UltraTech Cement Limited

Bandhan Mutual Fund bought 22,085 shares of UltraTech Cement for ₹25.59 Cr at ₹11585.00 apiece in a block deal. Pilani Investment and Industries Corporation, a promoter entity, was reportedly selling a 0.57% stake in UltraTech Cement via a block deal on the same day.

A leading cement manufacturer engaged in the production and distribution of cement and cement-related products across India and international markets. The company operates integrated cement plants equipped with modern technology and infrastructure to serve the construction, infrastructure, and industrial sectors. UltraTech maintains significant manufacturing capacity and operates an extensive distribution network across multiple regions to meet diverse customer requirements.

Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.