India Cements CEO N. Srinivasan Resigns

India Cements CEO N. Srinivasan Resigns As UltraTech’s Rs 7,000-Crore Deal Gets CCI Approval
N. Srinivasan resigned as the Chief Executive Officer (CEO) of India Cements on Wednesday, following the approval from the Competition Commission of India (CCI) for a deal worth over Rs 7,000 crore. The deal will see billionaire Kumar Mangalam Birla's UltraTech Cement acquire a majority stake in India Cements Ltd.
India Cements board undergoes rejig, CEO N Srinivasan resigns after UltraTech’s acquisition deal; details here
India Cement’s promoter shareholders resigned on Wednesday after UltraTech Cements completed the acquisition of majority stakeholding in the Chennai-based cement manufacturer.
CCI Approves UltraTech Cement’s ₹3,954 Crore Acquisition of India Cements
The Competition Commission of India has approved UltraTech Cement's acquisition of a 32.72% stake in India Cements for ₹3,954 crore.
N. Srinivasan resigns as CEO, MD of India Cements
India Cements announced on Wednesday that N. Srinivasan has resigned as CEO and MD. This follows the Competition Commission of India (CCI) approving UltraTech Cement's acquisition of a 55.5% stake in India Cements,
CCI approves UltraTech Cement acquisition of India Cements
CHENNAI: Just a fortnight after the Competition Commission of India (CCI) issued notices to India Cements and UltraTech Cement over the acquisition de.
India Cements promoter N. Srinivasan steps down as UltraTech completes acquisition
Leading cement maker UltraTech has completed the acquisition of promoters a 32.72% stake in India Cements Ltd, following which N. Srinivasan and other promoters of the South-based cement maker have stepped down.
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UltraTech Cement gets CCI's clearance to acquire majority stake in India Cements
Competition Commission of India (CCI) has approved UltraTech Cement's acquisition of a majority stake in India Cements.
Cement Stock Jump As CCI Clears UltraTech Cements' Rs 7,000 Crore Acquisition Bid For India Cements
The Indian cement sector witnessed a shake-up as shares of India Cements Limited soared by 11% on December 23, reaching a new ...
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UltraTech Cement gets CCI's approval to acquire majority stake in India Cements
The fair trade regulator also granted its clearance to UltraTech Cement to acquire up to 26 per cent of the paid-up equity ...