Pilani Investment to sell 1.7 million UltraTech Cement shares for ₹1,908 crore
2 sources·Updated August 12, 2026
Covered by 2 sources
- Business Today IN·11h agoUltraTech Cement to acquire 26% stake in Solar Power SPV for ₹27.75 crore
UltraTech will invest up to ₹277.55 million (₹27.75 crore) in Solaris Horizon Energy. The special purpose vehicle (SPV), promoted by Waaree Forever Energies, is developing a 65 MW solar power project in Chhattisgarh.
Read at Business Today IN → - Economic Times·12h agoPilani Investment to sell 1.7 million UltraTech Cement shares for ₹1,908 crore
Pilani Investment plans to sell 1.7 million UltraTech Cement shares valued at ₹1,908 crore on August 13, 2026, at a 3% discount. Separately, UltraTech Cement is acquiring a 26% stake in Solaris Horizon Energy to support its green energy initiatives.
Read at Economic Times →
