Focus Merit

UltraTech’s subsidiary to sell the whole stake in Chinese cement firm for $129 million

UltraTech
  • Krishna Holdings, a subsidiary of UltraTech Nathdwara Cement, will trade its entire 92.5 percent stake in China’s Shandong Binani Rongan Cement for around $129 million. UltraTech Nathdwara Cement is a subsidiary of the UltraTech Cement.