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Ultra Tech eyes to acquire Century Textiles’ cement biz through share swap deal

By
Lucky Jain
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498
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(G.N.S) DT.21 New Delhi Under the arrangement, Kumar Mangalam Birla-led UltraTech will merge Century Textiles’ 13.4 million cement capacity with itself, taking UltraTech’s capacity to 105.9 million tonnes per annum (mtpa) in the domestic market, and consolidate its leadership position in the Indian cement industry. Aditya Birla Group firm UltraTech

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