UltraTech Cement Ltd. has signed an Energy Supply Agreement and a Share Subscription and Shareholders Agreement to acquire a 26% equity stake in AMPIN C&I Power Forty Four Private Limited, a renewable energy (solar) generation and transmission company. The acquisition will be made for cash, with an equity investment of up to Rs. 15.12 crore, and is expected to be completed within 180 days of signing. UltraTech said the investment supports its green energy needs, optimises energy costs and helps meet captive power consumption requirements under electricity laws; the company also stated the deal is not a related-party transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UltraTech Cement Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: F3MC1A2QQD3LJDH0) on March 02, 2026, and is solely responsible for the information contained therein.