UltraTech Cement Ltd
NSE: ULTRACEMCO BSE: 532538
₹11521
(-1.14%)
Thu, 12 Mar 2026, 03:18 am
Market Cap3430.27B
PE Ratio44.25
Dividend0.63
Company History
1983
- Awarpur Cement Works Plant I
1987
- Awarpur Cement Works Plant II
1993
- Jharsuguda grinding unit
1994
- Hirmi Cement Works
1996
- Gujarat Cement Works Plant I
1998
- Andhra Pradesh Cement Works
- Gujarat Cement Works Plant II
1999
- Narmada Cement Company Limited acquired
- Ratnagiri Cement Works
2000
- Bulk cement terminals at Mangalore, Navi Mumbai and Colombo
2001
- Grasim acquires 10 per cent stake in L&T.
- Durgapur grinding unit
2002
- Grasim increases its stake in L&T to 14.15 per cent
- Arakkonam grinding unit
- The Grasim Board approves an open offer for purchase of up to 20 per cent of the equity shares of Larsen & Toubro Ltd (L&T), in accordance with the provisions and guidelines issued by the Securities & Exchange Board of India (SEBI) Regulations, 1997.
2003
- The board of Larsen & Toubro Ltd (L&T) decides to demerge its cement business into a separate cement company (CemCo).
- Grasim decides to acquire an 8.5 per cent equity stake from L&T and then make an open offer for 30 per cent of the equity of CemCo, to acquire management control of the company
2004
- Completion of the implementation process to demerge the cement business of L&T and completion of open offer by Grasim, with the latter acquiring controlling stake in the newly formed company UltraTech
2006
- Narmada Cement Company Limited amalgamated with UltraTech pursuant to a Scheme of Amalgamation being approved by the Board for Industrial & Financial Reconstruction (BIFR) in terms of the provision of Sick Industrial Companies Act (Special Provisions)
- Ultratech Cemco Limited changed its name to Ultratech Cement Ltd
- Ultratech Cement Ltd has inducted Mr. Saurabh Misra into the Board as an Additional Director and appointed Managing Director of the Company.
- Ultratech Cement receives order from BIFR.
- Ultratech Cement Ltd has appointed Mr Girish M Dave as a Director on the Board of the Company.
2009
- UltraTech to absorb Samruddhi to form India's biggest cement firm
- Ultratech to be the lead sponsors of Rajasthan Royals
- UltraTech to consider Grasim merger proposal
2010
- Ultratech Cement Ltd has appointed Mr. O P Puranmalka as Additional Director with immediate effect.
2011
- UltraTech Cement Ltd has recommended a final dividend of Rs. 6/-
2012
- UltraTech Cement Ltd has acquired 100 per cent equity shares of Gotan Limestone Khanij Udyog Pvt Ltd (GKUPL), Rajasthan.
2013
- Birla White Yuvaratna Awards for Architects and Engineers
- UltraTech Cement Limited to acquire the Gujarat Cement Unit of 4.8mtpa of Jaypee Cement Corporation Limited in Gujarat
- UltraTech annouces the winners of 'Mera Gaon Mera Base'
- UltraTech launches new specialty concrete products
2014
- UltraTech Cement Welcomes New Network of Gujarat Cement Dealers
- UltraTech Cement Limited acquisition of Cement Units of Jaiprakash Associates Limited
2015
- UltraTech Cement commissions clinkerisation plant at Rajasthan
2016
- UltraTech Cement Acquisition of Cement Units of Jaiprakash Associates Limited
- Ultratech secures 4.09 LT of coal supply
- UltraTech Cement hits record high on fund raising plans
2017
- UltraTech Cement commissions slag cement capacity in Bihar
- UltraTech Cement recommended a dividend of Rs. 10/- per equity share of Rs. 10/- each
2018
- UltraTech Cement commenced construction work for a greenfield cement plant at Ballara village, Pali.
- UltraTech Cement recognised at National Energy Conservation Award 2017.
- UltraTech sets new benchmarks in commissioning of Greenfield Factory in South West MP.
2019
- UltraTech Concrete receives 'Innovation for Sustainability' Award at the Economic Times Innovation Awards.
- UltraTech Cement Limited developed an in-house technology to use all waste generated from the rejected concrete.
2020
- UltraTech has entered an MoU with Coolbrook to explore technology options for reduction of CO2 emissions from our cement manufacturing operations.
- Aditya Birla Group Cement Flagship Company UltraTech Cement Announces RS 5477 Crores Investment Towards 128 mtpa Capacity Expansion.
2021
- UltraTech Cement Amongst India's 30 Best Workplaces In Manufacturing 2021
- UltraTech Cement joins RE100, commits to 100% renewable energy usage by 2050
- UltraTech and PRESPL sign MOU for scaling up use of Agri Waste as fuel in cement manufacturing
- UltraTech Wins FICCI Indian Circular Economy Award 2021
2022
- UltraTech announced signing of a MoU with Coolbrook, a transformational technology and engineering company.
- UltraTech announces Rs.12886 crore investment for 22.6 MTPA capacity expansion.
- UltraTech's Aditya Cement Works recognised at 17th CII-ITC sustainability Awards 2022.
- UltraTech Cement announced the commissioning of Line II of the Bara Grinding Unit in Uttar Pradesh, India, having cement capacity of 2 mtpa.
2023
- UltraTech targets green energy at 85% of its total energy mix by 2030.
- Demerger of Cement Business of Kesoram Industries Limited into UltraTech Cement Limited
- UltraTech marching ahead to 182 MTPA capacity in India with a fresh investment of INR 13,000 crores
- UltraTech Cement to implement Coolbrook's innovative technology for industrial electrification.
2024
- UltraTech acquires additional 25 pc in UAE-based RAKWCT.
- UltraTech acquires 26% of equity share capital of Amplus Omega Solar Private Limited.
- UltraTech commissions 100 MW AC Solar Project connected to Inter State Transmission System.
- UltraTech acquires 26% equity share capital of M/s Amplus Ages Private Limited.
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