Ultratech Cement Acquires 26% Stake in Amplus Omega Solar, Invests up to Rs 243 Million

In a strategic move, Ultratech Cement has acquired 26% equity share capital of Amplus Omega Solar, a leading solar energy solutions provider. The deal involves an equity investment of up to Rs 243 million, marking a significant milestone in the cement major’s diversification journey.

Summary:

– Ultratech Cement acquires 26% stake in Amplus Omega Solar
– Investment worth up to Rs 243 million
– Marks Ultratech’s foray into solar energy solutions
– Aims to diversify business beyond cement industry

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