Pilani Investment and Trading Company plans to sell UltraTech Cement shares worth around ₹1,950 crore in an offer that is set at a 3% discount to the previous day’s closing price. Business Line reports the value at ₹1,952 crore, while Economic Times cites ₹1,908 crore for the transaction, with both describing the sale as a block of shares. Economic Times specifies the sale as 1.7 million shares and gives the timing as August 13, 2026.
The outlets also note a separate corporate development involving UltraTech Cement’s energy plans. Economic Times says UltraTech Cement is acquiring a 26% stake in Solaris Horizon Energy to support green energy initiatives. Business Line focuses on the share-sale mechanics and UltraTech’s broader capacity expansion commitment, reporting cement-major capex of ₹10,255 crore. Together, the articles present the sale by Pilani Investment alongside UltraTech’s parallel strategy updates, with differences mainly in reported transaction valuation and additional company priorities highlighted by each outlet.
