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UltraTech Cement has announced a board meeting to finalize its acquisition of a 26% equity stake in AMPIN C&I Power Eight Private Limited for a cash investment of ₹25.5 crore (cr). This strategic move aims to align with UltraTech's green energy objectives, optimize energy costs, and comply with regulatory mandates for captive power consumption. The acquisition will facilitate the development of a 75 MWp DC solar power project, enhancing UltraTech's renewable energy portfolio and operational efficiencies. The transaction is targeted for completion within 180 days.