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UltraTech Cement has denied media reports alleging its involvement in a cement cartelisation case, clarifying it is not under investigation and has received no orders or financial scrutiny from the Competition Commission of India. The company’s subsidiary, India Cements Limited, is a party to the case and is addressing the matter separately. UltraTech Cement intends to take legal action to protect its reputation against these misleading claims. This distinction is important for shareholders as it clarifies that the core business remains unaffected by this legal issue.