UltraTech Cement Limited — JV/Acquisition, 18-03-2026: Acquisition

UltraTech Cement has acquired a 26.18% equity stake in Sunsure Solarpark Seven Private Limited for up to Rs 19.20 Cr. This strategic investment aims to fulfill UltraTech's green energy needs and optimize energy costs. Sunsure Solarpark Seven is a special purpose vehicle developing a 60 MWp solar power project, including battery storage, in Uttar Pradesh. This move enhances UltraTech's renewable energy profile, driving operational efficiency and supporting its sustainability goals through captive power consumption.