Pilani Investment and Industries Corporation is set to sell about 1.7 million equity shares of UltraTech Cement through a block deal on the screen-based trading platform to raise ₹1,952 crore. Pilani Investment currently holds a 1.5 per cent stake in UltraTech, while promoter entities collectively own more than 59 per cent stake. UltraTech Cement has committed a fresh capital expenditure of ₹10,255 crore to expand its production capacity by 22.8 mtpa. This investment pushes the company’s total targeted cement capacity to over 241 mtpa by fiscal year 2027-28 as part of its ongoing multi-year expansion strategy. Published on August 12, 2026Companies to follow UltraTech Cement Ltd