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UltraTech Cement's board approved the purchase of 100% equity of Wonder WallCare at an enterprise value not exceeding ₹235 crore. The deal includes a 6 lac MT per annum wall putty plant in Rajasthan and is expected to close in 90 days.
“The Company's Board of Directors at its meeting held today, approved the purchase of 100% equity of Wonder WallCare at an Enterprise Value not exceeding Rs. 235 crores.”adityabirla.com
Summarized from public sources; check the original articles before acting on it.