UltraTech Cement revised its offer to acquire 25% of UAE-based RAKWCT, down from the initial 31.6%. The deal involves 12.50 crore shares and targets the Abu Dhabi stock exchange. The company had a turnover of Rs 482.5 crore in CY21, and UltraTech has a consolidated capacity of 152.7 million tonnes per annum of grey cement.
