UltraTech Cement has announced the divestment of its Singapore-based subsidiary Bumi Resources (Singapore) Pte. Ltd., marking a strategic move to streamline its international operations. The cement major disclosed the transaction details to stock exchanges on January 16, 2026, as part of its regulatory compliance under SEBI listing obligations.

Transaction Details

The company has entered into a Share Purchase Agreement with Celestial Energy Pte. Ltd. for the complete sale of its stake in Bumi Resources (Singapore) Pte. Ltd., classified as a non-material subsidiary. The transaction encompasses the subsidiary along with its non-operating subsidiaries.

Financial Impact Assessment

The subsidiary's contribution to UltraTech Cement's overall financial performance has been minimal, reflecting its non-material status. As of December 31, 2025, the financial metrics demonstrate the limited operational scope of the entity.

Buyer Profile and Transaction Nature

Celestial Energy Pte Ltd., the acquiring entity, is incorporated under Singapore laws with registration number 201940276M. The company maintains its registered office at 9, Raffles Place, Republic Plaza 58-00 Singapore 048619. Importantly, the buyer has no connection to UltraTech Cement's promoter group or related entities, ensuring the transaction qualifies as an arm's length deal.

Regulatory Compliance

The divestment does not constitute a related party transaction and falls outside any scheme of arrangement requirements. UltraTech Cement has fulfilled its disclosure obligations under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, providing comprehensive details to BSE Limited and the National Stock Exchange of India Limited.

The transaction represents UltraTech Cement's continued focus on optimizing its subsidiary portfolio while maintaining compliance with regulatory frameworks across multiple jurisdictions including Luxembourg and Singapore stock exchanges.

UltraTech Cement Ltd. recorded a significant block trade on the National Stock Exchange (NSE), highlighting notable institutional activity in the cement sector. The transaction involved substantial volume and value, reflecting investor interest in one of India's leading cement manufacturers.

Block Trade Details

The NSE block trade encompassed specific parameters that demonstrate the scale of the transaction:

Transaction Significance

Block trades represent large-volume transactions that are typically executed by institutional investors, mutual funds, or other significant market participants. These trades are conducted outside the regular market mechanism to minimize potential price impact on the stock. The execution price of ₹12,152.00 per share indicates the premium valuation commanded by UltraTech Cement shares in the current market environment.

Market Activity

The ₹18.61 crore transaction value demonstrates substantial capital deployment in UltraTech Cement stock. Such block trades often signal strategic investment decisions by institutional players and can indicate confidence in the company's business prospects. The transaction involving approximately 15,316 shares represents a meaningful volume that warrants attention from market participants and analysts tracking the cement sector.