UltraTech Cement executed a significant block trade on the National Stock Exchange (NSE), marking a notable institutional transaction in the cement sector. The large-volume trade demonstrates continued institutional interest in one of India's leading cement manufacturers.

Transaction Details

The block trade involved substantial financial parameters that highlight the scale of institutional activity in the stock.

Block Trade Significance

Block trades represent large-volume transactions executed outside regular market hours or through special trading mechanisms. These transactions allow institutional investors to trade substantial quantities without significantly impacting the stock's market price. The execution of such trades typically indicates:

• Institutional portfolio rebalancing activities
• Large-scale investment decisions by mutual funds or foreign institutional investors
• Strategic stake transfers between institutional entities

Market Context

The transaction price of ₹12,373.00 per share reflects the current market valuation of UltraTech Cement shares. Block trades of this magnitude often serve as indicators of institutional confidence and provide insights into large investor sentiment toward the company's prospects.

Such institutional transactions in the cement sector often reflect broader infrastructure and construction industry dynamics, as cement companies play a crucial role in India's ongoing development initiatives.

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.