UltraTech Cement , one of India's leading cement manufacturers, is facing significant changes in its leadership and regulatory scrutiny, according to recent developments.

Chief Legal Officer's Resignation

Anoop Khatry, the Chief Legal Officer of UltraTech Cement, has tendered his resignation. The company announced that Khatry's departure will be effective from July 3, 2025, marking the end of his tenure with the cement giant.

CCI Investigation and Document Request

In a separate but potentially related development, the Competition Commission of India (CCI) has directed UltraTech Cement to submit financial documents. This request comes as part of an ongoing investigation into alleged cartelisation in tenders issued by Oil and Natural Gas Corporation (ONGC).

Probe Findings and Implications

The CCI's probe has uncovered potential violations of competition norms. The investigation appears to implicate not only UltraTech Cement but also its subsidiary, India Cements, along with other companies in the sector. The exact nature and extent of these alleged violations remain undisclosed at this time.

Industry-wide Implications

This development raises questions about competitive practices within the cement industry, particularly in relation to bidding for large-scale projects. The CCI's focus on ONGC tenders suggests that the investigation may have broader implications for how cement companies engage in bidding processes for major infrastructure and energy projects.

The confluence of the high-level executive departure and the ongoing regulatory investigation presents a challenging scenario for UltraTech Cement. As the situation unfolds, stakeholders will be closely watching how the company navigates these legal and leadership challenges.

UltraTech Cement has not yet issued a public statement regarding the CCI's document request or the findings of the probe. The company's response to these developments, as well as its strategy for addressing the regulatory concerns, will be crucial in the coming months.

As this story develops, further updates are expected regarding the CCI investigation, its potential outcomes, and any additional changes in UltraTech Cement's leadership structure.

UltraTech Cement , India's leading cement manufacturer, has strengthened its production capabilities with the successful commissioning of a new cement grinding mill at its Maihar unit in Madhya Pradesh. This strategic expansion marks a significant step in the company's ongoing efforts to meet the growing demand for cement in the region.

Expansion Details

The newly commissioned grinding mill, the second at the Maihar facility, boasts an impressive capacity of 1.80 Million Tonnes Per Annum (MTPA). This addition is expected to substantially enhance UltraTech Cement's production capabilities in central India.

Capacity Enhancement

With the addition of this 1.80 MTPA grinding mill, UltraTech Cement has significantly boosted its production capacity. The company's consolidated domestic grey cement capacity has now increased to 186.86 MTPA, while its total global capacity has reached 192.26 MTPA.

Strategic Importance

The commissioning of this new mill underscores UltraTech Cement's commitment to strengthening its market position and meeting the increasing infrastructure and construction needs of the country. The Maihar unit, located in Madhya Pradesh, is strategically positioned to serve the central Indian market efficiently.

Industry Implications

The cement industry in India has been witnessing growing demand, driven by infrastructure development and housing projects. UltraTech Cement's capacity expansion aligns with this trend and positions the company to capitalize on future growth opportunities in the sector.

This latest development reaffirms UltraTech Cement's position as a key player in India's cement industry, demonstrating its continued focus on expansion and operational excellence to meet market demands.