28 March 2018
A lot of apprehensions were raised by the Resolution Professional about UltraTech obtaining the CCI clearance, on its bid for Binani Cements. CCI have today cleared it. UltraTech was rated the H2 bidder instead of H1, for this reason. The CCI clearance validates UltraTech’s contention that they were wrongly and unjustifiably rated H2 instead of H1.
Dr. Pragnya RamGroup Executive President, Corporate Communications & CSRAditya Birla Management Corporation Private LimitedAditya Birla Centre, 1st Floor, 'C' WingS.K. Ahire Marg, WorliMumbai 400 030.
91-22-6652 5000 /2499 5000
Fax: 91-22-6652 5741/ 42