Amplus Ages Private Limited announced that it has entered into purchase agreement to issue common shares for proceeds of up to INR 490 million on January 11, 2024. The transaction will include participation from new investor UltraTech Cement Limited, and will acquire 26% stake in the company. The transaction will be completed within 180 days from the execution of Electricity Offtake Agreement and Share Subscription and Shareholders Agreement.
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5-day change | 1st Jan Change | ||
11,659 INR | -1.48% | +0.21% | +11.00% |
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1st Jan change | Capi. | |
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+11.00% | 40.22B | |
+19.45% | 56.46B | |
+13.12% | 35.59B | |
+12.68% | 34.76B | |
+32.44% | 22.96B | |
+25.83% | 20.23B | |
+31.53% | 20.2B | |
-12.86% | 9.91B | |
+3.59% | 7.23B | |
+14.66% | 4.64B |
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- Amplus Ages Private Limited announced that it expects to receive INR 490 million in funding from UltraTech Cement Limited