Epic Update : UltraTech Cement

UltraTech Cement, part of Aditya Birla Group (ABG), is considering raising around $100 million from the International Finance Corporation (IFC). The proposed fund raising is to back the company’s investment plan of around $297 million at Rawan village in Chhattisgarh. The company is existing client of IFC in India, Egypt, Thailand and Indonesia.

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