Mumbai, Aug. 21 -- UltraTech Cement, the promoter of India Cements, will sell up to 2.01 crore equity shares representing 6.49% of the company's equity through an Offer for Sale (OFS) on stock exchanges.

UltraTech Cement held 25.25 crore shares or 81.49% stake in India Cements as on 30 June 2025.

The share sale will be conducted in line with SEBI's OFS guidelines on BSE and NSE through the separate OFS window.

For non-retail investors, the offer opens on August 21, 2025 (T day), while retail investors can participate on August 22, 2025 (T+1 day). Non-retail investors will have the option to carry forward their unallotted bids to the second day for potential allocation from the retail portion.

The floor price has been fixed at Rs 368 p...