L&T completes cement restructuring; Grasim acquires majority stake in UltraTech

1st July, 2004

Larsen & Toubro Limited (L&T) and Grasim Industries Limited (Grasim) today announced that the implementation process of the demerger of the cement division of L&T has been completed, and Grasim has acquired majority stake in UltraTech CemCo