• Awarpur Cement Works Plant II acquired.

• Jharsuguda grinding unit acquired.

• Hirmi Cement Works acquired.

• Gujarat Cement Works Plant I becomes functional.

• Gujarat Cement Works Plant II becomes functional.
• Andhra Pradesh Cement Works acquired.

• Narmada Cement Company Limited acquired.
• Ratnagiri Cement Works acquired.

• Bulk cement terminals established at Mangalore, Navi Mumbai and Colombo.

• Grasim acquires 10 percent stake in L&T. Subsequently increases stake to 15.3 percent by October 2002.
• Durgapur grinding unit becomes functional.

• The Grasim Board approves an open offer for purchase of up to 20 percent of the equity shares of Larsen & Toubro Ltd (L&T), in accordance with the provisions and guidelines issued by the Securities & Exchange Board of India (SEBI) Regulations, 1997.
• Grasim increases its stake in L&T to 14.15 percent.
• Arakkonam grinding unit becomes functional.

• The board of Larsen & Toubro Ltd (L&T) decides to demerge its cement business into a separate cement company (CemCo). Grasim decides to acquire an 8.5 percent equity stake from L&T and then make an open offer to acquire another 30 percent of the equity of CemCo, in order to acquire management control of the company.

• Completion of the implementation process to demerge the cement business of L&T and completion of open offer by Grasim, with the latter acquiring controlling stake in the newly formed company UltraTech.

• Narmada Cement Company Limited amalgamated with UltraTech, in accordance with a Scheme of Amalgamation approved by the Board for Industrial & Financial Reconstruction (BIFR) under the provision of Sick Industrial Companies Act (Special Provisions)

• UltraTech Cement Middle East Investments Limited, a wholly owned subsidiary of the Company acquired management control of ETA Star Cement together with its operations in the UAE, Bahrain and Bangladesh
• The cement business of Grasim demerged and vested in Samruddhi Cement Limited in May, 2010. Subsequently, Samruddhi Cement Limited amalgamated with UltraTech Cement Limited in July 2010.

• New clinker plants of 3.3 MT capacity each at Rawan, Chhattisgarh and Rajashree, Karnataka
• Commissioned GU of 1.6 MT capacity at Hotgi, Maharashta; 1.6 MT at Jharsuguda, Orissa and 1.5 MT at Rajashree, Karnataka
• Port - based bulk terminal of 0.5 MT at Cochin
• Wall care putty plant at Katni with a capacity of 0.4 MT
• Acquisition of Sewagram and Wanakbori unit in Gujarat with a capacity of 4.8 MTPA
• Total capacity - 62 MT (grey cement)

Largest single cement company in India 
Capacity: 66.3 MTPA
March: Grinding plants commissioned in Jhajjar, Dankuni, Patliputra

Largest cement company in India, 4th in world (excluding China) 
Capacity: 93 MTPA
July: Acquires Jaypee Cement business (21.2 MTPA)

UltraTech is 3rd largest cement company globally (excluding China) November - Acquired cement business of Binani Cement (6.25 MTPA) Capacity: 102.75 MTPA Cement unit commissioned in Dhar (3.5 MTPA) – Capacity 96.5 MTPA

अल्ट्राटेक सीमेंट के साथ सेंचुरी टेक्सटाइल्स एंड इंडस्ट्रीज लिमिटेड के सीमेंट व्यवसाय के विलय के बाद ११७.३५ MTPA की समेकित क्षमता अल्ट्राटेक चीन के अलावा केवल एक देश में १०० MTPA से अधिक क्षमता वाली दुनिया की पहली सीमेंट कंपनी बन गई है।

12.8 एमटीपीए क्षमता विस्तार के लिए 5,477 करोड़ रुपये का निवेश। विस्तार के नवीनतम दौर के पूरा होने पर, कंपनी की क्षमता बढ़कर 136.25 एमटीपीए हो जाएगी।

सस्टेनेबिलिटी-लिंक्ड बॉन्ड के रूप में सफलतापूर्वक यूएस $ 400 मिलियन जुटाए गए। अल्ट्राटेक भारत की पहली कंपनी है और एशिया की दूसरी कंपनी है जिसने डॉलर-आधारित स्थिरता से जुड़े बांड जारी किए हैं।