Overwhelming response to Grasim's open offer to the shareholders of UltraTech CemCo Ltd.

1st June, 2004

There has been an overwhelming response to "the 30% open offer" made by Grasim Industries Ltd (Grasim) for equity shares of UltraTech Cement Ltd (UltraTech) which closed today. The cement business of Larsen & Toubro Limited was recently d