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Grasim open offer closes on June 21

MUMBAI: Grasim Industries has informed the Bombay Stock Exchange that in terms of the scheme, it has offered to purchase, from the shareholders of Ultra Tech CemCo up to 373.21 lakh fully paid equity shares of Rs. 10 each aggregating 30 per cent of the emerging share capital of Ultra Tech CemCo at a price of Rs. 342.60 per share payable in cash. The company has informed that the offer closes on June 21. — Our Bureau

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