CSK not part of UltraTech & India Cements transaction

Chennai Super Kings (CSK) is excluded from the India Cements and UltraTech Cement deal. UltraTech approved a 32.72% stake purchase in India Cements, complementing a previous acquisition. N Srinivasan and his family retain significant ownership in CSK, which experienced notable declines in both revenue and net profit for FY23.