UltraTech Cement Limited has successfully concluded the acquisition of Wonder WallCare Private Limited, turning it into a wholly-owned subsidiary effective May 29, 2025. This follows the board’s earlier approval, dated April 3, 2025, to acquire 6.42 crore equity shares of Wonder WallCare, representing 100% of its equity share capital.
In a regulatory filing, UltraTech Cement confirmed the transaction’s closure, reinforcing its strategy to strengthen its presence in the white cement and wall care segment. With this acquisition, UltraTech is expected to enhance its product portfolio and market share in the rapidly growing building materials category.
Wonder WallCare is a notable name in the wall putty and allied products market. The full integration under UltraTech’s umbrella is anticipated to offer operational synergies and expand the company’s reach across geographies.
The company has informed the exchanges and relevant stakeholders about the acquisition completion for formal record and compliance purposes.
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