Ultramarine & Pigments Land Acquisition Analyzed

Ultramarine & Pigments has reached an agreement with the National Highways Authority of India (NHAI) regarding land ownership. Specifically, NHAI is purchasing 10,696 square meters of land that Ultramarine & Pigments previously owned in Ranipet, Tamil Nadu. This land was part of the company’s factory area.

• NHAI secures 10,696 sq. meters of Ultramarine land.
• This land is within the Ranipet, Tamil Nadu factory area.
• Acquisition is for a National Highway Project.
• Compensation of ₹6,01,18,526 received on 26 November 2025.
• Land transfer supports wider infrastructure development plans.
• Strategic land acquisition strengthens NHAI’s highway network.

The transaction will be completed on November 26, 2025. The amount of compensation received is ₹6,01,18,526. This land is needed for the development of a new National Highway. The NHAI will use this land to improve road connectivity and transportation in the region.

This acquisition demonstrates the ongoing commitment of the NHAI to upgrade and expand India’s national highway system. Ultramarine & Pigments is strategically releasing land to facilitate these vital infrastructure projects, contributing to economic growth and improved logistics.

This land transfer is a critical step in supporting India’s ambitious road infrastructure development goals.