UltraTech Cement Limited has announced that its Finance Committee will convene on July 23, 2026, to discuss a proposal for raising funds. The company plans to issue up to 5,00,000 redeemable, rupee-denominated, non-convertible debentures (NCDs), each with a face value of Rs. 1,00,000. This private placement aims to raise an aggregate amount of up to Rs. 5,000 crore.
UltraTech Cement Announces Fund Raising Plans
UltraTech Cement Limited has issued a prior intimation regarding a significant financial move. The company’s Board of Directors has approved a plan to raise funds through various means, including Non-Convertible Debentures (NCDs), foreign currency loans, or rupee term loans, to be executed in one or more tranches. This strategic initiative aims to bolster the company’s financial resources for future growth and operational needs.
Finance Committee Meeting to Consider NCD Issuance
A pivotal meeting of the Finance Committee of the Board of Directors is scheduled for Thursday, July 23, 2026. During this meeting, the committee will deliberate on a proposal to raise capital by issuing up to 5,00,000 fully paid, unsecured, listed, rated, redeemable, rupee-denominated, non-convertible debentures. Each debenture will have a face value of Rs. 1,00,000, with the total issuance aggregating up to Rs. 5,000 crore (Rupees Five Thousand Crore only). The issuance will be conducted on a private placement basis, and the terms and conditions of the issue will also be considered.
Global Presence and Stock Exchange Listings
UltraTech Cement’s shares are listed on major stock exchanges, including the BSE Limited (Scrip Code: 532538) and the National Stock Exchange of India Limited (Scrip Code: ULTRACEMCO). The company also has a presence on international exchanges such as the Luxembourg Stock Exchange (Scrip Code: US90403E1038 and US90403E2028) and the Singapore Exchange (ISIN Code: US90403YAA73 and USY9048BAA18), reflecting its global reach and investor base.
Source: BSE
