UltraTech Cement Limited disclosed the outcome of its Finance Committee meeting held on 23rd July 2026 regarding fundraising through non-convertible debentures.
Committee Decision Details
The Finance Committee of the Board of Directors approved a proposal to raise funds through issuance of:
- Up to 500,000 fully paid, unsecured, listed, rated, redeemable, rupee denominated, non-convertible, non-cumulative debentures
- Face value of ₹100,000 each
- Total aggregate amount up to ₹5,000 crores (rupees five thousand crore only)
- To be issued in one or more tranches
- On private placement basis
Meeting Details
The Finance Committee meeting:
- Commenced at 10:30 AM
- Concluded at 10:50 AM
- Held on 23rd July 2026
Additional Information
The document also references international stock exchange listings with Luxembourg Stock Exchange (Scrip Code: US90403E1038 and US90403E2028) and Singapore Exchange (ISIN Code: US90403YAA73 and USY9048BAA18).