UltraTech Cement issues a postal ballot notice seeking shareholder approval for material related party transactions with its subsidiary, The India Cements Limited, for FY 2026-27.
The proposed transactions, valued at ₹9,820 crore, include purchases, sales, inter-corporate deposits, and guarantees, all stated to be at arm's length and in the ordinary course of business.
Remote e-voting is scheduled from May 1 to May 30, 2026, with results to be announced by June 2, 2026, following approval from the Audit Committee and Board.