Key Resolution Details

  • Resolution Description: Approval of Material Related Party Transactions between UltraTech Cement Limited and The India Cements Limited, a subsidiary of the Company.
  • Resolution Type: Ordinary Resolution
  • Voting Method: Remote e-voting via postal ballot
  • Cut-off Date for Shareholder Eligibility: Friday, 24th April, 2026
  • Voting Period: Commenced on Friday, 1st May 2026 at 9:00 AM IST and ended on Saturday, 30th May 2026 at 5:00 PM IST
  • Deemed Passing Date: The resolution is deemed to have been passed on the last date of remote e-voting, Saturday, 30th May 2026.

Scrutinizer Appointment

  • Mr. Anish Gupta, Partner, VKMG & Associates LLP, Company Secretaries, was appointed as the Scrutinizer to scrutinize the remote e-voting process.
  • The Scrutinizer's Report is dated 2nd June 2026.

Voting Results Summary

Based on the Scrutinizer's Report, the resolution was passed with requisite majority:

  • Total Equity Shareholders as of cut-off date: 435,169
  • Total Members who voted: 2,863
  • Total Valid Votes Polled: 88,383,635 shares
  • Votes in Favor: 87,013,647 shares (99.99% of valid votes)
  • Votes Against: 5,059 shares (0.01% of valid votes)
  • Abstained Votes: 42,975 shares (by 25 members)
  • Invalid Votes: 94,918 shares (by 26 members)

Note 1: Votes cast by related parties were not considered in the voting.

Note 2: Three members cast votes partially in favor and partially against the resolution. These members were counted under both categories for member count, but their votes were allocated proportionally for share count.

Category-Wise Voting Breakdown (Annexure II)

Public Institutions

  • Shares Held: 9,459,697,000
  • Valid Votes Polled: 8,413,707,500 shares (90.2451% of shares held)
  • Votes in Favor: 8,413,482,000 shares (99.9973% of votes polled)
  • Votes Against: 2,255 shares (0.0026% of votes polled)

Public Non-Institutions

  • Shares Held: 2,799,639,300
  • Valid Votes Polled: 287,657,200 shares (10.2748% of shares held)
  • Votes in Favor: 287,376,800 shares (99.9025% of votes polled)
  • Votes Against: 28,040 shares (0.0974% of votes polled)

Promoter & Promoter Group

  • Shares Held: 17,208,585,800
  • Valid Votes Polled: 0 shares (0.0000% of shares held)
  • No votes were cast by the Promoter & Promoter Group category.

Overall Totals

  • Total Shares Held: 29,467,917,100
  • Total Valid Votes Polled: 8,701,364,700 shares (29.5283% of total share capital)
  • Total Votes in Favor: 8,700,858,800 shares (99.9942% of votes polled)
  • Total Votes Against: 5,059 shares (0.0058% of votes polled)

Disclosure and Compliance

  • The disclosure is made pursuant to Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The voting results along with the scrutinizer's report will be made available on the Company's website at www.ultratechcement.com.
  • The outcome was communicated to BSE Limited, National Stock Exchange of India Limited, Luxembourg Stock Exchange (Scrip Code: US90403E1038 and US90403E2028), and Singapore Exchange (ISIN Code: US90403YAA73 and USY9048BAA18).

Scrutinizer's Verification

  • The e-voting process was witnessed by two independent witnesses: Mr. Prathmesh Gogarkar and Mrs. Vedika Mantri.
  • The Scrutinizer confirmed that the Postal Ballot e-voting was conducted in a fair and transparent manner.
  • All records and registers related to the voting will be handed over to the Company Secretary of UltraTech Cement Limited.