UltraTech Cement Limited — Others, 10-12-2024: Security Cover Certificate

KKC & Associates LLP has issued an independent auditor's certificate regarding UltraTech Cement’s compliance with security cover terms for its listed non-convertible debentures as of the end of September 2024. The audit findings confirm that the company maintains a robust security cover of 11.70 times based on book values and verifies compliance with the covenants associated with the outstanding debentures.

This affirmation supports UltraTech Cement’s financial stability and provides reassurances to investors regarding the company’s asset backing for its debts, potentially enhancing investor confidence.