Alpha Tribe

UltraTech Cement LimitedOthers, 12-03-2025: Security Cover Certificate

12-03-2025 · 04:39 pm

KKC & Associates LLP, serving as one of the joint statutory auditors for UltraTech Cement Limited, has provided an independent auditor’s certificate confirming the security cover related to the company's listed non-convertible debentures. The security cover has been computed at an impressive 11.32 times based on the company's financial assets as of December 31, 2024. This robust coverage suggests strong financial health and effective asset management by UltraTech. Investors may view this favorable ratio positively, indicating reduced risk regarding debt obligations and enhancing potential confidence in future performance.

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