The India Cements Limited — Others, 26-05-2025: Shareholders meeting

The India Cements Limited has announced a postal ballot to seek shareholder approval for related party transactions with its holding company, UltraTech Cement Limited, amounting to Rs.6,347 crore for FY 2025-26. These deal with purchases, sales, inter-corporate deposits, corporate guarantees, and personnel sharing, all conducted at arm’s length and as part of normal business. This approach is intended to improve operational efficiency and generate value for stakeholders. Shareholders excluding related parties can participate through remote e-voting.