UltraTech Cement Limited — Others, 25-06-2025: Security Cover Certificate

UltraTech Cement has maintained a security cover of 11.65 times for its listed non-convertible debentures as per the company’s audited standalone financials. The independent auditors reviewed the asset values and compliance with debenture covenants for the year, confirming accurate extraction of figures and adherence to all material terms. This robust security cover supports the creditworthiness of the NCD issued by the company, providing additional assurance to investors on the safety of their fixed-income instruments.