UltraTech Cement Limited — Important, 23-07-2026: Committee Meeting Updates
23-07-2026 | 11:07 am
23-07-2026 | 11:07 am
UltraTech Cement's Finance Committee has approved a plan to raise funds by issuing up to 5,00,000 non-convertible debentures. Each debenture will be Rs. 1,00,000, totaling up to Rs. 5,000 Cr. These funds will be raised through private placement in one or more tranches. This strategic decision enables the company to secure significant capital for its operations or future growth without diluting existing shareholder equity, providing a robust funding mechanism.
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