UltraTech Cement to Consider ₹5,000 Cr NCD Issue

UltraTech Cement Limited has announced that its Finance Committee will convene on July 23, 2026, to evaluate a proposal for raising funds through the issuance of Non-Convertible Debentures (NCDs). The company plans to issue up to 5,00,000 fully paid, unsecured, listed, rated, redeemable, rupee denominated, non-convertible, non-cumulative debentures, each with a face value of Rs. 1,00,000. This issuance, aggregating up to Rs. 5,000 crore, will be conducted in one or more tranches via private placement. The meeting will also finalize the terms and conditions of the proposed NCD issue.