Ultratech Cement's Finance Committee Approves Rs. 3,000 Crores Non-Convertible Debentures Issue

Ultratech Cement Ltd., in a recent development, has announced that its Finance Committee has approved a proposal to raise funds by issuing up to 3,00,000 fully paid, unsecured, listed, rated, redeemable, rupee denominated, non-convertible, non-cumulative debentures of Rs. 1,00,000/- each, amounting to a total of Rs. 3,000 crores. This decision was made at a meeting held on 12th November, 2024, which commenced at 11 a.m. and concluded at 11:25 a.m.