UltraTech Cement Plans ₹5,000 Crore Fund Raise, Board Approves Issue Of Unsecured Debentures
UltraTech Cement's Finance Committee has approved raising up to Rs 5,000 crore through the issuance of 5 lakh unsecured, listed, rated, redeemable, rupee-denominated, non-convertible debentures on a private placement basis.
UltraTech Cement's Finance Committee has approved raising up to ₹5,000 crore. |
Mumbai: UltraTech Cement Limited announced on Wednesday that its Finance Committee has approved a proposal to raise funds amounting to Rs 5,000 crore through the issuance of non-convertible debentures.
Debenture Details
The company will issue up to 5 lakh fully paid, unsecured, listed, rated, redeemable, rupee-denominated, non-convertible, non-cumulative debentures. Each debenture will have a face value of ₹1,00,000.
Fund Raising Method
These debentures will be issued in one or more tranches through a private placement basis. The total aggregate amount for the issuance will be Rs 5,000 crore.
Committee Meeting
The Finance Committee meeting, which approved this proposal, commenced at 10:30 a.m. and concluded at 10:50 a.m. on 23 July 2026.
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Compliance Officer
Dhiraj Kapoor, Company Secretary and Compliance Officer, signed off on the regulatory filing.
Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.
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