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UltraTech Cement planning to raise Rs 9,000 crore via NCDs: Report

26 Jun 2018 Evaluate

UltraTech Cement is reportedly planning to raise Rs 9,000 crore through an issue of redeemable, non-convertible debentures (NCDs) on a private placement basis. The company plans to seek shareholders’ nod for the issuance at its annual general meeting (AGM) to be held on July 18.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies strength, reliability and innovation.

Peers
Company Name CMP
Ultratech Cement 11354.00
Ambuja Cements 359.00
ACC 1151.35
Shree Cement 23511.85
Dalmia Bharat 1378.55
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