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UltraTech Cement considering to raise Rs 250 crore via NCDs

20 Nov 2019 Evaluate

UltraTech Cement is considering a proposal to raise funds by issuance of 2,500 rated, listed, non-convertible, redeemable, unsecured non-convertible debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 250 crore on private placement basis, including the terms and conditions of the issue, on or after November 22, 2019.

Earlier, the Board of Directors of the Company at their meeting held on April 25, 2016, had granted an approval to raise funds, by way of issuance of NCDs; foreign currency loan or rupee term loan, or in any other manner, in one or more tranches.

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.

Ultratech Cement Share Price

11887.30 59.10 (0.50%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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