MoneyWorks4Me

UltraTech Cement planning to raise Rs 1,000 crore via NCDs

28 Dec 2020 Evaluate

UltraTech Cement is considering a proposal to raise funds by issuance of 10,000 rated, listed, non-convertible, redeemable, unsecured Non-convertible debentures(NCDs) of Rs 10,00,000 each aggregating to Rs 1,000 crore, on private placement basis, including the terms and conditions of the issue, on or after December 30, 2020. 

UltraTech Cement is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India.

Peers
Company Name CMP
Ultratech Cement 11187.70
Ambuja Cements 392.50
ACC 1251.40
Shree Cement 22314.55
Dalmia Bharat 1743.45
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