MoneyWorks4Me

UltraTech Cement planning to raise funds up to Rs 3,000 crore

13 Nov 2024 Evaluate

UltraTech Cement is planning to raise funds by issuance of up to 3,00,000 fully paid, unsecured, listed, rated, redeemable, rupee denominated non-convertible, non-cumulative debentures of Rs 1,00,000 each aggregating to up to Rs 3,000 crore, in one or more tranches, on private placement basis, including the terms and conditions of the issue, on or after November 15, 2024.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.


Peers
Company Name CMP
Ultratech Cement 10746.45
Ambuja Cements 349.00
ACC 1136.00
Shree Cement 22215.25
Dalmia Bharat 1619.75
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