UltraTech Cement has received approval for a proposal to raise funds by issuance of up to 3,00,000 fully paid, unsecured, listed, rated, redeemable, rupee denominated, non-convertible, non-cumulative debentures (NCDs) of Rs 1,00,000 each aggregating up to Rs 3,000 crore, in one or more tranches, on private placement basis. The Finance Committee of the Board of Directors of the company at its meeting held on November 15, 2024 has inter-alia approved the same.
UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11948.20 |
| Ambuja Cement | 444.25 |
| ACC | 1392.00 |
| Shree Cement | 25437.05 |
| Dalmia Bharat | 1830.30 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: