115.60 (0.94%) UltraTech Cement’s board has approved Capital expenditure (capex) towards increasing capacity, with a mix of brown field and green field expansion, in order to cater to future growth. The proposed capacity is expected to be added in a phased manner from FY26 onwards. Investment required for the proposed capacity expansion is Rs 13,000 crore. The Board of Directors of the company at its meeting held on October 28, 2023, has approved the same.
UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.