Allotment of 500000 securities pursuant to Non Convertible Securities on August 03, 2026
As filed · UltraTech Cement Limited has informed the Exchange regarding allotment of 500000 securities pursuant to Non Convertible Securities on August 03, 2026
What happened
FactUltraTech Cement Limited has approved the allotment of 5,00,000 fully paid, unsecured, listed, rated, redeemable, rupee denominated, non-convertible, non-cumulative debentures, each valued at Rs. 1,00,000, amounting to a total of Rs. 5,000 crore on a private placement basis. This decision was made by the Finance Committee of the Board of Directors. Further disclosure is attached as per the Listing Regulations.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
ContradictedRural markets are also delivering a growth of 13%, and we believe that the industry will achieve a growth of around 10% in the rural markets.
Without considering India Cements in our base for the last quarter, we have recorded a growth of 9.6%.
Change
FactImplication
CapitSignal interpretationCapex
RevisedThere will be capex on cement beyond 240 million tons further.
UltraTech crossed 200 million tons of cement production capacity in India, a first for any company in a single country outside of China.
Change
FactImplication
CapitSignal interpretationCapex
RevisedOut of these 22.8 million tons, 18 million tons is focused on the Northern markets and 4.8 million tons for the Western markets.
We are already writing our blueprint beyond 240 million tons, 240 is already stitched.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- We expect to complete our journey by Q4 '28 or maybe a quarter earlier. (management committed by Q4 FY28)
- The direction of travel is unmistakable and the destination is unchanged, and EBITDA of INR1,000 per ton for I (management committed by Q4 FY28)
Evidence
- UltraTech Cement Limited has informed the Exchange regarding allotment of 500000 securities pursuant to Non Convertible Securities on August 03, 2026(opens the original filing in a new tab)
- Earlier statement · Q2 FY26
- Latest statement · Q2 FY26
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q2 FY26
- Latest statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%