UltraTech Cement Merger & Restructuring Worth ₹27.76 Cr
UltraTech Cement will acquire a 26% stake in Solaris Horizon Energy for ₹27.76 Crore. The investment aims to secure captive solar power for its plants.
- Value
- ₹27.76 Cr
- Execution
- Within 180 days
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UltraTech Cement will acquire a 26% stake in Solaris Horizon Energy for ₹27.76 Crore. The investment aims to secure captive solar power for its plants.
UltraTech Cement clarified that the recent material price movement in its shares is purely market-driven, with no pending undisclosed information or events.
UltraTech Cement Limited has allotted non-convertible securities. This debt issuance follows the board's prior approval for capital raising activities.
UltraTech Cement has allotted unsecured, rated, redeemable non-convertible debentures worth ₹5,000 Crore on a private placement basis.
UltraTech Cement informed shareholders about accessing the Integrated and Sustainability Report 2025-26 via its website, fulfilling regulatory requirements under Regulation 36(1)(b).
UltraTech Cement has assigned a CARE AAA/Stable rating to a proposed ₹5,000 Crore NCD issue. Bank facilities were also reaffirmed at CARE AAA/Stable.
UltraTech Cement Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026.
UltraTech Cement received a 'Crisil AAA/Stable' rating for its ₹2,000 Crore Non-convertible debentures. Crisil also reaffirmed existing debt and bank loan facility ratings.
UltraTech Cement reported record Q1 FY27 results with domestic volume growth of 13.1% and EBITDA of INR 5,146 crores. Management highlighted successful brand integration of acquired assets and robust infrastructure demand.
UltraTech Cement's Finance Committee approved raising up to ₹5,000 Crore through non-convertible debentures. The instruments will be unsecured and issued on a private placement basis.
UltraTech Cement plans to raise up to ₹5,000 Crore through the issuance of non-convertible debentures. The company has closed its trading window pending committee approval.
UltraTech Cement Limited has announced a Finance Committee meeting for July 23, 2026, to consider raising funds via debt issue.
UltraTech Cement's Finance Committee will meet on July 23, 2026, to consider raising up to ₹5,000 crore through the issuance of non-convertible debentures.
UltraTech Cement has granted 1,66,582 stock options to eligible employees under its Employee Stock Option and Performance Stock Unit Scheme, 2022.
UltraTech Cement has scheduled its Annual General Meeting for 17th August 2026. The company also fixed 30th July 2026 as the record date for dividend eligibility.
UltraTech Cement has re-appointed Mr. Vivek Agrawal as Whole-time Director and CMO. The term spans from January 1, 2027, to December 31, 2028.
UltraTech reported robust Q1FY27 performance with 16.3% revenue growth and 17.2% PAT growth YoY. The company remains focused on aggressive capacity expansion and increasing its green power mix.
UltraTech Cement approved its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The board meeting concluded on July 20, 2026.
UltraTech Cement clarified that recent material price movements are purely market-driven. The company confirmed no undisclosed events or impending announcements triggered the volatility.
Mr. Sanjeeb Kumar Chatterjee has superannuated as Executive President - Secretarial. He ceased to be senior management personnel on June 30, 2026.
CARE Ratings Limited reaffirmed UltraTech Cement's ratings as 'CARE AAA; Stable' for long-term and short-term bank facilities. This reflects the company's strong market leadership.
UltraTech Cement redeemed a Rs. 250 Crore Commercial Paper on its maturity date. This confirms the company met its debt obligations on time.
UltraTech Cement will invest ₹12.09 Crore for a 13.99% stake in FPEL Services Private Limited. The investment secures 15.70 MW of captive wind power for Tamil Nadu plants.
UltraTech Cement acquired a 13.99% stake in FPEL Services for Rs.1.21 Crore to secure captive wind power. This supports green energy goals and regulatory compliance.
UltraTech's Q4FY26 dossier highlights its position as India's No.1 cement player with 205.5 MTPA capacity. Strategy focuses on balanced organic/inorganic expansion and scaling to 242.5 MTPA by FY28.
UltraTech Cement reports Q4FY26 results, highlighting its position as India's leading cement producer with a grey cement capacity of 205.5 MTPA. The company is focused on scaling capacity to 242.5 MTPA by FY28.
UltraTech Cement announced that Mrs. Alka Bharucha has completed her second term as Independent Director. She demitted office on June 8, 2026, following a successful tenure.
UltraTech Cement announced the successful passage of a postal ballot resolution regarding material related party transactions. Shareholders approved the transactions with The India Cements Limited by requisite majority.
UltraTech Cement has scheduled a board meeting on July 20, 2026, to approve quarterly financial results. The trading window remains closed from July 1 until July 22.
UltraTech Cement appointed Vikram Bhalla as an independent director for five years starting June 2026. This leadership addition strengthens the board's strategic and organizational expertise.