UltraTech Cement has allotted Non-Convertible Debentures (NCDs) worth ₹5,000 crore on a private placement basis, securing long-term debt capital with coupon rates ranging from 7.22% to 7.25%. The Finance Committee of the Board of Directors approved the allotment on August 3, 2026, marking a significant execution in the company’s capital structure management.

The issuance comprises three distinct series of unsecured, listed, rated, redeemable, rupee-denominated debentures. Each debenture has a face value of ₹1,00,000, with a total of 5,00,000 units allotted. The transaction was disclosed to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) in compliance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

NCD Allotment Details

The ₹5,000 crore issue is split into three series with varying tenors and interest rates, allowing investors to choose based on their liquidity and yield preferences. All series are non-cumulative and will be redeemed at par upon maturity.

Interest payments for all series are scheduled to begin on August 3, 2027, with subsequent payments made annually or semi-annually depending on the series tenure, culminating in the final redemption dates listed above. No security charge has been created over any assets for these instruments.

Strategic Implications

The successful allotment of ₹5,000 crore in NCDs demonstrates UltraTech Cement’s strong access to domestic debt markets. By diversifying its funding sources through private placement, the company can optimize its cost of capital while maintaining flexibility in its balance sheet. The relatively tight spread between the coupon rates of the three series—ranging from 7.22% to 7.25%—reflects stable investor confidence in the company’s credit profile despite varying maturities.

This issuance aligns with broader corporate strategies in the cement sector to manage long-term infrastructure investments and working capital requirements efficiently. The proceeds from such debt instruments are typically utilized for general corporate purposes, including capacity expansion and debt refinancing, although specific use-of-proceeds details were not disclosed in the filing.

ultratech cement has dispatched letters to shareholders who have not registered their email addresses with the company, its Registrar and Transfer Agent (RTA), or Depository Participants (DPs). The letters provide a direct weblink for accessing the Integrated and Sustainability Report 2025-26, ensuring all members can review the financial and sustainability disclosures ahead of the upcoming Annual General Meeting. This communication aims to bridge the digital divide for physical shareholders while complying with regulatory mandates for electronic dissemination of information.

The disclosure was made to BSE Limited and The National Stock Exchange of India Limited on July 25, 2026, pursuant to Regulation 36(1)(b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dhiraj Kapoor, Company Secretary and Compliance Officer, signed the intimation. The report is also available on the company’s website at www.ultratechcement.com .

Accessing the Report

Shareholders can access the Integrated and Sustainability Report 2025-26 via the following path on the company’s website:

The specific weblink provided in the letter is https://www.ultratechcement.com/corporate/investors-/financials- .

Upcoming AGM and Shareholder Requirements

The 26th Annual General Meeting (AGM) of UltraTech Cement Limited will be held on Monday, August 17, 2026, at 3:00 p.m. (IST). The meeting will be conducted through Video Conferencing or Other Audio Visual Means, in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI.

KFin Technologies Limited serves as the Registrar and Transfer Agent. Shareholders holding shares in electronic mode are requested to update their email addresses through their respective DPs. Those holding shares in physical mode must register their email addresses by sending a request to sharesutcl@adityabirla.com or einward.ris@kfintech.com with the subject line 'Email Id Registration', or by logging into the KFinTech portal.

Regulatory Compliance for Physical Shareholders

Pursuant to SEBI Circulars, it is mandatory for members holding securities in physical form to furnish their Permanent Account Number (PAN), contact details (postal address with PIN code and mobile number), bank account details, and specimen signature with the company or KFin Technologies Limited. Folios lacking these details will only be eligible for grievance lodging, service requests, or dividend payments through electronic mode, effective from April 1, 2024.

SEBI has clarified that submitting a 'Choice of Nomination' is not a prerequisite for availing these benefits, although the company urges shareholders to opt for nomination to secure their holdings. For further assistance, shareholders may contact KFin at einward.ris@kfintech.com or the toll-free number 1800 309 4001.