UltraTech Cement has appointed Mr. Vikram Bhalla as an independent director for a term of five years effective June 8, 2026, subject to the approval of the company's shareholders. The appointment strengthens the board's governance structure with the addition of a seasoned advisor possessing deep expertise in strategic planning and organizational transformation.

The Board of Directors approved the appointment based on the recommendation of the Nomination, Remuneration and Compensation Committee. Mr. Bhalla, a senior partner and founding team member of the Boston Consulting Group (BCG) India, brings nearly 30 years of advisory experience spanning strategy, transformation, people and organization, and family business transformation. He has advised leading Indian conglomerates, mid-cap companies, and family enterprises across more than 30 countries.

Mr. Bhalla started his career with BCG in Mumbai in 1996 and became a Partner in 2005 and a Senior Partner in 2012. He holds an undergraduate degree in Physics from the University of Delhi and an MBA from the Indian Institute of Management, Calcutta. He currently serves on the Advisory Board of several non-profit organizations, including The Convergence Foundation, Center Square Foundation, and CEGIS.

The disclosure confirms that Mr. Bhalla is independent of the company's management and is not debarred from holding the office of director by any order from the Securities and Exchange Board of India or other authorities. There are no disclosed relationships between the new appointee and other directors of the company.

Appointment Details

UltraTech Cement Limited has informed its shareholders regarding the compulsory transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF). The company has published a notice in this regard in Business Standard (All editions) and Navshakti (Mumbai edition) on May 14, 2026, pursuant to the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.

Transfer Details and Financial Year

The notice specifically addresses shareholders whose dividends for the financial year 2018-19 remain unpaid or unclaimed for seven consecutive years. These shares are liable to be transferred to the IEPF during the financial year 2026-27. The company has already communicated individually with the concerned shareholders, providing them an opportunity to claim the outstanding amounts before the transfer is executed.

Key Deadlines and Action Required

Shareholders must act promptly to ensure their dues are not transferred to the IEPF. The company has outlined the following critical dates:

• Claim deadline: Shareholders must submit their claims on or before 15th July, 2026.
• Transfer execution: In the absence of communication, the shares will be transferred to the IEPF.

Claim Submission Process

To facilitate the direct credit of dividend amounts, shareholders are required to send a request to the Company or its Registrar and Transfer Agent, KFin Technologies Limited. The submission must include:

• A copy of a cancelled cheque of the bank account for credit.
• Duly filled forms ISR-1 and ISR-2.
• A self-attested copy of the PAN Card.
• A request letter.

If the cancelled cheque does not bear the shareholder's name, a self-attested copy of the bank passbook statement must be attached.

Reclaim Process Post-Transfer

Shareholders can reclaim their shares and dividends from the IEPF Authority even after the transfer by submitting an online application through web Form IEPF-5, available at www.iepf.gov.in . A signed copy of the form and requisite documents must be sent to the company's registered office for verification.