UltraTech Cement fixes record date for AGM and dividend

1 min read     Updated on 20 Jul 2026, 10:35 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

UltraTech Cement has announced Thursday, July 30, 2026, as the record date to determine eligibility for its Annual General Meeting and dividend. The AGM will be held on Monday, August 17, 2026, at 3:00 p.m. IST via video conferencing. If approved, the dividend will be paid on or after Tuesday, August 18, 2026.

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UltraTech Cement has fixed Thursday, July 30, 2026, as the record date to determine shareholder eligibility for its upcoming Annual General Meeting (AGM) and dividend. The dividend, recommended by the Board of Directors, is subject to approval by shareholders at the AGM. This announcement is critical for investors looking to secure dividend payouts and participate in the company's annual proceedings.

The AGM is scheduled to be held on Monday, August 17, 2026, at 3:00 p.m. IST through video conferencing and other audio-visual means. The meeting will be conducted in accordance with applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI). The proceedings will be deemed to be held at the company's Registered Office in Mumbai.

In terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company notified the exchanges regarding the record date. The dividend, if approved at the AGM, will be paid to eligible shareholders on or after Tuesday, August 18, 2026.

Key Event Details

Event Date
Record Date Thursday, July 30, 2026
Annual General Meeting Monday, August 17, 2026
Dividend Payment On or after Tuesday, August 18, 2026

The Registered Office of UltraTech Cement is located at 'B' Wing, Ahura Centre, 2nd Floor, Mahakali Caves Road, Andheri (East), Mumbai. The company has also copied the intimation to depositories such as NSDL and CDSL, as well as registrar KFin Technologies Limited.

Historical Stock Returns for UltraTech Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+1.60%+4.52%+6.07%+0.29%-3.84%+62.89%

What is the expected dividend payout ratio, and how might it impact UltraTech's capital allocation strategy?

How will the upcoming AGM address potential challenges in the cement industry, such as rising raw material costs?

Could the dividend announcement signal a shift in UltraTech's financial priorities, such as increased shareholder returns or reinvestment?

UltraTech Cement grants 1.66 lakh stock options under ESOS 2022

1 min read     Updated on 20 Jul 2026, 08:23 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

UltraTech Cement granted 1,66,582 stock options to eligible employees on July 20, 2026, under its 2022 scheme. The grant includes 1,30,327 options at ₹11,727 each and 36,255 PSUs at ₹10 each, with vesting schedules extending up to three years.

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UltraTech Cement granted 1,66,582 stock options to eligible employees on July 20, 2026, under its Employee Stock Option and Performance Stock Unit Scheme 2022. The allocation consists of 1,30,327 options and 36,255 Performance Stock Units (PSUs), approved by the company's Nomination, Remuneration and Compensation Committee.

The scheme complies with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The exercise price for the options is ₹11,727 per option, derived from the market price on July 17, 2026, while the exercise price for PSUs is fixed at ₹10 per PSU.

Vesting and Exercise Details

The vesting structure differs between the two instruments. Options will vest at a rate of 33% annually over a three-year period, with the first vesting occurring one year from the date of grant. In contrast, the PSUs have a 100% vesting requirement at the end of three years from the grant date.

Once vested, the stock options must be exercised within a period of five years from the date of vesting. The specific details of the grant are outlined in the table below:

Detail Description
Number of stock options granted 166,582 stock options in aggregate, comprising of 130,327 Options and 36,255 PSUs.
Whether the scheme is in terms of SEBI (SBEB and Sweat Equity) Regulations, 2021 Yes
Vesting Period For Options – 33% every year, over 3 years. The first vesting being on completion of one year from date of grant. For PSUs: 100% vesting at end of 3 years from date of grant.
Exercise Period Stock Options to be exercised within 5 years from date of vesting.
Exercise Price For Options: ₹11,727 per option, based on the 'Market Price' on July 17, 2026 in accordance with applicable Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations) 2021. For PSUs: ₹10 per PSU.

Historical Stock Returns for UltraTech Cement

1 Day5 Days1 Month6 Months1 Year5 Years
+1.60%+4.52%+6.07%+0.29%-3.84%+62.89%

How will the dilution from these stock options impact UltraTech Cement's earnings per share over the next three years?

What strategic performance metrics are tied to the vesting of the Performance Stock Units (PSUs)?

Could this grant signal a shift in UltraTech's talent retention strategy amidst increasing competition in the cement sector?

More News on UltraTech Cement

1 Year Returns:-3.84%