UltraTech Cement will hold its Twenty-Sixth Annual General Meeting (AGM) on Monday, August 17, 2026, at 3:00 p.m. IST via Video Conferencing or Other Audio-Visual Means. The AGM will take the following key items of business: adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026; declaration of a dividend of ₹240 per equity share of ₹10 each as recommended by the Board of Directors; and re-appointment and continuation of Mrs. Rajashree Birla (DIN: 00022995) as Non-Executive Director, who retires by rotation. The AGM Notice and the Integrated and Sustainability Report for FY 2025-26 were dispatched electronically on July 24, 2026, and are available on the company's website, KFin Technologies Limited's portal, and the stock exchange websites.

Key AGM Agenda Items

The special business at the AGM includes the appointment of Mr. Vikram Bhalla (DIN: 01492081) as an Independent Director for a term of five consecutive years with effect from June 8, 2026 to June 7, 2031. Mr. Bhalla is a senior partner and founding team member of the Boston Consulting Group (BCG) India with nearly 30 years of advisory experience. The AGM will also consider the appointment of Mr. Jayant Dua (DIN: 00629213) as Director and Managing Director with effect from January 1, 2027, for a term of four years up to December 31, 2030. Mr. Dua is a seasoned leader with 37 years of experience who joined the Aditya Birla Group in 1996. This appointment follows the superannuation of Mr. K. C. Jhanwar, Managing Director, at the close of business on December 31, 2026. Additionally, shareholders will vote on ratification of the remuneration of M/s. D. C. Dave & Co., Cost Accountants, Mumbai, for conducting the cost audit for the financial year ending March 31, 2027, at a remuneration of ₹50,00,000 plus applicable taxes and reimbursement of out-of-pocket expenses.

Jayant Dua's Remuneration as Managing Director

The proposed remuneration for Mr. Jayant Dua as Managing Director includes a basic salary of ₹26,13,833 per month with a ceiling of ₹41,66,667 per month, a special allowance of ₹1,00,000 per month with a ceiling of ₹20,00,000 per month, and an annual incentive pay subject to a maximum of ₹10,00,00,000 per annum. Long-term incentive compensation, including employee stock options and performance stock units, is subject to a maximum target opportunity of ₹7,50,00,000 per annum. Mr. Dua holds an Engineering Degree from IIT Delhi, an MBA from International Management Institute, and has completed the Advanced Management Program from Harvard Business School.

Shareholder and Voting Timeline

The following key dates govern shareholder eligibility and the voting process for the AGM:

Shareholders holding shares as of the record date, July 30, 2026, are eligible to receive the dividend if approved, with payments scheduled for on or after August 18, 2026. Remote e-voting is managed by KFin Technologies Limited. Individual demat account holders can access the voting module through their depository accounts or the websites of NSDL and CDSL. Members attending the virtual meeting who have not voted remotely can cast their votes during the session, but those who have already voted remotely cannot vote again. A live webcast of the AGM proceedings will be accessible on KFin's e-voting website using remote e-voting credentials.

Dividend and Financial Context

The ₹240 per share dividend recommendation reflects UltraTech's strong financial performance in FY 2025-26, during which the company reported record consolidated net revenue of ₹88,512 crore and consolidated EBITDA of ₹17,598 crore, representing year-on-year growth of 17% and 32% respectively. Consolidated profit after tax increased 36% to ₹8,188 crore. Members holding shares in physical form must provide PAN, contact details, bank account information, and specimen signatures to KFin to receive dividends electronically. The company encourages members to opt for nomination facilities to secure their holdings.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE481G01011/24cc5668-abcc-4d29-a982-ae3eff9c924d.pdf

ultratech cement has submitted its Business Responsibility and Sustainability Report for the financial year ended March 31, 2026, to the Bombay Stock Exchange and the National Stock Exchange of India Limited. The disclosure, filed on July 24, 2026, provides stakeholders with consolidated data on the company’s environmental, social, and governance performance, covering operations across its manufacturing units and offices in India and internationally.

The submission was made in compliance with Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dhiraj Kapoor, Company Secretary and Compliance Officer, signed the communication addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of NSE. The report forms part of the company’s Integrated and Sustainability Report 2025-26 and is also available on the company’s website for public access.

Operational and Workforce Metrics

The report outlines the scale of UltraTech’s operations, which include 34 integrated cement units, 30 grinding units, and 465 ready-mix concrete units across India, alongside seven international facilities. As of the end of FY26, the entity employed a total of 30,621 employees and engaged 64,869 workers. Women constituted 6% of total employees and 2% of total workers. The turnover rate for permanent employees stood at 10.9% in FY26, compared to 9.78% in the previous fiscal year.

Environmental Disclosures

UltraTech reported a total energy consumption of 3,88,359.58 TJ in FY26, with renewable sources contributing 13,162.63 TJ. The company’s total water withdrawal amounted to 3,15,29,832 kilolitres, while total water consumption was recorded at 3,14,08,053 kilolitres. The entity maintains a zero liquid discharge mechanism at 100% of its cement manufacturing units and bulk terminals.

Greenhouse gas emissions disclosures show total Scope 1 emissions at 8,88,84,246 metric tonnes of CO₂ equivalent and Scope 2 emissions at 20,40,172 metric tonnes of CO₂ equivalent. The combined emission intensity per rupee of turnover was 0.103 kg CO₂/₹. The company continues to pursue Science Based Targets Initiative (SBTi) validated goals to reduce Scope 1 emissions intensity by 27% and Scope 2 by 69% by 2032 from a 2017 base year.

Governance and Assurance

The Business Responsibility and Sustainability Report underwent reasonable assurance for core indicators by TUV SUD South Asia Private Limited. The company’s Risk Management and Sustainability Committee, comprising independent directors Anjani Kumar Agrawal and V. Chandrasekaran, Managing Director K. C. Jhanwar, and Chief Financial Officer Atul Daga, oversees sustainability-related decision-making. No monetary penalties or fines were paid to regulatory or judicial institutions during the financial year.