UltraTech Cement Schedules Investor Meeting at Citi's 2026 Pan-Asia Conference

UltraTech Cement has informed the stock exchanges about an upcoming investor meeting scheduled in May 2026. The disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Representatives from the company will attend a group meeting at Citi's 2026 Pan-Asia Flagship Overseas Conference on May 18, 2026. The company has noted that the schedule of the aforesaid meeting may undergo change due to exigencies on the part of investors or the company.

Scheduled Investor Meeting

The following table outlines the specifics of the scheduled interaction:

Date of Meeting:	Name of the Fund / Investor / Conference	Meeting
18th May, 2026	Flagship Overseas Conference: Citi's 2026 Pan-Asia	Group Meeting

Disclosure and Information

UltraTech Cement has explicitly stated that no Unpublished Price Sensitive Information (UPSI) is proposed to be shared during the aforesaid investor meeting. The latest Investor Presentation is available on the company's official website for interested stakeholders.

The intimation was signed by Dhiraj Kapoor, Company Secretary and Compliance Officer, on May 8, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.61%	+3.14%	+9.27%	+0.85%	+2.50%	+84.36%

UltraTech Cement Limited has disclosed the receipt of an assessment order from the Deputy Commissioner of Income-tax Central Circle, Mumbai 1(4), under Section 143(3) of the Income Tax Act, 1961, for Assessment Year 2023-24. The order, received on 5th May, 2026, carries a total tax demand of Rs.808.78 crores, inclusive of interest. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Assessment Order

The following table summarises the key particulars of the order as disclosed by the company:

Parameter:	Details
Issuing Authority:	Deputy Commissioner of Income-tax Central Circle, Mumbai 1(4)
Order Type:	Assessment Order under Section 143(3) of the Income Tax Act, 1961
Assessment Year:	2023-24
Tax Demand (incl. interest):	Rs.808.78 crores
Date of Receipt:	5th May, 2026

Grounds of Addition and Disallowance

The assessing officer has made certain additions and disallowances in the assessment order. The key areas cited include:

Tax holiday claims
Transfer pricing (TP) adjustments
ESOP (Employee Stock Option Plan) expenses

UltraTech Cement has stated that it believes it has strong legal grounds to nullify the entire demand, noting that most of the grounds are covered by favourable orders of appellate authorities in its own case for past years.

Company's Response and Expected Impact

The company has indicated that it is in the process of filing an appeal before the Commissioner of Income Tax (Appeals) against the said order within the prescribed timelines. UltraTech Cement has further stated that it does not expect any impact on the financial operations of the company as a result of this order. The disclosure was signed by Dhiraj Kapoor, Company Secretary and Compliance Officer, on 6th May, 2026.