UltraTech Cement to raise Rs 3,000 crore through NCDs
Fri, Nov 15, 2024 1:27 PM

UltraTech Cement to raise Rs 3,000 crore through NCDs

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UltraTech Cement will raise up to Rs 3,000 crore via private placement of non-convertible debentures in one or more tranches, as the cement maker seeks to strengthen its financial muscle amid intensifying competition. The Aditya Birla Group’s flagship company announced on Friday that its finance committee has approved a proposal to issue rupee-denominated, unsecured, redeemable.

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