UltraTech Cement (ULTRACEMCO) — Corporate Action

UltraTech Cement has distributed proceeds from the sale of consolidated fractional shares to eligible Kesoram Industries Limited shareholders following the Composite Scheme of Arrangement. The Audit Committee and Independent Directors certified that distributions were made in proportion to shareholders' entitlements under SEBI regulations. This fulfills the post-merger settlement obligation for fractional share holdings.

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About UltraTech Cement Limited (ULTRACEMCO)

Construction Materials · Cement & Cement Products · Listed on NSE

Market Cap: ₹3,38,497.96 Cr P/E: 44.1 ROE: 10.8% ROCE: 12.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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