UltraTech Cement approves ₹5,000 crore NCD raise to fund capacity expansion
UltraTech Cement will raise up to ₹5,000 crore through privately placed non-convertible debentures as it accelerates capacity growth, with 15.9 MTPA planned for FY27 and 29.8 MTPA for FY28.
UltraTech Cement approved raising up to Rs 5,000 crore through privately placed NCDs as it expands capacity. The Aditya Birla Group company plans to add 15.9 MTPA in FY27 and 29.8 MTPA in FY28 after reporting strong Q1FY27 growth.
Why this matters
The funding plan follows UltraTech’s Q1 volume growth and profit gains and supports its stated target of 237 MTPA cement capacity by FY28.
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