UltraTech Cement has allotted 971 equity shares of Rs10/- of the Company to Option Grantees upon exercise of stock options and restricted stock units under the Company's Employee Stock Option Scheme.

On allotment, the equity share capital of the Company stands increased to 288,626,076 equity shares of ` 10/- each aggregating to ` 2,88,62,60,760 /-.

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Net profit of UltraTech Cement rose 199.13% to Rs 3242.77 crore in the quarter ended March 2020 as against Rs 1084.05 crore during the previous quarter ended March 2019. Sales declined 13.14% to Rs 10745.62 crore in the quarter ended March 2020 as against Rs 12370.61 crore during the previous quarter ended March 2019.

For the full year,net profit rose 141.93% to Rs 5814.84 crore in the year ended March 2020 as against Rs 2403.51 crore during the previous year ended March 2019. Sales rose 1.24% to Rs 42124.83 crore in the year ended March 2020 as against Rs 41608.81 crore during the previous year ended March 2019.

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The Board of UltraTech Cement will meet on 20 May 2020 to consider and approve issuance of redeemable non-convertible debentures (”NCDs”) from time to time, on private placement basis, within the borrowing limits approved by the shareholders at the Annual General Meeting of the Company held on 18 July, 2019.

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UltraTech Cement will hold a meeting of the Board of Directors of the Company on 20 May 2020.

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