31 Mar Annual Report UltraTech Cement Limited. 1 ⊲. NOTICE. NOTICE is hereby given that the Twelfth. Annual General Meeting of. 31 Mar UltraTech is among the top global cement .. on this Annual Report is without the financial year ending 31st March, , subject to. 18 Jul Annual Report UltraTech Cement Limited. 2. NOTICE OF ANNUAL GENERAL MEETING provisions of the Securities and Exchange.

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However, the economy started witnessing a rise in inflationary trend during the second half together with a tightening of the monetary policy, widening trade deficit, slowdown in corporate spending and escalation in global energy prices. However, in line with the provisions of Section 1 of the Act, the Report and Accounts as set out therein, are being sent to all Members of your Company excluding the aforesaid information.

No Stock Options and Restricted Stock Units have vested in the option grantees in terms of the provisions of the Scheme While the aggregate sales volume was Sukanya Kripalu and Mrs. Various activities have been initiated during the year in neighboring villages around its plant locations.

Transfer to general Reserve: An increase in diesel prices pushed freight cost northwards. Dave, Independent Director and Mr. Puranmalka’s existing term ends on 31st March, The CCI order is in relation to a complaint filed by the Builders Association of India for alleged contravention of the provisions of the Competition Act. Independent Director’s Statement – Independent Directors on your Company’s Board have given declarations that they meet the criteria of independence as provided in Section 6 of the Act and Clause 49 of the Listing Agreement.

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Rathi retire from office by rotation and being eligible, offer themselves for re-appointment. Despite cemsnt a major acquisition during the year, your Directors have recommended a dividend of Rs, Your Company continues to maximise use of industrial waste, alternative sources of fuel and annnual and mineral evaluation of captive limestone reserves. Formal Annual Evaluation The evaluation framework for assessing the performance of Directors of your Company comprises of contributions at the meetings, strategic perspective or inputs regarding the growth and performance of your Company, among others.


Another cement grinding facility of 1. In a separate matter, the CCI vide its order dated 19 th January, has imposed a penalty rreport Rs, The auditor’s certificate on compliance with the provisions of Clause 49 of the Listing Agreement is annexed to this Report.

Dave, Independent Director, Mr.

Continuous product quality improvement, customization and enhancing cement plant productivity are its main forte as it leads to greater profitability customer value and delight.

In a separate matter, the CCI by its order dated 19 th January, has imposed a penalty of Rs, The global cyclical upswing since mid – strengthened during the year.

Your Company has implemented repor grinding aids technology in the Eastern Cluster to further reduce the clinker factor clinker content in cementextend the life of its limestone deposits and significantly reduce its carbon footprint. The cement industry also benefitted on account of the measures adopted by the Government.

During the year under review, your Company was in compliance with the provisions relating to corporate governance as provided under the Listing Regulations. Your Company has implemented in-house grinding aids technology in the Eastern Cluster to further reduce the clinker factor clinker content in cementextend the life of its limestone deposits and significantly reduce its carbon footprint.

Directors Report of UltraTech Cement Ltd.

The Cement grinding facility of 4. Nonetheless, the Government’s focus on inclusive growth and infrastructure together with enhanced capital allocation towards infrastructure in the 12th Five year plan augurs well for the industry. It infused over Rs, Your Company’s net turnover stood at Rs.

Energy costs were also impacted due to the ban on petcoke usage in thermal power plants in Rajasthan, Yltratech Pradesh and Haryana. They will also be kept open for inspection at the Registered Office of your Company and its subsidiaries during business hours.


Rupee Opens Higher At Rajashree Birla and Mr.

Directors Report of UltraTech Cement Ltd. Company

It not only explores csment ways of preserving the environment and non-renewable resources but also encourages all the stakeholders to utilize resources responsibly.

There are no material transactions with any related party as defined under Section of the Act read with the Companies Meetings of Board and its Powers Rules, The process of the annual performance evaluation broadly comprises: The Board places on record its deep appreciation for the services rendered by Mr.

ABSTCL supports the broad diversity of the Group”s businesses through multi-disciplinary teams of expert scientists and engineers who lead fundamental and applied research projects.

Any Member, who is interested in obtaining a copy of the audited financial statements of your Company”s subsidiaries may write to the Company Secretary at the Registered Office of your Company. Kumar Mangalam Birla and Mr.

UltraTech Cement Directors Report | UltraTech Cement Director Details – The Economic Times

In terms of the provisions of the Act, your ratification to their appointment as Joint Statutory Auditors of your Company is being sought at the ensuing AGM and forms part of the Notice convening the said meeting. Further, the cost of key inputs like fly ash, slag and other raw materials also rose significantly. The financial statements reflect fairly annaul form and substance of transactions carried out during the year under review and reasonably present your Company”s financial condition and results of operations.

Hence, a resolution seeking your ratification for the remuneration payable to the Cost Auditors forms part of the Notice of the ensuing AGM. Regardless, the sector could face some headwinds in the form of higher fuel prices that could have a negative impact on margins.

Commercial production from the plant is expected to commence by June,