General Announcement::Outcome of Board meeting

Issuer & Securities

Issuer/ Manager
ULTRATECH CEMENT LIMITED
Securities
ULTRATECHUS$400M2.8%N310216A - US90403YAA73 - MTZB
ULTRATECHUS$400M2.8%N310216R - USY9048BAA18 - WQ5B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
21-Jul-2025 17:10:34
Status
New
Announcement Sub Title
Outcome of Board meeting
Announcement Reference
SG250721OTHR76WV
Submitted By (Co./ Ind. Name)
Sanjeeb Kumar Chatterjee
Designation
Company Secretary and Compliance Officer
Description (Please provide a detailed description of the event in the box below)
We refer to our letter dated 2nd June, 2025, intimating about the meeting of the Board of Directors of the Company ("the Board") to be held on Monday, 21st July, 2025.

We now write to inform you that the Board at its meeting held today:

a) approved the Standalone and Consolidated Unaudited Financial Results of the Company for the
quarter ended 30th June, 2025.
b) approved and recommended appointment of Deloitte Haskins and Sells LLP (Registration No.: 117366W/W-100018) as the Joint Statutory Auditor of the Company, for a term of five consecutive years to hold office from the conclusion of the 25th Annual General Meeting ( AGM ) until the conclusion of the 30th AGM, for approval of the members at the ensuing AGM of the Company. The details as required are given in Annexure A.

c) recommended adoption of Memorandum of Association as per Table A specified under Schedule I of the Companies Act, 2013, in place of the existing Memorandum of Association, for approval of the members at the ensuing AGM of the Company. The details as required are given in Annexure B.

d) recommended alteration of the Articles of Association of the Company, for approval of the members at the ensuing AGM of the Company. The details as required are given in Annexure B.

e) approved the appointment of Mr. V. Chandrasekaran (DIN: 03126243) as an independent director of the Company with effect from 13th August, 2025 for a period of five years, based on the recommendation of the Nomination, Remuneration and Compensation Committee and subject to approval of the Members of the Company. The details as required are given in Annexure C. Mr. V. Chandrasekaran is independent of the Company's management and based on declarations received, he is not debarred from holding the office of director by virtue of any order passed by the Securities and Exchange Board of India or any other such authorities.

Mr. Sunil Duggal s (DIN: 00041825) term as an independent director concludes on 13th August, 2025. He has indicated that owing to current engagements and personal commitments, he does not wish to be considered for re-appointment for a second term.

The Quarterly Unaudited Financial Results (Standalone and Consolidated) along with Limited Review Reports and press release are attached for your records.

The meeting commenced at 12 noon and concluded at 1:45 p.m.

Attachments

BM Outcome.pdf
Total size =8875K