General Announcement::Acquisition of 26% equity share capital of M/s VEH Radiant Energy Private Limited

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
02-Aug-2023 21:35:08
Status
New
Announcement Sub Title
Acquisition of 26% equity share capital of M/s VEH Radiant Energy Private Limited
Announcement Reference
SG230802OTHR37R2
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)
In terms of the provisions of Regulation 30 of the Listing Regulations, we write to inform you that the Company has entered into Share Subscription and Shareholders Agreement and Energy Offtake Agreement with M/s VEH Radiant Energy Private Limited ( VEH Radiant ) for the purposes of acquiring 26% equity shares of VEH Radiant. VEH Radiant will be engaged in generation and transmission of renewable energy.

Disclosure as required under the Listing Regulations is attached as per Annexure A.

The above is for your information and record.

Attachments

VibrantDisclosureLSE.pdf
Total size =187K