General Announcement::Repayment of loan amounting to Rs. 5,000 crores

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
30-Mar-2021 20:21:47
Status
New
Announcement Sub Title
Repayment of loan amounting to Rs. 5,000 crores
Announcement Reference
SG210330OTHRB8KM
Submitted By (Co./ Ind. Name)
UltraTech Cement Limited
Designation
Company Secretary
Effective Date and Time of the event
30/03/2021 17:30:00
Description (Please provide a detailed description of the event in the box below)
We are pleased to inform you that the Company, during the last week, has prepaid its Long-Term Loans amounting to Rs 5,000 Crores. This is in line with the Company s endeavour to maintain optimal capital structure.

We are also pleased to intimate you that the loan repayments have been done through free cash flows that the Company has generated over the last few quarters despite the challenging circumstances and severe business interruptions during the first quarter of the current fiscal year.

The same is for your information and records, please.

Attachments

SE.pdf
Total size =108K