General Announcement::Acquisition of 26% equity share capital of M/s Amplus Ages 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
11-Jan-2024 20:03:23
Status
New
Announcement Sub Title
Acquisition of 26% equity share capital of M/s Amplus Ages Private Limited
Announcement Reference
SG240111OTHRW92T
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)
Dear Sirs,

In terms of the provisions of Regulation 30 of Listing Regulations, we write to inform you that the Company has entered into Share Subscription and Shareholders Agreement to acquire 26% equity shares of M/s Amplus Ages Private Limited, a company engaged in generation and transmission of renewable energy. The acquisition is for the purposes of meeting the Company s green energy needs, optimising energy cost and comply with regulatory requirements for captive power consumption under electricity laws.

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

The above is for your information and record.

Attachments

SE.pdf
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