General Announcement::Investment in equity share capital

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
25-Jun-2024 22:28:54
Status
New
Announcement Sub Title
Investment in equity share capital
Announcement Reference
SG240625OTHRZ2ED
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 27th May, 2024 informing you about UltraTech Cement Middle East Investments Limited, ("UCMEIL"), the Company s wholly owned subsidiary in UAE making a partial cash offer for acquiring 158,049,610 shares, representing 31.6% of the share capital of 'Ras Al Khaimah Co. for White Cement and Construction Materials PSC' ("RAKWCT'). This offer was revised to 125,039,250 shares of RAKWCT representing 25% of the share capital of RAKWCT.

The Offer period ran for 28 days from 28th May, 2024 to 24th June, 2024 (the "Offer Period").

The final allotment of shares in terms of local regulations will be announced after the meeting of the shareholders of RAKWCT to be held on 9th July, 2024.

This is for your information and records, please.

Attachments

UltraTechRAKWCT25June2024.pdf
Total size =171K