Postal Ballot Notice for Rs. 9,820 Cr RPTs with UltraTech

INDIACEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+4.7%1-day move

₹361.30

prior close

₹364.95

base price

After-mkt

timing

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-0.8-0.8-0.2-1.3+4.7+4.9+6.6+5.2+9.6+14.9+10.9+13.6+1.6+5.3

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AI summary

India Cements is seeking shareholder approval via postal ballot for material related party transactions worth Rs. 9,820 crore with its holding company UltraTech Cement for FY2026-27. E-voting runs from April 7 to May 6, 2026. Major items include sale of goods/services (Rs 6,000 Cr), purchases of clinker and coal (Rs 2,150 Cr), corporate guarantees (Rs 500 Cr), and inter-corporate deposits (Rs 1,000 Cr). UltraTech holds 74.998% of paid-up equity, making approval largely procedural. The FY2025-26 limit approved was Rs 6,347 Cr.

Likely market impact

Procedural RPT approval with parent UltraTech; likely to pass given UltraTech's ~75% stake. Routine, no material price impact expected.