Newspaper Advertisement regarding Postal Ballot Notice
ULTRACEMCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
UltraTech Cement is seeking shareholder approval through a postal ballot for material related party transactions with The India Cements Limited, which is its subsidiary. The e-voting period runs from May 1, 2026 (9:00 AM IST) to May 30, 2026 (5:00 PM IST). The cut-off date for determining eligible members to vote was April 24, 2026. This is a standard corporate governance requirement under SEBI Listing Regulations, requiring listed companies to obtain shareholder approval for significant related party transactions. The resolution is classified as an Ordinary Resolution.
This is a routine governance matter where shareholders need to approve transactions with a subsidiary. It ensures transparency and compliance with SEBI regulations. No immediate impact on stock price expected unless the transaction terms raise concerns.