31 Mar Annual Report UltraTech Cement Limited. 1 ⊲. NOTICE. NOTICE is hereby given that the Twelfth. Annual General Meeting of. 31 Mar UltraTech is among the top global cement .. on this Annual Report is without the financial year ending 31st March, , subject to. 18 Jul Annual Report UltraTech Cement Limited. 2. NOTICE OF ANNUAL GENERAL MEETING provisions of the Securities and Exchange.

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Actual results could differ materially from those expressed or implied. Visible Safety Training was carried cenent for the line managers, front line engineers by leadership teams and over 2, employees underwent this training. Moorthy resigned from the Board of your Company with effect from 26th April, The observation made in the Auditor’s Report are self-explanatory and therefore, do not call for any further comments under Section 3 of the Act.

All related party transactions have been approved by the Audit Committee of your Company and are reviewed by it on periodic basis. Your Company backed by a legal opinion, believes that it has a good case in both the matters and accordingly no provision. It is against this background, that we share your Company”s performance during Hence, a resolution seeking your ratification for the remuneration payable to the Cost Auditors forms part of the Notice of the ensuing AGM.

The observations made in the Auditor”s Report are self-explanatory and therefore, do not call for any further comments under Section 3 f of the Act. The auditor’s certificate on compliance with the provisions of Clause 49 of the Reporrt Agreement is annexed to this Report. Your Company will have a pan India presence and will also add to its portfolio the speciality products of white cement and wallcare putty. Towards this end, your Company has developed several products that aid in resource conservation, result in energy savings, and ensure durability.

Working capital increased on account of initial working capital infusion for the acquired assets including the upfront royalty payment for transfer anual mines. During the year under review, your Company was in compliance with the provisions of Clause 49 of the Listing Agreement with the stock exchanges relating to corporate governance.


Sukanya Kripalu and Ultratch. FY was also a year of challenges as major States imposed a ban on sand mining, arising out of environmental concerns and entry of the unorganized sector. These efforts have further strengthened your Company’s commitment towards sustainability in terms of responsible utilisation repoet non-renewable resources, continuous productivity improvement and energy conservation while ensuring highest customer satisfaction. During the year under review, your Company was in compliance with the provisions of Clause 49 of the Listing Agreement with the stock exchange relating to corporate governance.

Demand off-take was weaker than expected due to lower realty and infrastructure spending, extended monsoon, non- availability of railway wagons.

Their effectiveness is reflected as improvement in Employee Engagement scores in Some of the prestigious awards conferred on your Company during the year are: The financial statements reflect fairly the form and substance of transactions carried out during the year under review and reasonably present your Company”s financial condition and results of operations. The aggregate sales volume at During the year, your Company”s Board of Directors approved the setting up of a 3.

This annual resulted in higher depreciation.

Annual Report of Ultratech Cement Limited – Assignment Point

Internal control systems comprising of policies and procedures are designed to ensure sound management of your Company’s operations, safekeeping of its assets, optimal utilisation of resources, reliability of its financial information and compliance. Information on conservation of energy, technology absorption and foreign exchange earnings and outgo, required to be disclosed pursuant to Section 3 m of the Act read with the Companies Accounts Rules, is given in Annexure V to this Report.

However, the stimulus packages announced by the Government together with the initiatives for boosting rural development, infrastructure and housing aided in the revival of the economy. Your Company is committed to implementation reort this project and has been taking necessary steps towards the same.

The Group ranked second among two hundred other Indian organisations which took part.

Assignment Point – Solution for Best Assignment Paper

No mining activity had commenced on these blocks and the cancellation will not cemeent any material adverse impact on your Company. Adequate safeguards are provided against victimization of those who avail of the mechanism and direct access to the Chairman of the Audit Committee in exceptional cases is provided to them.


We applaud them for their superior levels of competence, dedication and commitment to your Company. It not only explores newer ways of preserving the environment and non-renewable resources but also encourages all the stakeholders to utilize resources responsibly.

The Safety excellence journey is a continuing process at your Kltratech. The details of program for familiarization of Independent Directors of your Company are available on your Company”s website viz.

The economy”s growth trajectory was sustained on the back of a series of reforms undertaken over the past year. As required under the Act, the remuneration payable to cost auditors has to be placed before the Members at a general meeting for ratification. Kumar Mangalam Birla retires from office by rotation and being eligible, offers himself for re-appointment.

Depreciation for the year at Rs, 1, crores is higher by Rs, crores over the previous year, mainly on account of the acquired assets and snnual of new assets commissioned. Ulratech completion of this round of capex, your Cemwnt cement capacity will be augmented by 10 mtpa to 62 mtpa; captive power capacity from MW to MW and green power through Waste Heat Recovery from 4 MW to 69 MW.

Your Company spent over Xement, 1, crores on various capital expenditure during the year. The Audit Committee has received a certificate from the Cost Auditors certifying their independence and arm”s length relationship with your Company.

These have been utilised for financing the various projects of your Company and discharging the borrowings of Rs.

ultratdch With your Company’s current projects underway, the capacity in India will grow to Meetings of the Board – The Board of Directors of your Company met 7 times during the year to deliberate on various matters. Going forward, the Government’s increased focus on urban as well as rural infrastructure development, housing and an enhanced capital allocation towards infrastructure in the 12th – Five Year Plan, will be the major growth drivers.

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