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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The year was indeed challenging for the cement industry. T Moorthy retire from office by rotation and being eligible, offer themselves for re-appointment. 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 Audit Committee comprises of Mr. 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.

To mitigate the impact of rising fuel prices, your Company was engaged in a cost control program leading to the following efficiencies:. 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.

Assignment Point – Solution for Best Assignment Paper

Your Company backed by a legal opinion, continues to believe that it has a good case and accordingly no provision has been made in the accounts. Commercial production from the plant is expected to commence by June, The CCI order is in relation to a complaint filed by the Builders Association of India for alleged contravention of the provisions of the Competition Act. In the short to middle term, the economy will be faced with a number of challenges – most importantly, the high level of inflation which is not indicating any signs of reduction and the hardening global energy prices.

The other Members of the Committee are Mr. Details of Loan, Guarantee and Investment covered under the provisions of Section of the Act read with the Companies Meetings of Board and its Powers Rules, are given in the Notes to the standalone financial statements.


Damodaran was appointed Additional Director on the Board of your Company with effect from 16th April, Apart from the unfavorable demand-supply scenario, the industry has been also reeling under the pressure of rising input costs. This results in process optimization and debottlenecking, natural raw materials conservation and promotion of alternative fuels while complying with the increasingly stringent quality and environmental norms.

Annual Report of Ultratech Cement Limited – Assignment Point

The plant has been commissioned in record time of less than days, setting a global benchmark for size of such capacity. Maheshwari, Managing Director; Mr. The NRC and the Board have laid down the manner in which formal annual evaluation of the annuaal of the Board, its Committees and individual Directors has to be made. Dube holds office upto the date of the ensuing Annual Ultratecn Meeting.

This is likely to be driven by a slew of infrastructure projects which have been announced by the government, among which are the construction of around 84, kilometers of roads by including the Bharatmala Project, construction of rural roads under the Pradhan Mantri Gram Sadak Yozana byHousing for All bythe metro rail networks in several cities, bullet train and various irrigation projects.

Safety focus was also maintained at the project sites by the project leadership team. The Cement grinding facility of 4.

Directors Report of UltraTech Cement Ltd. Company

During the financial year, your Company entered into related party transactions which were on arm”s length basis and in the ordinary course of business. Clearly defined roles and responsibilities have been institutionalised.

Towards this end, your Company has developed several products that aid in resource conservation, result in energy savings, and ensure durability. Drag according to your convenience. Your Company is committed to providing a safe and conducive work environment to all of its employees and associates.

In accordance with the provisions of Section 12 of the Act read with the Companies Appointment and Remuneration of Managerial Personnel Rules,the names and other particulars of employees drawing remuneration in excess of the limits set out in the aforesaid Rules, forms part of this Report. Renuka Ramnath have been appointed Additional Directors Independent for a period of 5 consecutive years with effect from 11th October,subject to consent by the Members of the Company at the ensuing Annual General Meeting.


Directors Report of UltraTech Cement Ltd.

Any Member, who is interested in obtaining a copy of audited financial statements of your Company’s subsidiaries may write to the Company Secretary at the Registered Office of your Company.

The aggregate sales volume remained flat at A number of measures in the form of monetary, fiscal and policy will be required to overcome these challenges.

Meetings of the Board The Board of Directors of your Company met 6 times during the year to deliberate on various matters. Among the advanced economies, notably Ultrahech, Japan, Korea and the United States, growth in the third quarter of was higher than projected.

As on 31 st Marchyour Company”s employee cemrnt stood at 19, employees. These efforts have further strengthened your Company’s commitment towards sustainability in terms of responsible utilisation of non-renewable resources, continuous productivity improvement and energy conservation while ensuring highest customer satisfaction.

Any Member, who is interested in obtaining a copy of the audited financial statements of your Company”s subsidiaries may write to the Company Secretary at the Registered Office of your Company.

The policy is given in Annexure I to this Report. We very warmly thank all of our employees for their contribution to your Company’s performance. Current projects undertaken by ABSTCPL scientists include the use of computational or modeling methods for enhancing cement process productivity. Further, your Company has increased the capacity of its unit in Gujarat by 0.

The Indian economy witnessed challenging times as a result of high cost of credit and fall in capital markets that stoked the sluggishness in the economy.