ULTRATECH CEMENT LTD
UltraTech Cement Limited is an Indian cement company based in Mumbai. It is a subsidiary of the Indian multinational conglomerate, Aditya Birla Group. The company was founded in 1983. Its key product is cement.
Ultratech is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India. UltraTech provides a range of products that cater to the various aspects of construction, from foundation to finish. This includes Ordinary Portland Cement, Portland Blast Furnace Slag Cement, Portland Pozzalana Cement, White Cement, Ready Mix Concrete, building products and a host of other building solutions. Cement is sold under the brands ‘UltraTech, UltraTech Premium and Birla Super.’ White cement is manufactured under the brand name of ‘Birla White’, ready mix concretes under the name of ‘UltraTech Concrete’ and new age building products under the names of ‘Xtralite, Fixoblock, Seal & Dry and Readiplast’. UltraTech is the largest manufacturer of concrete in India.
UltraTech is a founding member of Global Cement and Concrete Association (GCCA). It has adopted new age tools like Science Based Target Initiative (SBTi), Internal Carbon Price and Energy Productivity (#EP100) as part of its efforts to accelerate adoption of low carbon technologies and processes across its value chain and thus reduce carbon footprint over the life cycle. UltraTech is the first company in India and the second company in Asia to issue dollar-based sustainability linked bonds. The company’s vision is to be the leader in building solutions.
As part of its CSR, UltraTech reaches out to nearly 2.1 million beneficiaries in over 500 villages across India covering areas of education, healthcare, sustainable livelihoods, community infrastructure and social causes. Their 840 self-help groups empower 8000 households financially and socially. Up until now the 440 students who have been trained here have well placed jobs. Eye camps, blood donation camps, installation of RO plants, toilets & sanitation facilities were organized by the company.
Their shareholding pattern consists of Promoters and Promoter Group having 59.96% of shares, Public having 8.95% shares, Government having 0.05% following by FII’s having 16.58% shares and DII’s with 14.39% shares, Non Promoters – Non Public having 0.07%.
