DEMERGER OF CEMENT BUSINESS OF CENTURY TEXTILES AND INDUSTRIES LIMITED INTO ULTRATECH CEMENT LIMITED

摘要

The Board of Directors of UltraTech Cement Limited ("Company" or "UltraTech"), at its meeting held today, approved a Scheme of Arrangement amongst Century Textiles and Industries Limited ("Century"), the Company and their respective shareholders and creditors ("Scheme"). In terms of the Scheme, Century will demerge the 'Cement Business' into UltraTech.