UltraTech Cement 26th AGM: ₹240 Dividend, Key Votes

AGM date, time, and meeting mode

UltraTech Cement will hold its Twenty-Sixth Annual General Meeting (AGM) on Monday, August 17, 2026 at 3:00 p.m. IST. The company has stated the meeting will be conducted via Video Conferencing or Other Audio-Visual Means. For investors, the meeting matters because it bundles shareholder approvals across financial statements, dividend distribution, and multiple board and leadership appointments. The company has also set out a clear calendar for record date and remote e-voting. Shareholders typically track these dates closely because eligibility for dividend depends on holdings as of the record date. The AGM notice also lays down the sequence for participation and voting through remote e-voting before the meeting. Alongside the AGM agenda, the company has directed shareholders to its Integrated and Sustainability Report 2025-26 on its website.

Key agenda items shareholders will vote on

The AGM agenda includes the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. It also includes the declaration of a dividend of ₹240 per equity share of face value ₹10 each, as recommended by the Board of Directors, subject to shareholder approval. On the governance side, the company has proposed the re-appointment and continuation of Mrs. Rajashree Birla as a Non-Executive Director. The agenda also includes the appointment of Mr. Vikram Bhalla as an Independent Director for a five-year term starting June 8, 2026. Another major item is the appointment of Mr. Jayant Dua as Managing Director from January 1, 2027 for a four-year term. The company has indicated this MD appointment will be in succession to Mr. K. C. Jhanwar. These resolutions collectively address both statutory approvals and leadership continuity.

Dividend: record date, eligibility, and payment timeline

UltraTech Cement has set July 30, 2026 as the record date for the dividend. Shareholders holding shares as of that date will be eligible to receive the dividend if it is approved at the AGM. The company has also indicated that the expected dividend payment will be on or after August 18, 2026. For investors, the record date is the operational cut-off that determines entitlement, while the payment date provides visibility on cash receipt after approval. The proposed dividend amount for FY 2025-26, as stated in the AGM agenda, is ₹240 per equity share. Investors should note that dividend approval remains subject to shareholder voting at the AGM.

Remote e-voting schedule and important cut-off date

The company has specified August 10, 2026 as the e-voting cut-off date. Remote e-voting will open on August 13, 2026 at 9:00 a.m. IST and will close on August 16, 2026 at 5:00 p.m. IST. This window provides eligible shareholders an opportunity to vote ahead of the meeting without waiting for the AGM day. The schedule is particularly relevant given the AGM will be held through video conferencing or other audio-visual means. As a practical point, the cut-off date determines which shareholders are entitled to use the e-voting facility. The company has also presented the AGM timetable in a structured format to reduce ambiguity around dates.

Integrated and Sustainability Report 2025-26: where to find it

UltraTech Cement has told shareholders they can access the Integrated and Sustainability Report 2025-26 through the company website. The website mentioned is www.ultratechcement.com. The navigation path shared is Corporate > Investors > Financials > Annual Reports, leading to the document titled Integrated and Sustainability Report 2025-26. The specific web link provided in the communication is https://www.ultratechcement.com/corporate/investors-/financials-. For shareholders, this report is typically used to review strategy, governance, and sustainability disclosures along with the annual reporting package. The company’s inclusion of an explicit menu sequence suggests it expects shareholders to use the website pathway in addition to the direct link.

What the company has disclosed on recent performance

Separately, UltraTech Cement reported stronger-than-expected revenue for the quarter ended June 2026. The company reported sales of INR 11,890 crore versus a consensus estimate of INR 11,560 crore, and earnings per share of $1.60. It said the period marked its best first quarter on record, supported by 13.1% growth in domestic gray cement volumes, a 16% rise in revenue, and a 17.2% increase in profit after tax. These figures were referenced in the context of the quarter’s operational performance and financial outcome. The company’s earnings call transcript referenced the Q1 FY 2027 earnings conference call, with the CFO speaking after the moderator. Investors often map such quarterly disclosures to broader capacity expansion and demand trends, although the company’s statement here is limited to the specific numbers cited.

Chairman’s prior AGM remarks: capacity and FY26 starting point

In the Chairman’s Speech delivered at the Twenty-Fifth Annual General Meeting held on August 19, 2025, the company highlighted capacity and early FY26 performance indicators. The speech stated UltraTech Cement was on track to cross 200 MTPA capacity in FY26, a full year ahead of an original FY27 goal. It also said nearly 70% of capital expenditure was focused on growth. The same speech noted that the company had started FY26 strongly and gave Q1 consolidated numbers: net revenue of INR 21,275 crore compared with INR 18,819 crore in the same period last year, EBITDA up 44% year-on-year to INR 4,591 crore, and profit after tax up 49% to INR 2,226 crore. It also stated that 3.5 MTPA of grey cement capacity was added in the first quarter, taking total capacity to 192.26 MTPA.

Dividend history context from the Chairman’s speech

The 25th AGM Chairman’s speech also referred to a proposed dividend at that time. It stated that in recognition of strong performance, the Board proposed a dividend of ₹77.50 per equity share of face value ₹10, totalling INR 2,283.75 crore. This disclosure provides context on the company’s past dividend proposal discussed publicly at the prior AGM. It is distinct from the FY 2025-26 dividend proposal of ₹240 per share that is listed among the 26th AGM agenda items. Readers should treat these as separate disclosures from different AGM cycles, each tied to its respective period and shareholder approval process.

Key dates and numbers at a glance

Registered office and leadership references in the communication

The registered office address provided is Ahura Centre, B-Wing, 2nd Floor, Mahakali Caves Road, Andheri (East), Mumbai 400093, Maharashtra. The communication also lists the phone contact as +91 22 6691 7800. The industry classification mentioned is Building Materials/Products. The text also references Mr. Kumar Mangalam Birla as Non-Independent Non-Executive Chairman. In the earnings call transcript excerpt, the CFO referenced being inspired by the Chairman’s annual reflections, framing them around continuity and trust, without adding new numerical guidance. For investors, these details help anchor who is responsible for governance and where official disclosures originate.

What to watch as the AGM approaches

The immediate focus for shareholders is the voting timetable leading into August 17, 2026 and the resolutions covering dividend and appointments. The record date of July 30, 2026 is the key eligibility marker for the dividend, while the remote e-voting window provides the practical route for participation. On governance, the proposed appointments and re-appointments set up the company’s board composition and leadership transition into 2027, including the Managing Director appointment effective January 1, 2027. Separately, the company’s recent quarterly revenue and operational growth figures, along with prior AGM disclosures on capacity expansion, provide context for why dividend and capital allocation issues tend to attract attention.

Conclusion

UltraTech Cement’s 26th AGM on August 17, 2026 will be conducted via video conferencing and will ask shareholders to approve FY 2025-26 accounts, a ₹240 per share dividend, and multiple board and leadership resolutions. The next concrete milestones are the August 10 e-voting cut-off and the August 13 to August 16 remote e-voting window, followed by the AGM vote and the expected dividend payment on or after August 18, 2026.