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Home › Companies › UltraTech Cement Ltd. › 2025-2026

UltraTech Cement Ltd. 2025-2026 Proxy Voting Records

At UltraTech Cement Ltd.'s 2 shareholder meetings in the 2025-2026 proxy season (held August 19, 2025 and May 30, 2026), 57 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,409 separate fund positions. Their filings are grouped here into 28 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Material Related Party Transactions between the Company and The India Cements Limited — the reporting funds cast 100% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 28Reported items
  • 57Asset managers
  • 1,409Fund votes
  • August 19, 2025Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from UltraTech Cement Ltd. has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore UltraTech Cement Ltd. in the interactive database Compare manager voting policies

How asset managers voted at the UltraTech Cement Ltd. 2025-2026 meetings

Each item below shows how the 57 asset managers that disclosed a UltraTech Cement Ltd. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of UltraTech Cement Ltd.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect V. Chandrasekaran as Director

No official resultsDIRECTOR ELECTIONS

Meeting held August 19, 2025; no official results are on file for this meeting.

95% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 6,875,620 for, 396,417 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,875,620AGAINST: 396,417
Largest asset managers voting on “Elect V. Chandrasekaran as Director” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan407,2930 00For
Legg Mason319,6670 00For
Allspring0235,820 00Against
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS081,863 00Against
Dimensional64,1300 00For
Putnam057,324 00Against
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco26,4420 00For
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya019,803 00Against
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

2. Reelect Krishna Kishore Maheshwari as Director

No official resultsDIRECTOR ELECTIONS

Meeting held August 19, 2025; no official results are on file for this meeting.

94% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 6,817,872 for, 454,165 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 6,817,872AGAINST: 454,165
Largest asset managers voting on “Reelect Krishna Kishore Maheshwari as Director” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan0407,293 00Against
Legg Mason319,6670 00For
Allspring235,8200 00For
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS81,8630 00For
Dimensional64,1300 00For
Putnam57,3240 00For
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco026,442 00Against
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya019,803 00Against
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

3. Appointment of MR. v. chandrasekaran (DIN: 03126243) as an independent director

No official resultsDIRECTOR ELECTIONS

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: APPOINTMENT OF MR. V. CHANDRASEKARAN (DIN: 03126243) AS AN INDEPENDENT DIRECTOR

The 12 asset managers below reported 3,391,927 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,391,927
Largest asset managers voting on “APPOINTMENT OF MR. V. CHANDRASEKARAN (DIN: 03126243) AS AN INDEPENDENT DIRECTOR” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
FINANCIAL INVESTORS TRUST92,0800 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
John Hancock23,1330 00For
Vanguard20,5750 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National13,4950 00For
Six Circles Trust12,3490 00For
Krane Shares Trust1,5050 00For
Managed Account Series5920 00For
GPS Funds I3010 00For

4. Re-appointment of MR. krishna kishore maheshwari (DIN: 00017572), non-executive director who retires from office by…

No official resultsDIRECTOR ELECTIONS

Meeting held August 19, 2025; no official results are on file for this meeting.

99.8% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: RE-APPOINTMENT OF MR. KRISHNA KISHORE MAHESHWARI (DIN: 00017572), NON-EXECUTIVE DIRECTOR WHO RETIRES FROM OFFICE BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT, LIABLE TO RETIRE BY ROTATION

The 12 asset managers below reported 3,388,091 for, 3,836 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,388,091AGAINST: 3,836
Largest asset managers voting on “RE-APPOINTMENT OF MR. KRISHNA KISHORE MAHESHWARI (DIN: 00017572), NON-EXECUTIVE DIRECTOR WHO RETIRES FROM OFFI” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
FINANCIAL INVESTORS TRUST92,0800 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
John Hancock23,1330 00For
Vanguard20,5750 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National11,1642,331 00Mixed
Six Circles Trust12,3490 00For
Krane Shares Trust01,505 00Against
Managed Account Series5920 00For
GPS Funds I3010 00For

5. Elect Krishna Kishore Maheshwari

No official resultsDIRECTOR ELECTIONS

Meeting held August 19, 2025; no official results are on file for this meeting.

0% of fund votes cast · no official result

AGAINST
Details: votes by 4 asset managers

The 4 asset managers below reported 234,945 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

AGAINST: 234,945
Largest asset managers voting on “Elect Krishna Kishore Maheshwari” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab0173,456 00Against
Russell Investments041,577 00Against
Global X012,616 00Against
Vanguard07,296 00Against

6. Elect Venkatadri Chandrasekaran

No official resultsDIRECTOR ELECTIONS

Meeting held August 19, 2025; no official results are on file for this meeting.

79% of fund votes cast · no official result

FORAGAINST
Details: votes by 4 asset managers

The 4 asset managers below reported 186,072 for, 48,873 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 186,072AGAINST: 48,873
Largest asset managers voting on “Elect Venkatadri Chandrasekaran” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab173,4560 00For
Russell Investments041,577 00Against
Global X12,6160 00For
Vanguard07,296 00Against

7. Adopt New Memorandum of Association

No official resultsCORPORATE GOVERNANCE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 7,272,037 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,272,037
Largest asset managers voting on “Adopt New Memorandum of Association” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan407,2930 00For
Legg Mason319,6670 00For
Allspring235,8200 00For
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS81,8630 00For
Dimensional64,1300 00For
Putnam57,3240 00For
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco26,4420 00For
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya19,8030 00For
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

8. Amend Articles of Association

No official resultsCORPORATE GOVERNANCE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 7,272,037 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,272,037
Largest asset managers voting on “Amend Articles of Association” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan407,2930 00For
Legg Mason319,6670 00For
Allspring235,8200 00For
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS81,8630 00For
Dimensional64,1300 00For
Putnam57,3240 00For
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco26,4420 00For
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya19,8030 00For
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

9. Adoption of New Memorandum of Association

No official resultsCORPORATE GOVERNANCE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 15 asset managers

The 15 asset managers below reported 3,626,872 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,626,872
Largest asset managers voting on “Adoption of New Memorandum of Association” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
Charles Schwab173,4560 00For
FINANCIAL INVESTORS TRUST92,0800 00For
Russell Investments41,5770 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
Vanguard27,8710 00For
John Hancock23,1330 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National13,4950 00For
Global X12,6160 00For
Six Circles Trust12,3490 00For
Krane Shares Trust1,5050 00For
Managed Account Series5920 00For
GPS Funds I3010 00For

10. Alteration of articles of association

No official resultsCORPORATE GOVERNANCE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: ALTERATION OF ARTICLES OF ASSOCIATION

The 12 asset managers below reported 3,391,927 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,391,927
Largest asset managers voting on “ALTERATION OF ARTICLES OF ASSOCIATION” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
FINANCIAL INVESTORS TRUST92,0800 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
John Hancock23,1330 00For
Vanguard20,5750 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National13,4950 00For
Six Circles Trust12,3490 00For
Krane Shares Trust1,5050 00For
Managed Account Series5920 00For
GPS Funds I3010 00For

11. Amendments to Articles

No official resultsCORPORATE GOVERNANCE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 4 asset managers

The 4 asset managers below reported 234,945 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 234,945
Largest asset managers voting on “Amendments to Articles” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab173,4560 00For
Russell Investments41,5770 00For
Global X12,6160 00For
Vanguard7,2960 00For

12. Accept Financial Statements and Statutory Reports

No official resultsCORPORATE GOVERNANCE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 7,272,037 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,272,037
Largest asset managers voting on “Accept Financial Statements and Statutory Reports” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan407,2930 00For
Legg Mason319,6670 00For
Allspring235,8200 00For
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS81,8630 00For
Dimensional64,1300 00For
Putnam57,3240 00For
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco26,4420 00For
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya19,8030 00For
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

13. Approve Dividend

No official resultsCAPITAL STRUCTURE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 7,272,037 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,272,037
Largest asset managers voting on “Approve Dividend” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan407,2930 00For
Legg Mason319,6670 00For
Allspring235,8200 00For
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS81,8630 00For
Dimensional64,1300 00For
Putnam57,3240 00For
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco26,4420 00For
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya19,8030 00For
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

14. Adoption of audited financial statements

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: ADOPTION OF AUDITED FINANCIAL STATEMENTS

The 12 asset managers below reported 3,391,927 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,391,927
Largest asset managers voting on “ADOPTION OF AUDITED FINANCIAL STATEMENTS” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
FINANCIAL INVESTORS TRUST92,0800 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
John Hancock23,1330 00For
Vanguard20,5750 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National13,4950 00For
Six Circles Trust12,3490 00For
Krane Shares Trust1,5050 00For
Managed Account Series5920 00For
GPS Funds I3010 00For

15. Declaration of dividend

No official resultsCAPITAL STRUCTURE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: DECLARATION OF DIVIDEND

The 12 asset managers below reported 3,391,927 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,391,927
Largest asset managers voting on “DECLARATION OF DIVIDEND” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
FINANCIAL INVESTORS TRUST92,0800 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
John Hancock23,1330 00For
Vanguard20,5750 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National13,4950 00For
Six Circles Trust12,3490 00For
Krane Shares Trust1,5050 00For
Managed Account Series5920 00For
GPS Funds I3010 00For

16. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 4 asset managers

The 4 asset managers below reported 234,945 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 234,945
Largest asset managers voting on “Accounts and Reports” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab173,4560 00For
Russell Investments41,5770 00For
Global X12,6160 00For
Vanguard7,2960 00For

17. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 4 asset managers

The 4 asset managers below reported 234,945 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 234,945
Largest asset managers voting on “Allocation of Profits/Dividends” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab173,4560 00For
Russell Investments41,5770 00For
Global X12,6160 00For
Vanguard7,2960 00For

18. Approve Material Related Party Transactions between the Company and The India Cements Limited

No official resultsCORPORATE GOVERNANCE

Meeting held May 30, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 7,064,964 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,064,964
Largest asset managers voting on “Approve Material Related Party Transactions between the Company and The India Cements Limited” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,801,3000 00For
Fidelity593,8970 00For
Principal545,2350 00For
State Street260,3400 00For
Legg Mason258,4390 00For
Allspring235,8200 00For
TIAA189,4710 00For
Franklin Templeton185,9760 00For
DRIEHAUS MUTUAL FUNDS185,0870 00For
Aberdeen175,9230 00For
WisdomTree122,2420 00For
Dimensional61,6500 00For
MATTHEWS INTERNATIONAL FUNDS55,6310 00For
American Century52,3060 00For
Perpetual Americas Funds Trust49,6950 00For
Putnam48,3550 00For
JPMorgan45,8360 00For
Northwestern Mutual34,6500 00For
Northern Trust30,1080 00For
Morgan Stanley25,3040 00For
Columbia Threadneedle22,0450 00For
Global Macro Absolute Return Advantage Portfolio15,8000 00For
Invesco11,6370 00For
Global Macro Capital Opportunities Portfolio11,0090 00For
HC CAPITAL TRUST6,9930 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

19. Material related party transactions between the company and the india cements limited, subsidiary of the company

No official resultsEXTRAORDINARY TRANSACTIONS

Meeting held May 30, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 10 asset managers

Description as filed by funds: MATERIAL RELATED PARTY TRANSACTIONS BETWEEN THE COMPANY AND THE INDIA CEMENTS LIMITED, SUBSIDIARY OF THE COMPANY

The 10 asset managers below reported 3,471,727 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,471,727
Largest asset managers voting on “MATERIAL RELATED PARTY TRANSACTIONS BETWEEN THE COMPANY AND THE INDIA CEMENTS LIMITED, SUBSIDIARY OF THE COMPA” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,902,3680 00For
BAILLIE GIFFORD FUNDS376,7000 00For
FINANCIAL INVESTORS TRUST84,3660 00For
AMANA MUTUAL FUNDS TRUST40,0000 00For
John Hancock24,8330 00For
Vanguard21,2180 00For
Jackson National11,8520 00For
MASTER INVESTMENT PORTFOLIO8,0280 00For
Krane Shares Trust2,0510 00For
Six Circles Trust3110 00For

20. Material Related Party Transactions (The India Cements Limited)

No official resultsCORPORATE GOVERNANCE

Meeting held May 30, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 5 asset managers

The 5 asset managers below reported 177,688 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 177,688
Largest asset managers voting on “Material Related Party Transactions (The India Cements Limited)” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab142,8680 00For
Global X19,3820 00For
Vanguard9,2940 00For
Russell Investments4,8480 00For
Venerable Variable Insurance Trust1,2960 00For

21. Approve Deloitte Haskins and Sells LLP as Joint Statutory Auditors and Authorize Board to Fix Their Remuneration

No official resultsAUDIT-RELATED

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 7,272,037 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,272,037
Largest asset managers voting on “Approve Deloitte Haskins and Sells LLP as Joint Statutory Auditors and Authorize Board to Fix Their Remunerati” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan407,2930 00For
Legg Mason319,6670 00For
Allspring235,8200 00For
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS81,8630 00For
Dimensional64,1300 00For
Putnam57,3240 00For
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco26,4420 00For
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya19,8030 00For
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

22. Approve Makarand M. Joshi & Co. as Secretarial Auditors and Authorize Board to Fix Their Remuneration

No official resultsAUDIT-RELATED

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 7,271,057 for, 980 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,271,057ABSTAIN: 980
Largest asset managers voting on “Approve Makarand M. Joshi & Co. as Secretarial Auditors and Authorize Board to Fix Their Remuneration” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan407,2930 00For
Legg Mason319,6670 00For
Allspring235,8200 00For
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS81,8630 00For
Dimensional64,1300 00For
Putnam57,3240 00For
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco26,4420 00For
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya19,8030 00For
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

23. Approve Remuneration of Cost Auditors

No official resultsCOMPENSATIONCORPORATE GOVERNANCE

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 7,272,037 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,272,037
Largest asset managers voting on “Approve Remuneration of Cost Auditors” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,867,4930 00For
Fidelity567,3680 00For
JPMorgan407,2930 00For
Legg Mason319,6670 00For
Allspring235,8200 00For
State Street229,5820 00For
Aberdeen217,9990 00For
TIAA215,5990 00For
DRIEHAUS MUTUAL FUNDS169,9370 00For
Franklin Templeton159,9880 00For
WisdomTree157,2280 00For
Perpetual Americas Funds Trust98,8680 00For
Principal86,6710 00For
Northwestern Mutual83,0150 00For
MATTHEWS INTERNATIONAL FUNDS81,8630 00For
Dimensional64,1300 00For
Putnam57,3240 00For
American Century52,3060 00For
Northern Trust27,3200 00For
Invesco26,4420 00For
Columbia Threadneedle23,9570 00For
Morgan Stanley23,0190 00For
Voya19,8030 00For
Thrivent16,3780 00For
AIG/SunAmerica14,1950 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

24. Appointment of secretarial auditor

No official resultsAUDIT-RELATED

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 15 asset managers

Description as filed by funds: APPOINTMENT OF SECRETARIAL AUDITOR

The 15 asset managers below reported 3,626,872 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,626,872
Largest asset managers voting on “APPOINTMENT OF SECRETARIAL AUDITOR” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
Charles Schwab173,4560 00For
FINANCIAL INVESTORS TRUST92,0800 00For
Russell Investments41,5770 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
Vanguard27,8710 00For
John Hancock23,1330 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National13,4950 00For
Global X12,6160 00For
Six Circles Trust12,3490 00For
Krane Shares Trust1,5050 00For
Managed Account Series5920 00For
GPS Funds I3010 00For

25. Appointment of statutory auditor

No official resultsAUDIT-RELATED

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: APPOINTMENT OF STATUTORY AUDITOR

The 12 asset managers below reported 3,391,927 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,391,927
Largest asset managers voting on “APPOINTMENT OF STATUTORY AUDITOR” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
FINANCIAL INVESTORS TRUST92,0800 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
John Hancock23,1330 00For
Vanguard20,5750 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National13,4950 00For
Six Circles Trust12,3490 00For
Krane Shares Trust1,5050 00For
Managed Account Series5920 00For
GPS Funds I3010 00For

26. Ratification of the remuneration of the cost auditors for the financial year ending 31ST March, 2026

No official resultsAUDIT-RELATED

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 12 asset managers

Description as filed by funds: RATIFICATION OF THE REMUNERATION OF THE COST AUDITORS FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2026

The 12 asset managers below reported 3,391,927 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 3,391,927
Largest asset managers voting on “RATIFICATION OF THE REMUNERATION OF THE COST AUDITORS FOR THE FINANCIAL YEAR ENDING 31ST MARCH, 2026” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock2,786,4710 00For
BAILLIE GIFFORD FUNDS392,8060 00For
FINANCIAL INVESTORS TRUST92,0800 00For
AMANA MUTUAL FUNDS TRUST31,0000 00For
John Hancock23,1330 00For
Vanguard20,5750 00For
MASTER INVESTMENT PORTFOLIO17,6200 00For
Jackson National13,4950 00For
Six Circles Trust12,3490 00For
Krane Shares Trust1,5050 00For
Managed Account Series5920 00For
GPS Funds I3010 00For

27. Appointment of Auditor and Authority to Set Fees

No official resultsAUDIT-RELATED

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 4 asset managers

The 4 asset managers below reported 234,945 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 234,945
Largest asset managers voting on “Appointment of Auditor and Authority to Set Fees” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab173,4560 00For
Russell Investments41,5770 00For
Global X12,6160 00For
Vanguard7,2960 00For

28. Approve Payment of Fees to Cost Auditors

No official resultsAUDIT-RELATED

Meeting held August 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 4 asset managers

The 4 asset managers below reported 234,945 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 234,945
Largest asset managers voting on “Approve Payment of Fees to Cost Auditors” at UltraTech Cement Ltd., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab173,4560 00For
Russell Investments41,5770 00For
Global X12,6160 00For
Vanguard7,2960 00For

Largest UltraTech Cement Ltd. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top UltraTech Cement Ltd. shareholders by shares voted on “Approve Material Related Party Transactions between the Company and The India Cements Limited”, 2025-2026
#Asset manager Shares voted
1Vanguard 3,801,300
2Fidelity 593,897
3Principal 545,235
4State Street 260,340
5Legg Mason 258,439
6Allspring 235,820
7TIAA 189,471
8Franklin Templeton 185,976
9DRIEHAUS MUTUAL FUNDS 185,087
10Aberdeen 175,923

Shown as share counts, not percentages: no shares-outstanding figure has been matched to UltraTech Cement Ltd. for the 2025-2026 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

UltraTech Cement Ltd. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “UltraTech Cement Ltd. 2025-2026 Annual & Special Meetings”, https://proxyvotesnow.com/company/ultratech-cement-ltd/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.