Udaipur Cement Works Limited announced that further to letter dated 16th March 2022 informing about allotment of INR 3,500 Guaranteed Rated Secured Unlisted Non-convertible debentures of face value of INR 1,000,000 each aggregating to 3,500,000,000 ("NCDs) to Standard Chartered Bank on private placement basis, the company informed that the Company has on 28th October 2022 has fully redeemed the aforesaid NCDs along with interest accrued thereon.