UltraTech Cement Limited announced that Mrs. Renuka Ramnath, independent director has by her letter dated 21st October, 2019 informed the Board of Directors about her decision to step down from the Company's Board. Commitments to her business venture, viz. Multiples, is at a very important juncture which does not allow her to spare adequate time to be involved as a committed Board Member outside of her investments and therefore the decision to step down.