UltraTech Cement has restricted its capital expenditure plans for this fiscal to Rs.10 bn due to COVID-19 disruptions, as conserving its cash position has become a priority for the company this year. In a regulatory filing, the Aditya Birla Group firm said the capital and financial resources of the company remain entirely protected in spite of the adverse impact on its sales during the first two phases of the lockdown, and the liquidity position remains adequately covered. The company noted that work on the 2.2 mn tonne Cuttack grinding unit in Odisha, which was scheduled for commissioning in March 2021, has been slowed down.Contact: Rattnam Mehrotra, Head-Sales & Marketing, UltraTech Cement.  Address: Ahura Centre, B Wing, 2nd Floor, Mahakali Caves Rd, Andheri East, Mumbai, Maharashtra-400 093.Tel: 022-6691 7800. E-mail: ultratech.care@adityabirla.comWebsite: www.ultratechcement.com