Ambuja Cements Ltd. — Major Shareholding Notification 2024

Apr 24, 2024

Deutsche Bank

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Date: 23 Apr 2024

Deutsche Bank AG (Hong Kong) L60 International Commerce Center 1 Austin Road West Kowloon Hong Kong SAR Tel + 852 2203 2100

BSE Limited 25th Floor, P. J. Towers, Dalal Street, Mumbai, Maharashtra – 400001, India	National Stock Exchange of India Limited Exchange Plaza, C-1, Block G. Bandra Kurla Complex, Bandra, East, Mumbai, Maharashtra – 400051, India	Ambuja Cements Limited Adani Corporate House, Shantigram, Near Vaishnav Devi Circle, S. G. Highway, Khodiyar Ahmedabad, Gujarat 382421, India

Dear Sir/ Madam,

Sub: Disclosure pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in relation to Ambuja Cements Limited

With reference to the disclosure filed by Ambuja Cements Limited (TC) dated 17th April 2024, the subscribed and paid-up capital of TC has changed following the allotment of equity shares upon conversion of warrants.

As per Regulation 29(2) of the Takeover Code, if the holding of the shareholder remains the same but the percentage shareholding of the shareholder changes due to any corporate action such as buyback or preferential allotment, no disclosure is required; however, this disclosure (as set out in Annexure A ) is being filed as DB’s holding as of 19 April 2024 is 619,496 shares of the TC pursuant to sale of 1,800 shares of the TC.

Yours faithfully,

Signature of the Authorized Signatory

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Name: RAMANATHAPURA, Prasanna Venkatesha Murthy Manu Designation: Vice President Place: Deutsche Bank AG, Hong Kong Branch Date: 23 Apr 2024

Chairman of the Supervisory Board: Alexander R. Wynaendts.

Management Board: Christian Sewing (Chairman), James von Moltke, Karl von Rohr, Fabrizio Campelli, Bernd Leukert, Alexander von zur Mühlen, Claudio de Sanctis, Rebecca Short, Stefan Simon, Olivier Vigneron. Deutsche Bank Aktiengesellschaft domiciled in Frankfurt am Main; Local Court of Frankfurt am Main, HRB No 30 000; VAT ID No DE114103379; www.db.com

Annexure A

Disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers)

		Regulations, 2011	Regulations, 2011	Regulations, 2011	Regulations, 2011
Name of the Target Company (TC)			Ambuja Cements Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer			DWS Investment GmbH, DWS International GmbH, DBX Advisors LLC, Deutsche Bank AG, Hong Kong Branch (as security agent)
Whether the acquirer belongs to Promoter/ Promoter group			No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed			BSE Limited National Stock Exchange of India		Limited
Details of the acquisition/ disposal as follows			Number	% w.r.t. total share/ voting capital wherever applicable (*)	% w.r.t. total diluted share/ voting capital of the TC (**)
Before the acquisition under consideration, holding of: a) Share carrying voting rights b) Shares in the nature of encumbrance (~~pledge/~~ ~~lien/~~ ~~non-disposal~~ ~~undertaking/o~~thers) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d)			621,296 1,253,858,803 NIL NIL 1,254,480,099	0.03 50.91 NIL NIL 50.93	0.03 50.91 NIL NIL 50.93
Details a) b)	of acquisition/ sale: Shares carrying voting rights acquired/ sold VRs acquired/ sold otherwise than by shares		-1,800 NIL	0.00 NIL	0.00 NIL

c) Warrants/ convertible securities/ any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/ sold d) Shares encumbered/ involved/ released by the acquirer e) Total (a+b+c+/-d)	NIL NIL -1,800	NIL NIL 0.00	NIL NIL 0.00
After the acquisition/ sale, holding of: a) Shares carrying voting rights b) Shares encumbered with the acquirer c) VRs otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d)	619,496 1,253,858,803 NIL NIL 1,254,478,299	0.03 50.91 NIL NIL 50.93	0.03 50.91 NIL NIL 50.93
Mode of acquisition/ sale (e.g. open market / off- market/ public issue / rights issue / preferential allotment / inter-se transfer/encumbrance, etc.)	open market
Date of acquisition of/ sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	19 April 2024
Equity share capital / total voting capital of the TC before the said acquisition/ sale	2,463,123,478 equity shares of INR 2 each
Equity share capital/ total voting capital of the TC after the said acquisition/ sale	2,463,123,478 equity shares of INR 2 each
Total diluted share/voting capital of the TC after the said acquisition	2,463,123,478 equity shares of INR 2 each

Note

With reference to the disclosure filed by TC dated 17th April 2024, the subscribed and paid-up capital of TC has changed following the allotment of equity shares upon conversion of warrants.

As per Regulation 29(2) of the Takeover Code, if the holding of the shareholder remains the same but the percentage shareholding of the shareholder changes due to any corporate action such as buyback or

preferential allotment, no disclosure is required; however this disclosure is being filed as DB’s holding as of 19 April 2024 is 619,496 shares of the TC pursuant to sale of 1,800 shares of the TC.

Yours faithfully,

Signature of the Authorized Signatory

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Name: RAMANATHAPURA, Prasanna Venkatesha Murthy Manu Designation: Vice President Place: Deutsche Bank AG, Hong Kong Branch Date: 23 April 2024

Note:

• (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

• (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.