Ambuja Cements Ltd. — Major Shareholding Notification 2025

Apr 22, 2025

==> picture [55 x 24] intentionally omitted <==

==> picture [63 x 45] intentionally omitted <==

April 22, 2025

To

National Stock Exchange of India Limited Scrip Code: AMBUJACEM

BSE Limited Luxembourg Stock Exchange Scrip Code: 500425 Code: US02336R2004

Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – (a) acquisition of 7,76,49,413 equity shares constituting 37.79% of the existing share capital of Orient Cement Limited; (b) acquisition of 1,82,23,750 equity shares constituting 8.87% of the existing share capital of Orient Cement Limited

Ref: Our Intimation dated October 22, 2024

Dear Sir/ Madam,

We, vide our letter dated October 22, 2024, had informed to the Stock Exchanges that the board of directors of Ambuja Cements Limited (“ Company ”) at their meeting held on October 22, 2024 approved the: (a) execution of a Share Purchase Agreement (“ SPA 1 ”) for the acquisition of 7,76,49,413 equity shares constituting 37.90% of then share capital of Orient Cement Limited (“ OCL ”); (b) execution of a Share Purchase Agreement (“ SPA 2 ”, and collectively with SPA 1, “ SPAs ”) for the acquisition of 1,82,23,750 equity shares constituting 8.90% of then share capital of OCL; and (c) open offer for up to 5,34,19,567 equity shares, constituting 26% of the Expanded Share Capital (as defined under the offer documents in relation to the open offer), at a price of Rs. 395.40 per equity share from the public shareholders of OCL (“ Open Offer ”).

As per the disclosure made by OCL dated April 13, 2025, OCL has allotted 3,49,976 fully paid-up equity shares of Re. 1/- each, pursuant to exercise of employee stock options under the Orient Cement Limited Employees Stock Option Scheme 2015. Consequently, the paid-up share capital of OCL has increased from Rs. 20,51,09,897 divided into 20,51,09,897 equity shares having face value of Re.1/- each to Rs. 20,54,59,873 divided into 20,54,59,873 equity shares having face value of Rs. 1/- each.

In this regard, we would like to further inform that the Company has completed the acquisition of 9,58,73,163 equity shares constituting 46.66% of the existing share capital of OCL pursuant to the SPAs.

The Company will undertake necessary actions in compliance with its obligations under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in relation to the Open Offer.

Ambuja Cements Limited Registered Office: Adani Corporate House Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India Ph +91 79-2656 5555 www.ambujacement.com CIN: L26942GJ1981PLC004717

==> picture [55 x 24] intentionally omitted <==

==> picture [63 x 45] intentionally omitted <==

You are requested to take the same on your record.

Thanking you,

Yours faithfully, For Ambuja Cements Limited

Manish Digitally signed by Manish Vinodchandra Vinodchandra Mistry Date: 2025.04.22 19:39:31 Mistry +05'30' Manish Mistry Company Secretary & Compliance Officer

Ambuja Cements Limited Registered Office: Adani Corporate House Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India Ph +91 79-2656 5555 www.ambujacement.com CIN: L26942GJ1981PLC004717