Ambuja Cements Ltd. — Capital/Financing Update 2020

May 12, 2020

Ambuja Cement

ACL:SEC:

12[th] May, 2020

Bombay Stock Exchange Limited	National Stock Exchange of India
Phiroz Jeejeebhoy Towers,	Ltd.,
Dalal Street, Mumbai – 400 023	Plot No.C/1 'G' Block
Scrip Code: 500425	Bandra – Kurla Complex
	Bandra East, Mumbai 400 051
	Scrip Code: AMBUJACEM
Deutsche Bank	Societe de la Bourse de Luxembourg,
Trust Company Americas	Avenue de la Porte Neuve
Winchester House	L-2011 Luxembourg,
1 Great Winchester Street	B.P 165
London EC2N 2DB,	"Luxembourg Stock Ex-Group ID "
Ctas Documents	<ost@bourse.lu
<ctas.documents@db.com

Dear Sirs,

Sub: Intimation under Listing Regulations 2015 – Outcome of Board Meeting

This is to inform you that the Board of Directors of the Company at its meeting held today i.e. on 12[th] May, 2020 which commenced at 2.00 PM and concluded at 2.30 PM has considered and approved the following:

• (i) recall of the recommendation for payment of Final Dividend for the year ended December 31, 2019 due to significant delay in holding the 37[th] AGM of the Company due to the spread of coronavirus (Covid-19) pandemic and nation level lockdown; and

• (ii) Payment of Interim Dividend at the rate of INR 1.50 per equity share ( i.e. 75% ) on equity shares of INR 2 each (fully paid-up) for the year ended December 31, 2019 (Interim Dividend 2019) which is at the same rate as recommended by the Board as Final Dividend for the approval by the Shareholders at the 37[th] Annual General Meeting (“ AGM ”) of the Company;

Further, as informed earlier vide our intimation under Regulation 42 of SEBI LODR dated May 6, 2020, the Board of Directors have fixed Wednesday, May 20, 2020 as the Record Date for the purpose of determining the entitlement of Interim Dividend 2019. Accordingly, the interim dividend will be paid to those members whose names appear in the Register of Members or in the records of the Depositories as beneficial owners of the shares of the Company as on the record date, i.e. Wednesday, May 20, 2020 , within 30 days from the date of meeting. Further, the interim dividend shall be paid to the eligible shareholders on and from Thursday, May 28, 2020 . In case the current Covid-19 lockdown scenario gets extended, the physical warrants/demand drafts, (for shareholders who have not registered their bank mandate with the Company), will be printed and dispatched post removal of the said lockdown.

AMBUJA CEMENTS LIMITED

Elegant Business Park, MIDC Cross Road B, Andheri (e) Mumbai – 400059 Tel 022: 40667000, Website: www.ambujacement.com Regd off: P.O. Ambujanagar, Tal Kodinar Dist Gir Somnath Gujarat CIN: L26942GJ1981PLC004717

Ambuja Cement

Furthermore, the revised Notice of the 37[th] AGM will be issued to the shareholders in due course when the Company will be in a position to organise the AGM.

You are requested to take note of the above and arrange to bring the above to the notice of all concerned.

Thanking you,

Yours faithfully,

For AMBUJA CEMENTS LIMITED

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RAJIV GANDHI COMPANY SECRETARY Membership No A11263

AMBUJA CEMENTS LIMITED

Elegant Business Park, MIDC Cross Road B, Andheri (e) Mumbai – 400059 Tel 022: 40667000, Website: www.ambujacement.com Regd off: P.O. Ambujanagar, Tal Kodinar Dist Gir Somnath Gujarat CIN: L26942GJ1981PLC004717