Ambuja Cements Ltd. — Regulatory Filings 2025

Apr 29, 2025

[th] April 2025

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National Stock Exchange of India BSE Limited Luxembourg Stock Limited Exchange Scrip Code: AMBUJACEM Scrip Code: 500425 Code: US02336R2004

Sub.: Submission of Statement of deviation(s) or variation(s) pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/ Madam,

With reference to the above captioned subject, we wish to confirm that there are no deviation(s) or variation(s) in the use of proceeds of preferential issue of equity shares (on conversion of warrants) pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended on March 31, 2025. A statement in this regard, duly reviewed by the Audit Committee of the Company at its meeting held today i.e., Tuesday, 29[th] April 2025, is enclosed.

You are requested to take note of the same.

Yours faithfully,

For Ambuja Cements Limited

Manish Digitally signed by Manish Vinodchandra Vinodchandra Mistry Date: 2025.04.29 13:29:12 Mistry +05'30' Manish Mistry Company Secretary & Compliance Officer

Encl.: as above

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

STATEMENT OF DEVIATION/ VARIATION IN UTILISATION OF FUNDS RAISED THROUGH PREFERENTIAL ISSUE, FOR THE QUARTER ENDED 31ST MARCH 2025

Name of listed entity		Ambuja Cements Limited	Ambuja Cements Limited	Ambuja Cements Limited
Mode of Fund Raising		Preferential Issue
Date of Raising Funds		17th April 2024*
Amount Raised		Rs 15000.046 Crores
Report filed for the quarter ended		March 31, 2025
Monitoring Agency		Not Applicable
Monitoring Agency Name, if applicable		Not Applicable
Is there a Deviation / Variation in use of funds		Not Applicable
If yes, whether the same is pursuant to		Not Applicable
change in terms of a contract or objects,
which was approved by the shareholders
If Yes, Date of shareholder Approval		Not Applicable
Explanation for the Deviation / Variation		Not Applicable
Comments of the Audit Committee after		No Comments
Comments of the auditors, if any		No Comments
Objects for which funds have been raised	and where there has been		a deviation, in		the following table
									Amount of
Original Object		Modified Object, if any		Original Allocation		Modified allocation, if any		Funds Utilised till March 31, 2025	Deviation/Variatio n for the quarter according to applicable	Remarks if any*
									object
Capital expenditures, de-bottlenecking		--------	Rs 15000.046			--------	Rs 11362.69		Nil	-----
capital expenditure, logistics			Crores					Crore
infrastructure, digitizing logistics,
1 optimizing plants to accelerate ESG compliance, acquisitions, consolidation,
working capital requirements, investment
in technology and for general corporate
purpose

• The Company raised funds in two tranches, i.e. Rs. 6660.946 crores as a part of Tranche-1 on 28th March, 2024 and Rs. 8339.099 Crores as a part of Tranche -2 on 17th April, 2024.

Deviation or variation could mean:

(a) Deviation in the objects or purposes for which the funds have been raised or

(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or

(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc

Name of Signatory : Designation: Membership No.: Place :

Manish Digitally signed Manish Mistry Vinodcha by Manish Vinodchandra Company Secretary & Compliance Officer ndra Mistry FCS-8373 Date: 2025.04.29 Mistry 13:29:27 +05'30' Ahmedabad