Andhra Cement Ltd. — Capital/Financing Update 2024

Jan 24, 2024

ANDHRA CEMENTS LIMITED �f41 • Subsidiary of SAGAR CEMENTS LIMITED it ♦

Ref. ACL.SE:2024

th 24 January, 2024

The Manager The Manager Listing Department Listing Department National Stock Exchange of India Ltd BSE Limited th Exchange Plaza, C-1, G-Block 25 Floor, New Trading Ring, Bandra-Kurla Complex, Sandra (E), P J Towers, Dalal Street, Fort Mumbai - 400051 Mumbai - 400 001 NSE Symbol: ACL BSE Scrip Code - 532141

Dear Sirs,

Sub: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015-Reg

Pursuant to Regulation 30 read with Part A of Schedule Ill of SEBI (LODR) Regulation 2015, we wish to inform you that the Board of Directors at its meeting held on today, i.e 24th January, 2024 considered and approved a proposal to enhance the Clinker manufacturing capacity from 1.65 MTPA to 2.3 MTPAand also the Cement grinding capacity from 1.82 MTPA to 3 MTPA at our Durga Cement Works Plant, in Andhra Pradesh, the details of which are given in the Annexure.

This is for your kind information and records.

Thanking you,

==> picture [182 x 89] intentionally omitted <==

----- Start of picture text ----- Yours truly,For ANDHRA CEMENTG. TIRUPATI RAOCOMPANY SECRETARY----- End of picture text -----

Encl: Annexure

Regd. Office & Works : Durga Cement Works, Durgapuram, Srinagar Post, Dachepalli Mandal, Palnadu District. AP • 522414.

Phone: +91 8649-257441 / 42 I Fax: +91 8649-257428

Vizag Unit : Visakha Cement Works, Parlupalem Village, Durganagar Post. Visakhapatnam - 530029, AP. Corporate Office : Plot No. I I I, Road No. I 0,Jubilee Hills, Hyderabad - 500033,Telangana, India. Phone : +91-40-23351571, 23356572 Fax: +91-40-23356573

Website: www.andhracements.com I E-mail: investorcell@andhracements.com I CIN: L26942APl936PLC002379 I GSTIN: 37 AABCA9263D2ZQ

Subsidiary of SAGAR CEMENTS LIMITED

==> picture [39 x 32] intentionally omitted <==

----- Start of picture text ----- it ♦ ti----- End of picture text -----

Annexure

Disclosure under Regulation 30 - Para B of Part A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

Proposed expansion of the Clinker & Cement Grinding Capacities at Durga Cement Works plant in Andhra Pradesh.

==> picture [415 x 221] intentionally omitted <==

----- Start of picture text ----- Particulars Detailsa) Existing Clinker Capacity 1.65 MTPAExisting Cement Grinding Capacity 1.82 MTPAb) Existing Capacity utilization 40%c) Proposed Clinker Capacity addition 0.65 MTPAProposed Clinker Capacity addition 1.18 MTPAd) Period within which the proposed capacity is to be 2 yearsaddede) Investment required Rs. 470.69 Croresf) Mode of Financing Equity & Internal Accrualsand Long Term LoansRationale To optimize the Cost ofProduction and to meet theraising demand as well as toconsolidate market share inthe southern region.g)----- End of picture text -----

==> picture [77 x 78] intentionally omitted <==

Regd. Office & Works : Durga Cement Works, Durgapuram, Srinagar Post, Dachepalli Manda!, Palnadu District, A.P - 522414. Phone: +91 8649-257441 / 42 I Fax: +91 8649-257428 Vizag Unit: Visakha Cement Works, Parlupalem Village, Durganagar Post, Visakhapacnam - 530029, A.P. Corporate Office : Plot No. I I I, Road No. I 0, Jubilee Hills, Hyderabad - 500033, Telangana, India. Phone: +91-40-23351571, 23356572 Fax : +91-40-23356573 Website: www.andhracements.com I E-mail: invescorcell@andhracemencs.com I CIN: L26942AP1936PLC002379 I GSTIN: 37 AABCA9263D2ZQ