Cemindia Projects Limited - Capital/Financing Update 2025

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Date: April 2, 2025

To, BSE Limited Phiroze Jeejeeboy Towers Dalal Street, Fort, Mumbai- 400 001 Scrip Code: 509496

National Stock Exchange of India Limited

Listing Department Exchange Plaza, C-1, Block ‘G’ Bandra-Kurla Complex Bandra (East), Mumbai 400 051 Scrip Code: ITD CEM

Dear Sir / Madam,

Sub: Open offer for acquisition of up to 4,46,64,772 (Four Crore Forty Six Lakh Sixty Four Thousand Seven Hundred and Seventy Two) fully paid-up equity shares of face value of INR 1 (Indian Rupee One only) each (the “Equity Shares”) of ITD Cementation India Limited (the “Target Company”) by Renew Exim DMCC (the “Acquirer”), in compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (the “SEBI (SAST) Regulations”) (the “Open Offer”).

Please note that in relation to the Open Offer 1,513,232 Equity Shares, constituting to 3.39% of the Offer Size, have been tendered in the Open Offer Escrow Demat Account namely “LIIPL ITD CEMENTATION INDIA OPEN OFFER ESCROW” opened with Ventura Securities Limited bearing depository participant identification number IN303116 and the client identification number 15245978 (PAN: AAACT1426A), as per Open Offer Escrow Demat Account statement received by the Manager to the Open Offer from Ventura Securities Limited, as at 17:06:11 on April 2, 2025.

It is expressly clarified that the above disclosure reflects the Equity Shares in dematerialized form tendered by the Public Shareholders in the Open Offer Escrow Demat Account as per the Open Offer Escrow Demat Account Statement received by the Manager to the Open Offer from Ventura Securities Limited.

For avoidance of doubt, the Equity Shares tendered by the Public Shareholders shall be subject to validation and verification of submission of complete set of documents, as applicable. The Equity Shares “validly tendered” in the Open Offer shall be accepted in accordance with the SEBI(SAST) Regulations and the Letter of Offer dated March 18, 2025 (“LoF”).

The above mentioned number of the Equity Shares tendered by the Public Shareholders may differ from the number of the Equity Shares which will be accepted by the Acquirer in the Open Offer. Capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the LoF.

We request you to kindly disseminate the aforementioned information on your website.

Yours Truly,

Thanking You,

For, ICICI Securities Limited

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Authorised Signature

SEBI Registration : INM000011179 CIN No.: L67120MH1995PLC086241

ICICI Securities Limited Registered Office: ICICI Venture House Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025, India Tel (91 22) 6807 7100 Fax (91 22) 6807 7801

Website Address: www.icicisecurities.com