Deccan Cements Ltd. — Major Shareholding Notification 2026

May 5, 2026

04^{\mathrm{th}}
May 2026

To,

General Manager,
Department of Corporate Services,
14th Floor, Bombay Stock Exchange Ltd.
Phiroze Jeejeebhoy Towers, Dalal Street
Mumbai - 400 001.

DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011

1. Name of the Target Company (TC)	Deccan Cements Ltd
2. Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Ricky Kirpalani
PAC:
(i) Haresh Keswani
(ii) K2 Family Private Trust through its Trustee Vistra ITCL (India) Limited
(iii) Sarina Ricky Kirpalani
(iv) Poonam Kirpalani
(v) Rushil Kirpalani
(vi) First Water Fund
(vii) First Water Capital Fund
(viii) First Water Capital Fund – II
3. Whether the acquirer belongs to Promoter/Promoter group	No
4. Name(s) of the Stock Exchange(s) where the shares of TC are Listed	National Stock Exchange (NSE)
Bombay Stock Exchange (BSE)
5. Details of the acquisition / disposal/holding of shares/voting rights/holding of the Acquirer and PAC	Number	% w.r.t. total share/voting capital wherever applicable	% w.r.t. total diluted share/voting capital of the TC (*)

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Before the acquisition/disposal under consideration, holding of:
a) Shares carrying voting rights (as on 16^{th} July 2025)	13,05,773	9.32%	—
b) Voting rights (VR) otherwise than by equity shares
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)
Total (a+b+c)	13,05,773	9.32%	—
Details of acquisition
a) Shares carrying voting rights acquired	2,81,285	2.01%	—
b) VRs acquired otherwise than by equity shares
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold
Total (a+b+c)	2,81,285	2.01%	—
After the disposal, holding of:
a) Shares carrying voting rights	15,87,058	11.33%	—
b) VRs otherwise than by equity shares
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition
Total (a+b+c)	15,87,058	11.33%	—
6. Mode of acquisition/sale (e.g. open market / off-market / public issue / rights issue /preferential allotment / inter-se transfer etc.)	Open Market

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7. Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	From 17.07.2025 to 30.04.2026
8. Equity shares capital / total voting capital of the TC before the said acquisition	Rs 7,00,37,500
9. Equity shares capital/ total voting capital of the TC after the said acquisition	Rs 7,00,37,500
10. Total diluted share/voting capital of the TC after the said acquisition	1,40,07,500 Shares

For Ricky Kirpalani

Place: Mumbai

Date: 04th May, 2026