Niraj Cement Structurals Limited — Capital/Financing Update 2024

Dec 17, 2024

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Dated: 17[th] December, 2024

To,

The Corporate Relations Department. National Stock Exchange of India Limited BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East Mumbai-400001 Mumbai 400 051 Script Code: 532986 Script Symbol : NIRAJ

Dear Sir/Madam,

Sub: Intimation of receipt of In-principle Approval for Preferential Issue of Shares & Warrants from National Stock Exchange of India Limited (NSE) pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015

Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, we wish to inform that National Stock Exchange of India Limited (NSE) vide their letter(s) dated December 17, 2024 having reference no. NSE/LIST/44118 has granted in-principle approval under Regulation 28(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, for:

• Issue of 1,22,50,000 Equity Shares of face value of Rs.10/- (Rupees Ten only) each, for Issue price of Rs. 53/- on Private Placement basis to non- promoters on a preferential basis.

• Issue of 1,25,00,000 Warrants convertible into 1,25,00,000 equity shares of face value of Rs.10/- (Rupees Ten only) each, for Issue price of Rs. 53/- on Private Placement basis to Promoters and Non- Promoters on a preferential basis.

The letters received from the National Stock Exchange of India Limited (NSE) is attached herewith.

Kindly take a note of the same.

Thanking you, Yours Faithfully, For Niraj Cement Structurals Limited

ANIL Digitally signed by ANANT ANIL ANANT JHA Date: 2024.12.17 JHA 20:30:30 +05'30' Anil Anant Jha Company Secretary & Compliance Officer ACS: 66063

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Ref: NSE/LIST/44118

December 17, 2024

The Company Secretary Niraj Cement Structurals Limited Niraj House, Sunder Baug, Near Deonar Bus Depot, Chembur (East), Mumbai- 400088.

Kind Attn: Mr. Anil Jha

Dear Sir,

Sub: In - Principle approval under Regulation 28(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

We are in receipt of your application regarding In-principle approval for issue of 12250000 Equity shares of Rs. 10/- each to be allotted & 12500000 Equity shares of Rs. 10/- each to be allotted pursuant to conversion of warrants to be issued on Preferential Basis in terms of Regulation 28(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. In this regard, the Exchange is pleased to grant in-principle approval for the said issue subject to the Company fulfilling the following conditions:

1. Filing the listing application at the earliest from the date of allotment.

2. Receipt of statutory and other approvals and compliance of guidelines/regulations issued by the statutory authorities including SEBI, RBI, MCA, etc.

3. Compliance with all the applicable guidelines, regulations, directions of the Exchange or any statutory authorities as on the date of listing application.

4. Compliance of all conditions as per the SEBI (LODR) Regulations, 2015 as on date of listing, Companies Act, 1956 / Companies Act, 2013 and other applicable laws.

5. Submissions of documents as may be required by NSE and payment of applicable fees.

Further, the company is advised to strengthen internal controls (to monitor trades being executed by the proposed allottees in the scrip of the company) before allotment of securities in order to avoid any non-compliances in respect of trades being executed by the allottees in contravention of provisions of Chapter V of SEBI (ICDR) Regulations. In this regard,

• a) Company is advised to obtain an undertaking from the allottee(s) confirming that they shall not do intra-day trading in the scrip of the company or any sale in the scrip of the company till the allotment date of the security as required under SEBI (ICDR) Regulations.

• b) The company may note that the responsibility/onus is solely on the Issuer company to verify the above (a) and ensure compliance with applicable provisions including Regulation 167(6) of SEBI ICDR regulations, 2018.

• c) The company may also note that any non-compliance, if observed by the exchanges post the undertaking and verification by the Issuer company may impact the listing of such shares .

“Kindly note, this Exchange letter should not be construed as approval under any other Act /Regulation/rule/bye laws (except as referred above) for which the Company may be required to obtain approval from other department(s) of the Exchange. The Company is requested to separately take up matter with the concerned departments for approval, if any.”

This Document is Digitally Signed

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Signer: KHYATI NANDAN VIDWANS Date: Tue, Dec 17, 2024 19: 10 1:14 IST Location: NSE

Non-Confidential

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The Exchange reserves its right to withdraw its in-principle approval at a later stage if the information submitted to the Exchange is found to be incomplete/incorrect/misleading/false or in contravention of any Rules, Bye-laws and Regulations of the Exchange, SEBI (LODR) Regulations, 2015, Guidelines/ Regulations issued by statutory authorities, etc.

Yours faithfully,

For National Stock Exchange of India Limited

Khyati Vidwans Senior Manager

Cc:

1. National Securities Depository Limited

2. Central Depository Services Limited

P.S. Checklist of all the further issues is available on website of the exchange at the following URL: https://www.nseindia.com/companies-listing/raising-capital-further-issues-mainsme-checklist

This Document is Digitally Signed

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Signer: KHYATI NANDAN VIDWANS Date: Tue, Dec 17, 2024 19: 10 1:14 IST Location: NSE

Non-Confidential