Saurashtra Cement Limited — Board/Management Information 2021

Nov 26, 2021

Ref: B/SCL/SE/SS/62/2021-22 November 26, 2021

Corporate Relationship Manager, BSE Limited, 1* Floor, New Trading Ring, Rotunda Bldg, P.J. Tower, Dalal Street, Mumbai 400001

Stock Code No: 502175

Dear Sir, Madam,

Sub : Outcome of Board Meeting held today i.e., 26 November 2021 pursuant to Regulation ³⁰ read _ with Part A of Schedule Ill of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

Further to our letter No. B/SCL/SE/SS/60/2021-22 dated November 23, 2021 and pursuant to the Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at its meeting held today i.e. Friday the 26" November 2021 have approved the delegation of authority to the Executive Vice Chairman and Managing Director for appointment of Consultants, Merchant Bankers / Other Intermediaries etc, for ascertaining the feasibility of amalgamation/merger of Saurashtra Cement Limited and Gujarat Sidhee Cement Limited in accordance with applicable laws.

Kindly take the same on your record and acknowledge.

Thanking you,

Yours faithfully For Saurashtra Cement Limited

Li ol | - 5 ali Sanas

President (CS, Legal & Strategy)