Saurashtra Cement Limited — Board/Management Information 2021

Nov 23, 2021

Saurashtra Cement Limited Carporate Office

N K Mehta International House, 2nd Floor, 178 Backbay Reclamation, Mumbai 400 020 T +91 22 6636 5444 F +91 22 6636 5445 E scl-mum@mehtagroup.com CIN : L26941GJ1956PLC000840

Ref: B/SCL/SE/SS/60/2021-22 November 23, 2021

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

Stock Code No: 502175

Dear Sir, Madam,

Sub: Intimation of Board Meeting and Closure of Trading Window

This is to inform you that a Board Meeting of the Company is convened on Friday the 26 November 2021 to consider the delegation of authority 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.

In view of the above and pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time and as per the clarification given by BSE Limited vide Circular no. LIST/COMP/01/2019-20 and pursuant to the Company's Code of Conduct for Prohibition of Insider Trading (Code), the Trading Window for dealing in securities of the Company will remain closed from tomorrow, November 24, 2021 till further Notice.

Accordingly, all the Designated Persons as per the Company's amended Code of Conduct for Prohibition of Insider Trading have been intimated not to deal in Equity Shares of the Company during the stated period as per the Code. However, the employees who have been granted options under ESOS 2017 can exercise options during the closure of Trading Window.

Kindly take the same on your record and acknowledge.

Thanking you, Yours faithfully For Saurashtra Cement Limited

Sonali Sanas President (CS, Legal & Strategy)

Regd. Office & Works Near Railway Station, Ranavav 360 560 Gujarat, india