Saurashtra Cement Limited — Capital/Financing Update 2021

Feb 9, 2021

O- an - ~ —— ' em Corporate Office saurashtra Cement Limited 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 GIN : L26941GJ1956PLC000840

Ref: B/SCL/SE/SS/20-21 9" February 2021

Corporate Relationship Manager Bombay Stock Exchange Limited 1* Floor, New Trading Ring, Rotunda Bldg., P.J. Tower, Dalal Street, Mumbai 400 001

Stock Code No: 502175

Dear Sir,

Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

The Board of Directors at its meeting held today have in-principle decided to invest upto the tune of Rs 100 Crores in various projects under the building /finishing material portfolio such as Indoor cement tiles, Paints, Construction Chemicals, etc .

The Board have authorised Executive Vice Chairman and/or Managing Director to identify opportunities for growth and diversification and negotiate the terms for acquisition of assets / business and Capital Expenditure. The final terms of investing in any new project / business under the building / finishing material portfolio shall be subject to the approval of the Board.

Please take note of the same.

Thanking you,

Yours faithfully, For Saurashtra Cement Limited

Sonali ge" ;2 Sanas 2020200530"

Sonali Sanas Sr. Vice President (Legal) & Company Secretary

Regd. Office & Works Near Railway Station, Ranavav 360 560 Guiarat, India