Shree Cements Ltd. — AGM Information 2023

Jul 26, 2023

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SCL/BWR/2023-24/ 26[th] July, 2023

– FAX NO. 022 26598237 / 26598238 Email : cmlist@nse.co.in National Stock Exchange of India Limited, Exchange Plaza, Bandra – Kurla Complex, Bandra (East) MUMBAI – 400 051 SCRIP CODE: SHREECEM EQ

FAX NO. 022-22722041 / 22722061 Email: corp.relations@bseindia.com BSE Ltd. Phiroze Jeejeebhoy Towers, 25[th] Floor, Dalal Street, MUMBAI – 400 023 SCRIP CODE 500387

Re: Summary of Proceedings of the 44[th] Annual General Meeting (AGM) of the Company

Dear Sirs,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith the Summary of Proceedings of the 44[th] Annual General Meeting (AGM) of the Company held on Wednesday, 26[th] July, 2023 at 11.00 AM at Registered office of the Company.

Kindly take the same on record.

Thanking you,

Yours faithfully, For SHREE CEMENT LIMITED

SHYAM SUNDER Digitally signed by SHYAM SUNDER KHANDELWAL KHANDELWAL Date: 2023.07.26 14:57:22 +05'30'

(S.S. KHANDELWAL)

COMPANY SECRETARY

Encl.: as above

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PROCEEDINGS OF THE 44[th] ANNUAL GENERAL MEETING (AGM)

Date, time and venue of the Meeting:

The 44[th] AGM of the Company was held on Wednesday, 26[th] July, 2023 at 11.00 AM at “Rangmanch Auditorium”, Bangur Nagar, Beawar – 305 901 (Rajasthan) and concluded at 11.30 AM

Brief Proceedings:

• Mr. H.M. Bangur, Chairman of the Company, presided over the meeting. Mr. Shreekant Somany, Chairman of the Audit Committee authorized Mr. Sanjv Krishnaji Shelgikar (who is also member of Audit Committee) to attend the same on his behalf. Mr. Sanjv Krishnaji Shelgikar, Chairman of Stakeholders Relationship Committee & authorized representative of Mr. Shreekant Somany and Mr. Nitin Desai, Chairman of Nomination cum Remuneration Committee were present during the meeting.

• After ascertaining that the requisite quorum was present, the Chairman called the meeting in order.

• The Chairman addressed the members. A copy of the Chairman’s Speech was circulated among the members present at the meeting.

• The members attending the meeting asked certain questions to the management of the Company, which were duly responded.

• The Company had provided remote e-voting facility to the members to cast their vote electronically, for all the items mentioned in the 44[th] AGM notice

• Further, the facility for voting by polling paper was made available to the members who were present at the Meeting and had not cast their votes by remote e-voting.

• Mr. Akshit Jangid, Practicing Company Secretary, acted as Scrutinizer for scrutinizing the voting through polling papers to be conducted at AGM in a fair and transparent manner and remote e-voting process

• As per notice dated 22[nd] May, 2023, convening the AGM of the Company, the following business were transacted at the AGM:-

Item No.	Details of the Agenda	Resolutions (Ordinary/ Special)
Ordinary Business
1	To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended 31stMarch, 2023 and the Reports of the Board of Directors and Auditors thereon; and b. the Audited Consolidated Financial Statements of the Company for the financial year ended 31stMarch, 2023 and the Report of the Auditors thereon.	Ordinary Resolution

SHYAM Digitally signed by SHYAM SUNDER SUNDER KHANDELWAL KHANDELWAL Date: 2023.07.26 14:58:25 +05'30'

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Item No.	Details of the Agenda	Resolutions (Ordinary/ Special)
2	Confirmation of payment of two Interim Dividends (Rs. 45 per equity share and Rs. 55 per equity share) aggregating to Rs.100/- per equity share for the financial year ended 31st March, 2023.	Ordinary Resolution
3	Re-appointment of Mr. Hari Mohan Bangur (DIN: 00244329), Director of the Company, who retires by rotation. .	Ordinary Resolution
Special Business
4	Ratification of remuneration of M/s. K. G. Goyal and Associates, Cost Accountants as Cost Auditors of the Company for the financial year ending on 31st March, 2024.	Ordinary Resolution

• It was informed that the results of e-voting and voting through polling paper would be declared on receipt of Scrutinizer’s report and would be placed on the website of the Company as well as Company’s Registrar & Share Transfer Agent and e-voting service provider viz. NSDL. The results will also be informed to the Stock Exchanges where the Company’s securities are listed.

• The meeting concluded with a Vote of thanks to the Chair.

Note: The said summary of proceedings does not constitute minutes of the proceedings of the 44[th] Annual General Meeting.

SHYAM Digitally signed by SHYAM SUNDER SUNDER KHANDEL KHANDELWAL Date: 2023.07.26 WAL 14:58:42 +05'30'

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