Shree Cements Ltd. — AGM Information 2024

Aug 6, 2024

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SCL/BWR/SE/2024-25/ 6[th] August, 2024

National Stock Exchange of India Limited, Exchange Plaza, Bandra – Kurla Complex, Bandra (East) MUMBAI – 400 051 SCRIP CODE: SHREECEM EQ Debt Segment NCD ISIN: INE070A07061

BSE Limited Phiroze Jeejeebhoy Towers, 25[th] Floor, Dalal Street, MUMBAI – 400 001 SCRIP CODE 500387 Debt Segment NCD ISIN: INE070A07061

Re: Summary of Proceedings of the 45[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 45[th] Annual General Meeting (AGM) of the Company held on Tuesday, 6[th] August, 2024 at 11:30 AM at Registered office of the Company.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For SHREE CEMENT LIMITED

SHYAM Digitally signed by SHYAM SUNDER SUNDER KHANDELWAL KHANDELWAL Date: 2024.08.06 16:24:38 +05'30'

(S.S. KHANDELWAL) COMPANY SECRETARY Encl.: as above

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PROCEEDINGS OF THE 45[TH] ANNUAL GENERAL MEETING (AGM)

Date, time and venue of the Meeting:

The 45[th] AGM of the Company was held on Tuesday, 6[th] August, 2024 at 11:30 AM at “Rangmanch Auditorium”, Bangur Nagar, Beawar – 305 901 (Rajasthan) and concluded at 12:15 PM

Brief Proceedings:

• Mr. H.M. Bangur, Chairman of the Company presided over the meeting. Mr. Shreekant Somany, Chairman of the Audit Committee, Mr. Sanjiv Krishnaji Shelgikar, Chairman of Stakeholders Relationship Committee and Mr. Zubair Ahmed, 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 Notice of 45[th] AGM.

• 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 14[th] May, 2024, 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, 2024 and the Reports of the Board of Directors and Auditors thereon; and	Ordinary Resolution

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Item No.	Details of the Agenda	Resolutions (Ordinary/ Special)
	b. the Audited Consolidated Financial Statements of the Company for the financial year ended 31stMarch, 2024 and the Report of the Auditors thereon.
2	Confirmation of payment of Interim Dividend (₹50 per equity share) for the financial year ended 31stMarch, 2024	Ordinary Resolution
3	To declare Final Dividend (₹55 per equity share) on equity shares of the Company for the financial year ended 31st March, 2024	Ordinary Resolution
4	Re-appointment of Mr. Prashant Bangur (DIN: 00403621), Director of the Company, who retires by rotation.	Ordinary Resolution
Special Business
5	Appointment of Mr. Sushil Kumar Roongta as Independent Director of the Company for 5 (Five) consecutive years w.e.f. 14thMay, 2024	Special Resolution
6	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 31stMarch, 2025.	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 45[th] Annual General Meeting.

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