Shree Cements Ltd. — Board/Management Information 2019

May 18, 2019

CIN No. : L26943RJ1979PLC001935 Phone : 01462 228101-6 Toll Free: 1800180600316004 Fax: 014622281171228119 E-Mail: shreebwr@shreecementltd.com Website : www.shreecement.in

SHREE CEMENT LTD. e a~S~~11800" . .il .. il.

Regd. Office: . 0 . ^~ BANGUR NAGAR, POST BOX NO.33, BEAWAR 305 901, RAJASTHAN, INDIA P,'I166~'" 'lis s,)()

SCL/BWR/SE/2019-20/ 18th May, 2019

FAX NO. 022 - 26598237 /26598238

Email: cmlist@nse.co.in National Stock Exchange of India Limited, Exchange Plaza, Bandra - Kurla Complex, Bandra (East) MUMBAI 400051 SCRIP CODE: SHREECEM EQ

FAX NO. 022-22722041/22722061

Email: corp.relations@bseindia.com Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, 25th Floor, Dalal Street, MUMBAI 400023 SCRIP CODE 500387

Attn: Listing Department

Sub: Outcome of the Board Meeting

Dear Sirs,

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we disclose herewith the following information:

A. Re-appointment of Independent Directors of the Company

Board of Directors of the Company in its meeting held today approved the re-appointment of the following Independent Directors of the Company, for second term as mentioned below, subject to approval of the members ofthe Company in the ensuing Annual General Meeting of the Company:

S. No.	of Name Independent Director	No. of Years		Tenure
1	Shri O.P. Setia
2	Shri R. L. Gaggar			September,	1't to 2019		31't
3	Shri Shreekant Somany	5 Years	August, 2024
4	Dr. Y.K. Alagh
5	Shri Nitin Desai

We hereby confirm that the aforesaid independent Directors are not debarred from holding the office of Directors by virtue of any order of Securities and Exchange Board of India (SEBI) or any other such authority. The brief profile ofthe above Directors are enclosed herewith at Annex-l.

CIN No.	: L26943RJ1979PLC001935
Phone	: 01462 228101-6
	Toll Free: 1800180600316004
Fax:	01462 2281171228119
	E-Mail: shreebwr@shreecementltd.com
	Website : www.shreecement.in

SHREE CEMENT LTD.

Regd. Office: BANGUR NAGAR, POST BOX NO.33, BEAWAR 305 901, RAJASTHAN, INDIA "'lit 66'5;"

B. Capacity Addition to be made at Village Patas in Pune District of Maharashtra

Existing Capacity	Nil
Existing capacity utilization	Nil
Proposed capacity addition	3.00 MTPA Cement Grinding Unit
Period within which the proposed capacit'y'is to be added	During Quarter ending September, 2020
Investment required	Approx. Rs. 525 Crores
Mode of financing	Internal Accruals and Debt
Rationale	Business Expansion

Note: Timeline, Investments required and Mode of financing Indicated above are based on management's estimate and are subject to change.

Kindly take the same on record.

Thanking you,

Yours f i hfully, For SH E CEMENT LIMITED

(S.S. K NDELWAL) COMPANY SECRETARY

CIN No.	: L26943RJ1979PLC001935
Phone	: 01462228101-6
	Toll Free: 18001806003/6004
Fax:	01462228117/228119
	E-Mail: shreebwr@shreecementltd.com
	Website : www.shreecement.in

SHREE CEMENT LTD. a\S~SIOOI .[1. Regd. Office: .

BANGUR NAGAR, POST BOX NO.33, BEAWAR 305 901, RAJASTHAN, INDIA Pilt 66S'!I"

Annex-1

S. No.	Name of the Director	Brief Profile	Disclosure of relationships between Directors
1	Shri O.P.	Shri O. P. Setia (DIN 00244443) is an M.Com. from Delhi University	Not related
	Setia	and an eminent banker. He was the Managing Director of State	to any ofthe
		Bank of India and has held many key positions in its associate	Di rectors of
		banks.	the Company
2	Shri R. L. Gaggar	Shri R. L. Gaggar (DIN 00066068) is a B. A. (Hons) from Calcutta University and is a renowned solicitor and advocate based at	Not related to any ofthe
		Kolkata. He is practicing as a solicitor and an advocate at the High	Di rectors of
		Court of Kolkata for more than 50 years. Shri Gaggar is also on the	the Company
		Board of Duroply Industries Limited, TIL Limited, Paharpur Cooling
		Towers Ltd., Sumedha Fiscal Services Ltd., Machino Polymers Ltd.,
		Subhash Kabini Power Corporation Ltd., International
3	Shri	Combustion (India) Ltd. and Mayfair Hotels & Resorts Limited. Shri Shreekant Somany (DIN 00021423) is an industrialist who	Not related
	Shreekant	holds a Bachelor of Science degree from Calcutta University and	to any ofthe
	Somany	is currently on the Board of Somany Ceramics limited, SR	Directors of
		Continental Ltd., Somany Bathware Limited, Sarvottam Vanijya	the Company
		Ltd., Scope Vinimoy Private Limited, JK Tyre and Industries Limited
, 4		and Indian Council of Ceramic Tiles and Sanitaryware.
	Dr. Y.K. Alagh	Dr. Y. K. Alagh (DIN 00244686) is a noted economist and visiting professor to several renowned national and international	Not related to any ofthe
		institutions. He holds a Doctoral Degree and Masters Degree in	Directors of
		Economics from University of Pennsylvania. He was earlier the	the Company
		of for & Minister Power and Planning Programme
		Implementation with additional charge of the Ministry of Science
		& Technology. He has been Member of Planning Commission (in the rank of Minister of State). He has been Chairman, Bureau of
		Industrial Costs and Prices, Ministry of Industry. He has several
		books and over a hundred articles to his credit, published both at
		home and abroad. He has travelled widely and represented India
		in a number of high level official delegations and seminars. He was
		an invitee to the Climate Policy Game Group of The Committee of
		American Progress, the findings of which were presented in Paris and invited to develop a sustainable development scenario for
		2030 for the Canadian G8/G20 Munk Institute for the G20
		L ___ -L _ ~ ____ meeting ~~ Seoul. He is on the Board of ADJB Production Pvt. Ltd. J _ in __________

JAIPUR OFFICE: SB-187, Bapu Nagar, Opp. Rajasthan University, JLN Marg, Jaipur-302 015 Phone: 0141 4241200,4241204, Fax: 0141 4241219 NEW DELHI OFFICE: 122-123, Hans Bhawan, 1, Bahadurshah Zafar Marg, New Delhi 110002 Phone: 011 23370828,23379218,23370776, Fax: 011 23370499 CORP. OFFICE: 21, Strand Road, Kolkata 700 001 Phone: 033-22309601-4 Fax: 033 22434226

CIN No.	: L26943RJ1979PLC001935
Phone	: 01462228101-6
	Toll Free: 18001806003/6004
Fax:	01462228117/228119
	E-Mail: shreebwr@shreecementltd.com
	Website : www.shreecement.in

SHREE CEMENT LTD. a\c:,OB~OOI .fl.

Regd. Office: .

BANGUR NAGAR, POST BOX NO.33, BEAWAR 305 901, RAJASTHAN, INDIA Pil166S'!l'.

S. No.	Name of the Director	Brief Profile	Disclosure of relationships between Directors
5	Shri Nitin Desai	Shri Nitin Desai (DIN 02895410) is a graduate from London School of Economics and a well-known Economist and has had a long and distinguished career in the Government of India and United Nations. He is a distinguished visiting fellow at Thp FnPrgy <lnd Resources Institute (TERI), Honorary Professor at the Indian for Research Council in International Economics Relations (ICRIER), Honorary Fellow of the London School of Economics and Political Science, UK. He is connected with the Governing Bodies of several NGOs and research institutions. Shri Desai has worked at senior levels in the Planning Commission from 1973 to 1987. From 1988 to 1990, he was the Chief Economic Adviser and Secretary in the Department of Economic Affairs in the Ministry of Finance. In 1990 he joined the United Nations as Deputy Secretary General of the 1992 Rio Summit on Environment and Development and served later as Under Secretary General dealing with economic and social affairs from 1993 to 2003. He is on the Board of Shakti Sustainable Energy Foundation.</lnd	Not related to any ofthe Di rectors of thp Comp;:my