Shree Cements Ltd. — Capital/Financing Update 2019

Nov 25, 2019

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

Regd. Office: ~ '.

BANGUR NAGAR, POST BOX NO.33, BEAWAR 305 901. RAJASTHAN, INDIA o6~)

SCL/2019-20 23rd November 2019

National Stock Exchange of India Limited Listing Department Exchange Plaza, Bandra Kurla Complex Bandra (East) Mumbai 400 051 Company symbol: SHREECEM

BSE Limited Department of Corporate Services Floor 25, Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 Security code no.: 500387

Sub: Qualified institutions placement of equity shares of face value of Rs. 10 each (the "Equity Shares") by Shree Cement Limited (the "Company"), under the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the "SEBI ICDR Regulations") and Section 42 of the Companies Act, 2013, and the rules made thereunder, each as amended ("QIP").

Dear Sir/Madam,

In continuation of our earlier letter dated 22nd November, 2019 on the captioned subject, we wish to inform you that the Qualified Institutions Placement Committee ("Committee") at its meeting held today i.e. 23rd November, 2019, approved the allotment of 1243523 Equity Shares of Rs. 10 each to qualified institutional buyers at an issue price of Rs. 19300 per Equity Share (including a premium of Rs. 19290 per Equity Share), aggregating to Rs. 23,999,993,900 (Rupees Two thousand three hundred ninety nine crores ninety nine lac ninety three thousand nine hundred only) pursuant to the QIP.

The meeting of the Committee commenced at 1.15 PM and concluded at 1.45 PM.

Pursuant to the allotment of Equity Shares in the QIP, the paid-up equity share capital of the Company stands increased to ~60,807,480 comprising 36,080,748 Equity Shares of ~10 each.

The QIP opened on 19th November, 2019 and closed on 22nd November, 2019 and the same was intimated to you through our letters dated 19th November, 2019 and 22nd November, 2019 respectively.

Please find attached List of allottees who have been allotted more than 5% of the Equity Shares issued in the QIP as Annexure I, for your information and record:

We request you to take the above on record and the same be treated as compliance under the applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you,

Company Secretary

JAIPUR OFFICE: SB-187, Bapu Nagar, Opp. Rajasthan University, JLN Marg, Jalpur-302 015 Phone: 0141 4241200,4241204, Fax: 0141 4241219 NEW DELHI OFFICE: 122-123, Hans Bhawan, 1, 8ahadurshah Zafar Marg, New Delhi 110002 1 I 3 Phone: 011 23370828,23379218.23370776, Fax: 011 23370499 CORP. OFFICE: 21, Strand Road. Kolkata 700 001 Phone: 033-22309601-4 Fax: 033 22434226

List of allottees who have been allotted more than 5% of the Equity Shares issued in the QIP

Sr. No	Category (Fill FPI/ MF IIC I FI)	Investor Name	Allotment (No. of shares)	% of the Total Issue Size	Cumulative No. of Equity Shares Allotted	% of the Total Issue Size
1	FPI	NEW WORLD FUND INC	2,13,839	17.20%	2,13,839	17.20%
2	MF	SBI BLUE CHIP FUND	67,275	5.41%		13.97%
		SBI EQUITY HYBRID FUND	67,275	5.41%	1,73,724
		SBI MAGNUM TAXGAIN SCHEME	22,350	1.80%
		SBI MAGNUM EQUITY ESG FUND	16,824	1.35%
3	MF	ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE EQUITY HYBRID '95 FUND	34,682	2.79%	1,55,452	12.50%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE FOCUSED EQUITY FUND	48,375	3.89%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE TAX RELIEF 96	45,050	3.62%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE TAX PLAN	903	0.07%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA WEALTH PLAN	1,352	0.11%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE RETIREMENT FUND THE 30S PLAN	705	0.06%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE RETIREMENT FUND THE 40S PLAN	350	0.03%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE MIDCAP FUND	17,280	1.39%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE BALANCED ADVANTAGE FUND	5,190	0.42%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE INFRASTRUCTURE FUND	1,300	0.10%
		ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE INTERNATIONAL EQUITY FUND-PLAN B	265	0.02%

Sr. No	Category (FII / FPII MF I ICI FI)	Investor Name	Allotment (No. of shares)	% of the Total Issue Size	Cumulative No. of Equity Shares Allotted	% of the Total Issue Size
		AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS LONG TERM EQUITY FUND	62,175	5.00%
		AXIS MULTICAP FUND	22,799	1.83%
	MF	AXIS DYNAMIC EQUITY FUND	5,700	0.46%	1,03,626	8.33%
4		AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS CAPITAL BUILDER FUND - SERIES 4 (1582 DAYS)	2,590	0.21%
		AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY SAVER FUND	2,072	0.17%
		AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY HYBRID FUND	8,290	0.67%