Shree Cements Ltd. — Capital/Financing Update 2019

Nov 19, 2019

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

SCL/BWR/2018-19 19th 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,

We wish to inform you that a meeting of the Committee is scheduled to be held on 22nd November, 2019 to inter alia, consider lind lIpprove the issue price, including a discount, if any thereto, as permitted under the SEBIICDR Regulations, ofthe Equity Shares to be allotted to qualified institutional buyers, pursuant to the QIP.

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

Thanking you

Yours CEMENT LIMITED

Company Secretary

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 ~hawan, 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