Shree Cements Ltd. — Capital/Financing Update 2019

May 22, 2019

CIN No. : L26943RJ1979PLC001935 Phone : 01462228101-6 Toll Free: 1800180600316004 Fax: 014622281171228119 E·Mail: shreebwr@shreecementltd.com Website : www.shreecement.in

BANGUR NAGAR, POST BOX NO.33, BEAWAR 305 901, RAJASTHAN, INDIA ~ 66'li~'. °11. 8l)I>'Io ~J. · n(,b

SCL/BVVR/2019-20/SE 27th April, 2019 National Stock Exchange of India Limited, Exchange Plaza, Bandra - Kurla Complex, Bandra (East) MUMBAI-400 051

Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, 25th Floor, Dalal Street, MUMBAI- 400023 SCRIP CODE 500387

SCRIP CODE: SHREECEM EQ

Attn: Listing Department

Re:- SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018 • Fund raising by issuance of Debt Securities by Large Entities

Dear Sirs,

This has reference to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018 in respect of fund raising by issuance of debt securities by Large Entities. Company's compliance status pertaining to applicable criteria as per the said circular are as under:-

Requirement of Applicability		Company Compliance Status
Listed Entities (Except for schedules Commercial Banks), which as on the last
day of the FY (31.03.2019)
(i)	or debt have specified securities securities or non-convertible redeemable preference share, listed on a recognised stock exchange(s); and	• Company having equity is shares listed on the BSE and NSE
(ii)	have an outstanding long term borrowing of Rs 100 crores or above (excluding external commercial borrowings and inter-corporate borrowings between a parent and subsidiary(ies)); and	• Company is having of AAA credit rating for its borrowings.
(iii)	have a credit rating of "AA and above", where credit rating shall be of the unsupported bank borrowing or plain vanilla bonds of an entity, which have no structuring/ support built in; and in case, where an has multiple ratings from multiple rating agencies, highest of issuer such rating shall be considere.d for the purpose of applicability of this framework.	• Since Company is not having outstanding long term borrowing of Rs 100 crores or above (excluding external commercial borrowings and inter-corporate borrowings between and a parent not subsidiary(ies)) hence applicable.

In vi w of the above we would like to inform that our Company does not fall in the applicability framework of orporate' as provided in the said circular.

JAIPUR OFFICE: S8-187, 8apu Nagar, Opp. Rajasthan University, JLN Marg, Jaipur·302 015 Phone: 0141 4241200,4241204, Fax: 0141 4241219 NEW DELHI OFFICE: 122-123, Hans Shawan, 1, 8ahadurshah 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