Shree Cements Ltd. — Capital/Financing Update 2020

Feb 14, 2020

CIN No. : L26943RJ1979PLC001935 Phone : 01462228101-6 Toll Free: 180Q 180 600316004 Fax: 01462 2281171228119 E-Mail: shreebwr@shreecementltd.com Website : www.shreecement.ln

Regd. Office: ~ :\

BANGUR NAGAR, POST BOX NO.33. BEAWAR 305 901, RAJASTHAN. INDIA .6~~

SCL/BWR/SE/2019-20/ 14th February, 2020

FAX NO. 022 - 26598237 / 26598238

FAX NO. 022-22722041/ 22722061

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: SHREECEM EQ

SCRIP CODE 500387

Attn: Listing Department

Sub:- Compliance under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sirs,

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation / Variation in utilization of funds raised through Qualified Institutions Placement, for the quarter ended 31st December, 2019.

Kindly take the same on record.

thfully, CEMENT LIMITED

(5.5. KH DELWAL) COMPANY SECRETARY

STATEMENT OF DEVIATION I VARIATION IN UTIUZATJON OF FUNDS RAISED

Name of listed entity					SHREE CEMENT LIMITED
Mode of Fund Raising					Pwblis Isswes .1 Ri~hts Isswes t
					PFefeFeRtial Isswes t QIP I GtheFs
Date of Raising Funds					26-11-2019
Amount Raised					Issue Size: Rs. 2400 Crores
					Net Proceeds: Rs. 2383 Crores
Report filed for Quarter ended					31-12-2019
Monitoring Agency					apfllisable I not applicable
Monitoring Agency Name, if applicable					Not Applicable
Is there a Deviation / Variation in use of funds raised If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the					¥es-f. No Not Applicable
shareholders
If Yes, Date of shareholder Approval					I Not Applicable
Explanation for the Deviation / Variation					Not Applicable
Comments of the Audit Committee after review					Not Applicable
Comments of the auditors, if any					Not Applicable
Objects for which funds have been raised and where there has been a deviation, in the following table
Original Object	Modified Object, if any	Original Allocation	Modified allocation, ifany	Funds Utilized	Amount of Deviation I Variation for the quarter according to applicable object	Remarks; if any
Funding future growth opportunities and/or strategic acquisitions, general corporate requirements, working capital requirement, pre-payment and/or repayment of loans and/or any other purposes, as may be permissible under applicable law	Nil	Rs. 2383 Crores	Nil	Nil	Nil	-
Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (~Wliation in the amount offunds actually utilized as against what was originally disclosed or (c hange in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc. FO\ REE CEMENT LIMITED (,U~-f ~~~ ~ s.s~,wa, 1I~' Com any Secretary ~~~ p.: