Shree Cements Ltd. — Capital/Financing Update 2023

Feb 28, 2023

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SCL/BWR/SE/2022-23/ 28[th] February, 2023

National Stock Exchange of India Limited, Exchange Plaza, Bandra – Kurla Complex, Bandra (East) MUMBAI – 400 051 SCRIP CODE: SHREECEM EQ

Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, 25[th] Floor, Dalal Street, MUMBAI – 400 023 SCRIP CODE 500387

Attn: Listing Department

Re:- Shree Cement Limited highest bidder for Datima Coal Mine Block

Dear Sir,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Company has emerged as the highest bidder for Datima Coal Mine Block, located in Surajpur Tehsil in Surguja District of State of Chattisgarh under 15[th] Tranche of Auction of coal block conducted by Ministry of Coal, Govt. of India on 27[th] Feb 2023. The mine has geological reserves of 13.30 million tonnes. The official confirmation from Govt. of Chhattisgarh declaring Shree Cement as the winner of the above deposit is awaited.

Company has participated in the coal block auction with an intent of creating fuel security through long term fuel supply sourcing options for its operations while having flexibility to use the coal for other commercial purposes as well.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For SHREE CEMENT LIMITED

SHYAM Digitally signed by SHYAM SUNDER SUNDER KHANDELWAL KHANDELWAL Date: 2023.02.28 14:05:00 +05'30' ( S.S. KHANDELWAL )

COMPANY SECRETARY

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