UltraTech Cement Ltd — Capital/Financing Update 2020

Jul 7, 2020

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7[th] July, 2020

BSE Limited The Manager Listing Department Corporate Relationship Department The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Bandra-Kurla Complex, Dalal Street, Mumbai 400 001 Bandra (East), Mumbai 400 051 Tel.: 22721233/4 Tel.: 26598236 Fax: 022 2272 2039 Fax: 2659 8237 / 38. Scrip Code: 532538 Scrip Code: ULTRACEMCO

Dear Sirs,

Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Krishna Holdings Pte. Ltd, (“Krishna”), incorporated in Singapore and a subsidiary of the Company’s wholly-owned subsidiary UltraTech Nathdwara Cement Ltd. has informed that it has entered into a binding agreement for divesting its entire equity shareholding of 92.5% in Shandong Binani Rongan Cement Co. Ltd.

In terms of the agreement, Krishna will divest its entire shareholding at an Enterprise Value of RMB 845 Mn +/- Working capital adjustments on closing, equivalent of approx. US$ 120 Mn subject to customary closing conditions and regulatory approvals in compliance with the local laws.

This is for your information and records, please.

Thanking you,

Yours faithfully, For UltraTech Cement Limited

Sanjeeb Kumar Chatterjee Company Secretary

Encl. a/a.

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UltraTech Cement Limited

Registered Office : Ahura Centre, B – Wing, 2[nd] Floor, Mahakali Caves Road, Andheri (East), Mumbai 400 093, India T: +91 22 6691 7800 / 2926 7800 I F: +91 22 6692 8109 I W: www.ultratechcement.com/www.adityabirla.com I CIN : L26940MH2000PLC128420