This to inform you that the Allotment Committee of the Board of Directors of the Company at its meeting held today i.e 6th June 2025, had approved, issued and allotted 16203 equity shares of face value of Rs. 10 each, fully paid up, to the eligible employees of the Company on exercise by them of stock options granted and vested under Saurashtra Employee Stock Option Scheme 2017 ("ESOP Scheme") ("ESOP Scheme was first amended on 22nd April, 2024")

Saurashtra Cement Limited's Allotment Committee, at its meeting on June 6, 2025, approved the issuance and allotment of 16,203 equity shares of face value Rs. 10 each to eligible employees under the Saurashtra Employee Stock Option Scheme 2017 (amended on 22 April 2024). The exercise price is Rs. 10 per share with no premium. As a result, the paid-up equity share capital has increased from Rs. 111,23,69,540 (11,12,36,954 shares) to Rs. 111,25,31,570 (11,12,53,157 shares). Three employees received the allotment: Mr. Prashant K Deshpande (6,000 shares), Mr. Himanshu A. Trivedi (5,203 shares), and Mr. Mahesh Kumar Roongta (5,000 shares). The newly issued shares will rank pari-passu with existing equity shares.