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MEHTA FAMILY TRUST 4™ Floor, N.K. Mehta International House, 178, Backbay Reclamation, Mumbai — 400 020. Tel. No. 66365490/ 66365450/ 66365444 Mob. No.:- 93231036857 Email: yogeshkumarshah@mehtagroup.com Date: 24-09-2026 To, To, To, Saurashtra Cement Limited The Listing Department The Listing Department 2 Floor, N.K. Mehta International BSE Limited, NSE Limited, House, 178, Backbay Reclamation, Hirose Jeejeebhoy Towers, Exchange Plaza, Mumbai - 400 020. Dalal Street, Bandra-Kurla Complex, Mumbai - 400001. Bandra (East), Mumbai - 400 051. BSE Scrip Code: 502175 Stock Symbol : SAURASHCEM Dear Sir / Madam, Sub: Disclosure pertainintgo Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 In compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”), please find enclosed, as Annexure A, the prescribed disclosure in relation to the indirect acquisition by Mehta Family Trust (“Acquirer”) of voting rights in Saurashtra Cement Limited (“Target Company”) consequent upon the acquisition of 2,49,999 equity shares, representing 49.99% of the equity share capital of Galaxy Technologies Private Limited (“Galaxy”), from Mr. Jay Mahendra Mehta on September 22, 2026 (“Proposed Acquisition”). Pursuant to the Proposed Acquisition, the Acquirer has indirectly acquired voting rights corresponding to the equity shares held by Galaxy in the Target Company, representing 14.57% of the voting rights in the Target Company. The Proposed Acquisition was undertaken pursuant to the exemption granted by the Securities and Exchange Board of India by order dated July 14, 2026, bearing reference no. WTM/KCV/CFD/06/2026-27 (“SEBI Exemption Order”). The Proposed Acquisition forms part of an internal reorganization within the Mehta family. It does not alter the issued share capital, public shareholding or aggregate shareholding of the promoter and promoter group in the Target Company and, as recorded in the SEBI Exemption Order, does not result in any change in control or management the Target Company. The enclosed disclosure is submitted for your information and records. Kindly take the same on record. Thanking you, Yours faithfully, For and on behalf of the Mehta Family Trust 22AAM NN Mr. Jay Mahendra Mehta Trustee Encl.: as above Company Secretary Saurashtra Cement Limited MEHTA FAMILY TRUST 4" Floor, N.K. Mehta International House, 178, Backbay Reclamation, Mumbai — 400 020. Tel. No. 66365490/ 66365450/ 66365444 Mob. No.:- 93231036857 Email: yogeshkumarshah@mehtagroup.com Company Secretary Saurashtra Cement Limited Annexure A DISCLOSURE UNDER REGULATION 29(2) OF SEBI (SAST) REGULATIONS, 2011 Saurashtra Cement Limited Name of the Target Company: BSE Scrip Code - 502175 NSE Symbol - SAURASHCEM ISIN - INE626A01014 Name(s) of the Acquirer Paenrd sens-Acting-in-Concert | Mehta Family Trust Whether the acquirer belongs to Promoter/Promoter Promoter Group: Name(s) of the Stock Exchange(s) where the shares of BSE Limited ('BSE’) & NSE Limited TC are Listed: ('NSE’) Details of acquisition / dispesal as follows Number % w.r.t total | % w.rt. share/voting total capital diluted wherever share/vo applicable(*) | ting capital the TC Before the acquisition / sale under consideration, holding of: a. Shares carrying voting rights 100 0.00% 0.00% b. Shares in the nature of encumbrance - - - C. Voting rights otherwise than by equity shares - - - d. Warrants/convertible securities/ other : : - instruments €. Total (atb+c+d) 100 0.00% 0.00% Details of acquisition a. Shares carrying voting rights acquired Nil Nil Nil b. Voting rights acquired otherwise than by equity | 1,62,15400¢ | 14.57%*¢ 14.57%* shares MEHTA FAMILY TRUST 4™ Floor, N.K. Mehta International House, 178, Backbay Reclamation, Mumbai — 400 020. Tel. No. 66365490/ 66365450/ 66365444 Mob. No.:- 93231036857 Email: yogeshkumarshah@mehtagroup.com €. Warrants/convertible securities/other instruments acquired 1,62,15,400% d. Shares encumbered/invoked/ released €. Total (atb+c+/-d) 14.57%% 14.57%* After the acquisition, holding of: a. Shares carrying voting rights 100 0.00% 0.00% b. Voting rights otherwise than by equity shares 1,62,15,400* 14.57%* 14.57%* €. Warrants/convertible securities/other instruments d. Shares in the nature of encumbrance 1,62,15,500¢ | 14.57%* 14.57%* €. Total (atb+c+d) Mode of acquisition / sale- (e.g. open market / off Indirect acquisition pursuant to an market /public issue / rights issue / preferential internal reorganization within the allotment / inter-se transfer etc) Mehta family undertaken pursuant to the SEBI Exemption Order dated July 14, 2026, bearing reference no. WTM/KCV/CFD/06/2026-27. Date of acquisition / date of September 22, 2026 receipt of intimation of allotment of shares, whichever is applicable Equity share capital / total voting capital of the TC INR 1,11,28,72,800 (Rupees One before the said acquisition /-sale Hundred and Eleven Crore Twenty- Eight Lakhs and Seventy-Two Thousand Eight Hundred Only) consisting of 11,12,87,280 (Eleven Crore Twelve Lakh Eighty-Seven Thousand Two Hundred and Eighty Only) Equity Shares of INR 10 (Rupees Ten) each - Remains unchanged Equity share capital/ total voting capital of the TC after INR 1,11,28,72,800 (Rupees One the said acquisition /sale Hundred and Eleven Crore Twenty- Eight Lakhs and Seventy-Two Thousand Eight Hundred Only) consisting of 11,12,87,280 (Eleven Crore Twelve Lakh Eighty-Seven Thousand Two Hundred and Eighty Only) Equity Shares of INR 10 (Rupees Ten) each - Remains unchanged Total diluted share/voting capital of the TC after the INR 1,11,28,72,800 (Rupees One said acquisition Hundred and Eleven Crore Twenty- Eight Lakhs and Seventy-Two Thousand Eight Hundred Only) consisting of 11,12,87,280 (Eleven Crore Twelve Lakh Eighty-Seven Thousand Two Hundred and Eighty Only) Equity Shares of INR MEHTA FAMILY TRUST 4™ Floor, N.K. Mehta International House, 178, Backbay Reclamation, Mumbai — 400 020. Tel. No. 66365490/ 66365450/ 66365444 Mob. No.:- 93231036857 Email: yogeshkumarshah@mehtagroup.com 10 (Rupees Ten) each - Remains unchanged *Galaxy holds 1,62,15,400 equity shares in the Target Company, representing 14.57% of its equity share capital and voting rights. The voting rights disclosed above are held indirectly by the Acquirer through Galaxy. The Acquirer also continues to hold 100 equity shares directly in the Target Company. Pursuant to the SEBI Order dated July 14, 2026, bearing reference no. WIM/KCV/CFD/06/2026-27, the 1,62,15,400 equity shares held by Galaxy, representing 14.57% of the equity share capital and voting rights of the Target Company, continue to be registered in the name of Galaxy, an existing promoter group entity, while the indirect beneficial interest and corresponding voting rights in such shares stand consolidated in favour of Mehta Family Trust. Accordingly, there is no change in the share capital or aggregate voting rights, or in the aggregate promoter and promoter group or public shareholding, of the Target Company. (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/ warrants into equity shares of the TC. For and on behalf of Mehta Family Trust 2@t R Mr. Jay Mahendra Mehta Trustee Place: qubm Date:Qy-09-2026