Pursuant to Reg 30 of SEBI (LODR) Reg, 2015, read with Part B of Schedule III, we hereby inform you that, on 28th September 2026, Saurashtra Cement Limited ("Company" and "Captive User") entered into i. Power Consumption Agreement with Jamnagar Renewables Two Pvt. Ltd. ("Power Producer"), and ii. Share Purchase & Shareholders'' Agreement with the Power Producer and Continuum Green Energy Limited ("Promoter") to source renewable ....

Saurashtra Cement Limited K AR o e 2 P 178 Backbay Reclamation, Mumbal 400 020 T +0122 6636 5444 F +9122 6636 5445 E scl-mum@mehtagroup.com Ref: B/SCL/SE/SS/266/2026-27 NG IGHISSCRON00EA0 Date: 28-09-2026 BSE Limited, National Stock Exchange of India Corporate Relationship Manager, Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 001. Mumbai - 400 051. Stock Code : 502175 Stock Symbol : SAURASHCEM Sub.: Disclosure under Regulation 30 read with Para B of part A of Schedule III of SEBI (Listing Obligations and Disclosure Reguirements) Requlations, 2015. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part B of Schedule III, we hereby inform you that, on 28th September 2026, Saurashtra Cement Limited (“the Company” and “Captive User”) entered into (i) a Power Consumption Agreement with Jamnagar Renewables Two Private Limited (*Power Producer”), and (i) a Share Purchase & Shareholders’ Agreement with the Power Producer and Continuum Green Energy Limited (“Promoter”), to source renewable power under a Group Captive Wind-Solar Hybrid power arrangement. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with Schedule III of the Listing Regulations and in accordance with Industry Standards Note on Regulation 30 of the LODR Regulations read with SEBI Master Circular vide Ref. HO/49/14/14(7)2025- CFDPOD2/1/3762/2026 Issued on 11% July 2023, and last updated on 30th January 2026 (the “SEBI Master Circular”) are given in Annexure A. Kindly take the same on your records. Thanking you, Yours faithfully For Saurashtra Cement Limited PRAKASH 22 sores syPRAASH CHAND chswoun Date:20309 JAIN 145944 40530 Prakash Chand Jain Chief Financial Officer Encl.: As Above Regd. Office & Works Near Railway Station, Ranavav 360 560 Guiarat, India Annexure A Sr. No. | Particulars | Details 1 Name of the parties to the Agreement e Power Consumption Agreement with Jamnagar Renewables Two Private Limited (“Power Prodanud Scaureashrtra” C)eme nt Limited(“Captive User”) ® Share Purchase & Shareholders’ ‘Agreement with Jamnagar Renewables Two Private Limited (“Power Producer”), Saurashtra Cement Limited(“Captive User”) & Continuum Green Energy Limited (“Promoter”) 2. Purpose of entering into the Agreement Long-term sourcing of renewable energy under a Group Captive Wind- Solar Hybrid arrangement to meet the Company’s power requirements and sustainability objectives 3. Size of the Agreement Contracted capacity of 14 MW Wind-Solar Hybrid power 4. Shareholding/ investment involved, if any Proposed equity investment of approximately Rs. 14.92 Crore, through investment in Equity Shares of Power Producer (1,49,22,600 equity shares) 5. Significant Terms of the Agreement (in brief) * Tenure - 25 years from actual commencement date * Lock-in period of 7 years e Group Captive compliance under Electricity Rules, 2005 6. Whether the transaction falls within related | No party transactions? 7. ‘Whether the transaction would fall under the | Not applicable definition of material related party transaction? 8. In case of issuance of shares to the parties, | The Captive User shall make an details of issue price, class of shares issued investment of Rs. 14.92 Crore by purchasing 1,49,22,600 no. of equity shares of Rs. 10/- each of Jamnagar Renewables Two Private Limited . 9. Date of execution of the Agreement 28 - 09 - 2026 10. | Tenure of the Agreement Up to 25 (Twenty-five) years from actual commencement date Lock-in period of 7 years 11. | Value of the Agreement Not quantified at this stage; depends on actual energy consumption and tariffs over the tenure 12. | Any other disclosures relevant to the event The Power Consumption Agreement and Share Purchase & Shareholders’ Agreement sets out key commercial terms, and subject to receipt of applicable statutory approvals PRAKAZ:, SH Saiohm CHAN S5t5oezs DJAIN 5%