Pursuant to Regulation 30 read with Para A (3) of Part A of Schedule III of the SEBI Listing Regulations, We wish to inform you that ICRA Limited have re-affirmed the rating on 29th September 2026.

Saurashtra Cement Limited N vt amtona House,2nod, 178 Backbay Reclamation, Mumbai 400 020 T 49122 6636 5444 F +9122 6636 5445 E sckmum@mehtagroup.com CIN : L26941GJ1956PLCO00840 Ref: B/SCL/SE/SS/267/2026-27 29" September 2026 BSE Limited, National Stock Exchange of India Limited Corporate Relationship Manager, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumb-a 4i00 001. Mumbai -400 051. Stock Code : 502175 Stock Symbol : SAURASHCEM Dear Sir, Pursuant to Regulation 30 read with Para A (3) of Part A of Schedule Il of the SEBI Listing Regulations, we wish to inform you that ICRA Limited have re-affirmed the rating on 29™ September 2026. The summary of the ratings re-affirmed is given below: Sr. | Instrument Rated Amount (in Rating No. Crore) 1 Long-term — fund-based —Term loan 31.95 BBB- (Stable) 2 Long-term - non-fund-based 340.00 BBB- (Stable) 3 Long-term ~ fund-based —Cash credit 20.00 BBB- (Stable) 4 Long-term — Unallocated 12.05 BBB- (Stable) Total 404.00 This information is also being uploaded on the website of the Company at path: https://scl.mehtagroup.com. This is for your information and records. Thanking you, Yours faithfully For Saurashtra Cement Limited PRAKESH CHAD. b Prakash Chand Jain Chief Financial Officer @ hjga Regd. Office & Works Near Railway Station, Ranavav 360 550 Gujarat, India CONFIDENTIAL ICRA/Saurashtra Cement Limited/29092026/1 Date: September 29, 2026 Mr. Prakash Chand Jain Saurashtra Cement Limited N. K. Mehta International House, Agrima Business Centre, 2nd floor, 178, Backbay Reclamation, Babubhai Chinai Marg, Mumbai - 400 020 Dear Sir, Re: ICRA’s Credit Rating for below mentioned Instruments of Saurashtra Cement Limited As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company. Rated Amount Financial Sector Instrument Rating Action1 (Rs. crore) Regulator# Long-term – Fund-based – Term loan 31.95 [ICRA] BBB- (Stable); reaffirmed RBI Long-term – Non-fund-based 340.00 [ICRA] BBB- (Stable); reaffirmed RBI Long-term – Fund-based – Cash credit 20.00 [ICRA] BBB- (Stable); reaffirmed RBI Long-term – Unallocated 12.05 [ICRA] BBB- (Stable); reaffirmed RBI Total 404.00 #SEBI’s grievance redressal/dispute resolution and SEBI investor protection mechanisms such as SCORES and ODR shall not be available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI. The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company. The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over- all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement. The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company. 1 Complete definitions of the ratings assigned are available at www.icra.in. ICRA Limited Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel. +91-11-23357940-41 Building No. 8, 2nd floor, Tower A, DLF Cyber City, Phase II, Gurugram-122002 www.icra.in info@icraindia.com +91-93547-38909 +0124-4545300 CIN: L74999DL1991PLC042749 Sensitivity Label : Restricted You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded. We look forward to your communication and assure you of our best services. With kind regards, Yours sincerely, For ICRA Limited Sachin Joglekar Vice President, Co-Group Head sachin.joglekar@icraindia.com Sensitivity Label : Restricted Annexure Details of Bank Limits Rated by ICRA Amount (Rs. crore) Rating Rating Assigned On (Rated on Long-Term Scale) Term loans HDFC Bank Limited 31.95 [ICRA]BBB- (Stable) September 18, 2026 Non-fund-based facilities HDFC Bank Limited 270.00 [ICRA]BBB- (Stable) September 18, 2026 ICICI Bank Limited 70.00 [ICRA]BBB- (Stable) September 18, 2026 Cash Credit ICICI Bank Limited 20.00 [ICRA]BBB- (Stable) September 18, 2026 Unallocated Unallocated 12.05 [ICRA]BBB- (Stable) September 18, 2026 Total 404.00 Sensitivity Label : Restricted