We would like to inform you that Saurashtra Cement Ltd ("the Company") has received a show cause notice from the office of the Deputy Commissioner of State Tax Range - 24 3rd floor, Jilla Seva Sadan -2 Jamnagar - 361001 under section 73 of Central Goods Services Tax Act ("CGST") and GST Act 2017.

Saurashtra Cement Limited N i ol Hovse, 2nc Flcr, 178 Backbay Reclamation, Mumb40a0 0i20 T +91 22 6636 5444 F +9122 6636 5445 Ref: B/SCL/SE/SS/268/2026-27 OE £ scLl I504\1@mGeUh1taOgBr8ovP LO0ODB0 29th September 2026 BSE Limited, National Stock Exchange of India Corporate Relationship Manager, Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 001. Mumbai - 400 051. Stock Code : 502175 Stock Symbol : SAURASHCEM Dear Sir/Madam, mWMMMML i ligati ulation: Dear Sir/Madam, We would like to inform you that Saurashtra Cement Limited (“the Company”), has received a Show Cause Notice from the Office of the Deputy Commissioner of State Tax, Range -24, 3" floor, Jilla Seva Sadan-2, Jamnagar-361001 under Section 73 of Central Goods Services Tax Act ("CGST") Act and the Gujarat Goods and Services Tax ("GGST”) Act, 2017. 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-CFD- POD2/1/3762/2026 Issued on July 11, 2023, and Last updated on January 30, 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 Digitall signed by PRAKASH PRAKASHCHAND CHAND JAIN Bt 0260520 Prakash Chand Jain Chief Financial Officer Encl.: As Above @ VTHEE HTA Regd. Office & Works Near Rallway Station, Ranavav 360 550 Gujarat, India Annexure A Sr. Particulars Details Brief details of litigation/ On 29 September 2026, a show cause notice dispute viz. name(s) of the under Section 73 of Central Goods Services Tax opposing party, court/ Act ("CGST”) Act 2017 and the Gujarat Goods tribunal/agency where and Services Tax (“GGST”) Act, 2017 of M/s litigation is filed, brief details Saurashtra Cement Limited issued by the Office of dispute/litigation; of the Deputy Commissioner of State Tax, Range -24, 3 Floor, Jilla Seva Sadan-2, Jamnagar- 361001 has been received by Saurashtra Cement Limited ("SCL") against short payment of GST on B2C outward supplies disclosed through e-way bills, Excess ITC availed on B2B inward supplies, Ineligible ITC on motor vehicle-related, works- contract services, Business-promotion gifts and free-distribution articles, Non-reversal of ITC where consideration was not paid within 180 days for the period 2022-23 and on construction and capitalise immoveable property. As per the SCN, the Company is required to show cause before the The Deputy Commissioner Of State Tax, Range -24, 3" Floor, Jilla Seva Sadan- 2, Jamnagar-361001 and hearing is scheduled on 29t October 2026 amounting to Rs. 3,83,41,188/- (Rupees Three Crore Eighty- Three Lakhs Forty-One Thousand One Hundred Eighty-Eight Only) (including interest on penalty). Expected financial Based on SCL's assessment, the aforesaid implications, if any, due to demand is not maintainable. SCL is evaluating compensation, penalty etc.; this matter and will submit its reply within the prescribed time period. The Company does not envisage any relevant impact on the financial, operations or other activities of the Company. Quantum of claims, if any; As described in point no. 1 above. PRAKAS oigitally signed by PRAKASH H CHAND JAIN CHAND 55520 JAIN 16s w0530