Shareholders meeting

adani adani Ambuja Cement Cement September 29, 2026 National Stock Exchange of India BSE Limited Luxembourg Stock Exchange Limited Scrip Code: AMBUJACEM Scrip Code: 500425 Code: US02336R2004 Sub.: Outcome of the Meeting of the Equity Shareholders of Ambuja Cements Limited convened pursuant to the Order passed by the Hon’ble National Company Law Tribunal, Ahmedabad Bench (“Hon’ble Tribunal”), in relation to the Scheme of Amalgamation of ACC Limited (“Amalgamating Company”) with Ambuja Cements Limited (“Amalgamated Company” or “Company”) (“Scheme”). Dear Sir/Madam, Pursuant to the Hon’ble Tribunal’s Order dated July 29, 2026, a meeting of the Company’s Equity Shareholders was convened on Tuesday, September 29, 2026, at 12:30 p.m. (1230 hours) IST through Video Conferencing/Other Audio-Visual Means (“NCLT Convened Meeting”) to consider and, if thought fit, approve the Scheme. The summary of proceedings of the NCLT Convened Meeting, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), is enclosed as Annexure I. The voting results, in the format prescribed under Regulation 44 of the SEBI Listing Regulations, together with the Scrutinizer’s Reports, are enclosed as follows: a)Under the Companies Act, 2013 and the NCLT Order — Annexure II; b) Under the SEBI Master Circular dated June 20, 2023 — Annexure III. The resolution approving the Scheme was passed by the requisite majority of the Company’s Equity Shareholders, including Public Shareholders, in accordance with the NCLT Order, the Companies Act, 2013, and the SEBI Master Circular dated June 20, 2023. Ambuja Cements Limited Registered Office: Adani Corporate House Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India Ph +91 79-2656 5555 E mail: investors.relation@adani.com www.ambujacement.com CIN: L26942GJ1981PLC004717 adani adani Ambuja Cement Cement This intimation will also be uploaded on the Company’s website at www.ambujacement.com. Kindly take note of the above. Thanking you, Yours faithfully, For, Ambuja Cements Limited Manish Mistry Company Secretary & Compliance Officer Membership No. F8373 Ambuja Cements Limited Registered Office: Adani Corporate House Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India Ph +91 79-2656 5555 E mail: investors.relation@adani.com www.ambujacement.com CIN: L26942GJ1981PLC004717 Annexure I AMBUJA CEMENTS LIMITED SUMMARY OF PROCEEDINGS OF NCLT CONVENED MEETING OF THE EQUITY SHAREHOLDERS TUESDAY, 29TH SEPTEMBER 2026, 12:30 P.M. (1230 hours) (IST) THROUGH VC/OAVM Pursuant to the order dated July 29, 2026, passed by the Hon’ble National Company Law Tribunal, Ahmedabad Bench (“NCLT”), read with the applicable circulars issued by the Ministry of Corporate Affairs and SEBI, a meeting of the Equity Shareholders of Ambuja Cements Limited (the “Company”) was held on Tuesday, September 29, 2026, at 12:30 p.m. (1230 hours IST) through Video Conferencing/Other Audio Visual Means (“VC/OAVM”). Mr. Deep Chandra Joshi (former acting president & member of the NCLT), an NCLT appointed Chairman, chaired the Meeting. The following Directors attended the meeting through VC: 1. Mr. Vinod Bahety (DIN: 09192400), CEO & Whole-time Director; 2. Mr. Praveen Garg (DIN: 00208604), Independent Director; 3. Ms. Purvi Sheth (DIN: 06449636), Independent Director. Mr. Gautam S Adani, Chairman of the Board; Mr. Karan Adani, Non- executive Director; Mr. Rajnish Kumar, Independent Director; Mr. Ameet Desai, Independent Director and Mr. Maheswar Sahu, Independent Director, were unable to attend the Meeting due to personal commitments. Mr. Rohit Soni, Chief Financial Officer, Mr. Manish Mistry, Company Secretary, were present at the Meeting. Representatives of the Statutory Auditors, Secretarial Auditors, legal counsel M/s Singhi & Co., and the Scrutinizers also attended the meeting in person or through VC. As the requisite quorum was present, the Chairman called the Meeting to order and welcomed the Members. The Company received four authorisations from the Promoter/Promoter Group, covering approximately 167.20 crore shares, representing 67.33% of the Company’s paid-up share capital. He further explained that since the meeting was conducted via VC/OAVM, the facility for appointing proxies by equity shareholders (including public shareholders) was not applicable. Consequently, the register of proxies did not need to be maintained, and therefore, the question of inspection does not arise. With the Members’ consent, the Notice convening the Meeting, the Explanatory Statement under Section 230 read with Section 102 of the Companies Act, 2013, and the relevant annexures, which had been circulated to the equity shareholders through permitted modes, were taken as read. The Chairman noted that the Members were aware of the resolution proposed at the Meeting. These documents were also available on the Company’s website. The Scheme of Amalgamation between ACC Limited and the Company (“Scheme”) was placed before the Equity Shareholders for consideration and approval. The Chairman informed the Equity Shareholders that the documents listed in the Explanatory Statement annexed to the Notice dated August 20, 2026, were available for inspection. The Company made all feasible arrangements to enable equity shareholders to participate in and vote at the recorded Meeting. Access to the Meeting and live webcast was provided on a first-come, first- served basis. Participants remained muted by default to prevent disruptions, and the Moderator unmuted registered speakers when invited to speak. Technical support was available through the helpline numbers specified in the Notice. Central Depository Services (India) Limited was engaged to facilitate participation through video conferencing and to provide remote e-voting and e-voting facilities. The Chairman further informed the Members that remote e-voting commenced on Thursday, September 24, 2026, at 9:00 a.m. IST (0900 hours) and concluded on Monday, September 28, 2026, at 5:00 p.m. IST (1700 hours). He also stated that e-voting would remain open for 30 (thirty) minutes after the Meeting concluded, enabling eligible equity shareholders who attended but had not voted remotely to cast their votes. The Chairman then invited the Equity Shareholders to share their views and raise questions on the Meeting’s agenda. Mr. Vinod Bahety, Wholetime Director and Chief Executive Officer, provided the necessary clarifications, responses, and information on the queries raised by the Equity Shareholders. The Chairman informed the Members that the NCLT had appointed Ms. Manvi Damle, Advocate, as Scrutinizer to conduct the remote e-voting and e-voting at the Meeting in a fair and transparent manner. The Chairman authorised the Company Secretary to declare the voting results. The Chairman thanked the Members for their support and cooperation and declared the Meeting closed at 1:17 p.m. Based on the consolidated Scrutinizer’s Reports dated September 29, 2026, the Members approved the resolution set out in the Notice dated August 20, 2026:  by the requisite statutory majority under Section 230 of the Companies Act, 2013; and  by the requisite statutory majority of Public Shareholders under the SEBI Master Circular dated June 20, 2023. ***** Annexure - II MANVI A. DAMLE Advocate 40-1 - 403, Atlantis One, Near Purple Patch Apartment, Soln Bhagwat Road, Science City, Sola, Ahmedabad -380060 • BA.LLB (Hons.). Email: damlen1anvi@gn1ail.con1 L.L.M. (Corpo.-ate <1nd Fin<111cial Laws) Phone No: + 91 8'L4072050l (G/ 4503/ 201S ) Report of Scrutinizer Mr. Manish Mistry, Company Secretary (Person Authorised by Chairman) Ambuja Cements Limited having its Registered Office at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382 421. Sub: Scrutinizer Report with respect to voti [Showing first 8,000 characters — download PDF for full document]