Fintellectual Corporate Advisors Private Limited ("Manager to the Open Offer") has submitted to BSE a copy of Letter of Offer for the attention of the Public Shareholder(s) of India Cements Capital Ltd ("Target Company").

6llh]Jslbh="ffiH*h Date: October 21.,2026 The Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 India Cements Capital Limited (Scrip Code:511355) Dear Sir, SUBIECT: OPEN OFFER FOR ACQUISITION OF UPTO 56,43,612 (FIFTY SIX LAKHS FORTY THREE THOUSAND SIX HUNDRED TWELVE) EQUITY SHARES FROM THE SHAREHOLDERS OF INDIA CEMENTS CAPITAL LIMITED (HEREIN AFTER REFERRED TO AS "TARGET COMPANY'7 "TARGET") BY MR. SANDEEP JAIN, MR. VIKAS GARG AND MR. RAHUL NAGAR (HEREINAF"IER REFERRED TO AS "ACQUIRERS') ALONGWITH MRS. NEHA AGARWAL IN HER CAPACITY AS PERSONS ACTING IN CONCERT WITH THE ACQUIRERS ("PAC"). We are pleased to submit Copy of Letter of Offer ("LOF") dated October L4, 2026, pursuant to, and in compliance with the applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Kindly take the above information on your records and disseminate the Letter of Offer on the website of BSE Limited. Thanking You, Yours faithfully, For Fintellectual Cor Advisors Private Limited t Puri Director DIN:09081387 LIMITED FINTELLECTUAL CORPORATE ADVISORS PRIVATE \ on"c.office:S-15,FirstFloor,SapientHouse,okhlalndustrialAreaPhase-ll,NewDelhi-11oozo Q Corporate Office: B-20, Second Floor, Sector-1, Noida, Uttar Pradesh-201 301 @ infoOfi ntellectualadvisors.com valuations@fi ntellectualadvisors.com @ wwwfintellectualadvisors.com $ fel: +9L-L2O-4266080 LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This Letter of Offer is being sent to you as a Public Shareholder(s) of India Cements Capital Limited (hereinafter referred to as “ICCL” or “Target Company” or "Target"). If you require any clarifications about the action to be taken, you may consult your Stock Broker or Investment Consultant or Manager/Registrar to the Offer. In case you have recently sold your shares in the Company, please hand over the Letter of Offer and the accompanying Form of Acceptance cum Acknowledgement and Transfer Deed to the Member of Stock Exchange through whom the said sale was effected. Open Offer by Mr. Sandeep Jain (“Acquirer 1”) Address: 115C, Pkt-1, Sector-18, Rohini Sector-15, Delhi-110089 Tel. No.: 9212706080; Email Id: jainsandeepca@yahoo.com Mr. Vikas Garg (“Acquirer 2”) Address: 3102, 31st Floor, Catania Tower, Mahagun Mezzaria, Sector-78, Noida, Uttar Pradesh-201301 Tel. No.: 9910028638; Email Id: vikas.garg@kredmint.com Mr. Rahul Nagar (“Acquirer 3”) Address: House Number 585, Sector 7B, Sector 7, Faridabad, Haryana-121006 Tel. No.: 9899389443; Email Id: rahul.nagar@kredmint.com ALONG WITH Mrs. Neha Agarwal (“PAC”) Address: House Number 72, First Floor, H-Block, Pocket 3, Rohini Sector 18, Delhi-110085 Tel. No.: 9990139200; Email Id: neha.arco@gmail.com to the shareholder(s) of INDIA CEMENTS CAPITAL LIMITED Registered office: No.18/14, (312/14) 2c & 2d, Gee Gee Emerald, 2nd Floor, Valluvar Kottam Highroad, Nungambakkam, Chennai, Tamil Nadu-600034 Telephone No.: 044 46065183 ; Email Id: secr@iccaps.com; Website: www.iccaps.co.in To acquire upto 56,43,612 (Fifty-Six Lakhs Forty-Three Thousand Six Hundred Twelve) Fully Paid-up Equity Shares of face value of ₹10 each ("Offer Shares"), representing in aggregate 26% of the voting share capital of the Target Company at a price of ₹12/- (Rupees Twelve Only) (“Offer price”) per fully paid-up Equity Share, payable in cash. Please Note: 1. This Offer is being made by the Acquirers and the PAC pursuant to regulation 3(1) and regulation 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations”). 2. This Open Offer is not conditional upon any minimum level of acceptance in terms of regulation 19 of SEBI (SAST) Regulations. 3. This Open Offer is not a competing offer in terms of regulation 20 of the SEBI (SAST) Regulations. There has been no Competing Offer as on the date of this Letter of Offer. 4. As on the date of this Letter of Offer, except of being in receipt of necessary approval from SEBI, inter-alia for change in control and management of India Cements Investment Services Limited, a subsidiary of the Target Company in pursuance of this Offer and purchase of Equity Shares pursuant to the Share Purchase Agreement (term defined below), necessary statutory approval required for the Offer has been obtained. Further, approval from the Reserve Bank of India (“RBI”) has been received vide RBI’s letter dated Wednesday, September 30, 2026. However, in case any statutory approval(s) is required or become applicable at a later date prior to completion of the Offer, this Offer would be subject to the receipt of such approval(s) and necessary applications for such approvals shall be made. For more details regarding the statutory and other approvals for this Offer, please refer to the paragraph 7.4 on page no. 25 of this Letter of Offer. 5. If there is any upward revision in the Offer Price/Offer Size by the Acquirers at any time up to 1 (One) Working Day prior to the commencement of the Tendering Period i.e. up to Monday, October 26, 2026, or in the case of withdrawal of offer, the same would be informed by way of the Public Announcement in the same newspapers where the original Detailed Public Statement has appeared. Such revision in the Offer Price would be payable by the Acquirers for all the Offer Shares validly tendered anytime during the Tendering Period of the Open Offer. 6. A copy of the Public Announcement, the Detailed Public Statement, Draft Letter of Offer and Letter of Offer (including Form of Acceptance cum Acknowledgment) are also available on SEBI’s website at www.sebi.gov.in. MANAGER TO THE OFFER REGISTRAR TO THE OFFER FINTELLECTUAL CORPORATE ADVISORS PRIVATE LIMITED SKYLINE FINANCIAL SERVICES PRIVATE LIMITED SEBI Registration No.: INM000012944 SEBI Registration No.: INR000003241 Corp. Off.: B- 20, Second Floor, Sector -1, Noida, Regd. Off.: D-153 A, 1st Floor, Okhla Industrial Area, Phase-I, Uttar Pradesh- 201301 New Delhi-110020 Tel. No.: +91-120-4266080 Tel No.: 011-40450193-97 Contact Person: Mr. Amit Puri Contact Person: Mr. Anuj Rana E-mail: info@fintellectualadvisors.com Email id.: ipo@skylinerta.com Website: www.fintellectualadvisors.com Website: www.skylinerta.com Offer Opening Date Offer Closing Date Wednesday, October 28, 2026 Wednesday, November 11, 2026 SCHEDULE OF THE ACTIVITIES PERTAINING TO THE OFFER Tentative Schedule of Activities Original Schedule of Activities Revised Schedule of (Day and Date*) Activities (Day and Date*) Date of the Public Announcement Friday, July 24, 2026 Friday, July 24, 2026 Last date of publication of the Detailed Public Statement Friday, July 31, 2026 Friday, July 31, 2026 Last date of filing of the Draft Letter of Offer with SEBI Friday, August 07, 2026 Friday, August 07, 2026 Last date for a Competing Offer^ Friday, August 21, 2026 Friday, August 21, 2026 Last date for receipt of comments from SEBI on Draft Monday, August 31, 2026 Friday, October 09, 2026 Letter of Offer (in the event SEBI has not sought clarifications or additional information from the Manager to the Open Offer) Identified Date# Wednesday, September 02, 2026 Tuesday, October 13, 2026 Last date by which Letter of Offer will be dispatched to Wednesday, September 09, 2026 Wednesday, October 21, 2026 the Shareholders Last date by which an independent committee of the Friday, September 11, 2026 Friday, October 23, 2026 Board of Target Company shall give its recommendation Last date for revising the Offer Price/ Offer Size Tuesday, September 15, 2026 Monday, October 26, 2026 Advertisement of Schedule of Activities for Open Offer, Wednesday, September 16, 2026 Tuesday, October 27, 2026 status of statutory and other approvals in newspaper (Offer Opening Public Announcement Date) Date of commencement of tendering period (Offer Thursday, September 17, 2026 Wednesday, October 28, 2026 [Showing first 8,000 characters — download PDF for full document]