Letter of Offer dated October 14, 2026 ("LOF") in relation to the Open Offer to the public shareholders of the Company issued by Fintellectual Corporate Advisors Private Limited("Manager to the Open Offer")

IndiaC emenetsa pitaLli mited Regd. & Corp. Office : No.18/14, (312/14) Gee Gee Emerald, No.2C, 2D, 2nd Floor, Valluvarkottam High Road, Nungambakkam, Chennai - 600 034. T : 91 44 4606 5183 www.iccaps.com Corporate Identity No. : L65191 TN1985PLC012362 Email : secr@iccaps.com SH/ 21.10.2026 BSE Limited Corporate Relationship Dept. First Floor, New Trading Ring, Rotunda Building, Phiroze Jeejeebhoy Towers DalaI Street, Fort MUMBAI - 400 001 Scrip Code: 511355 Dear Sirs, Sub: Disclosure under Requlation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Requlations, 2015 Ref: 1. Letter of Offer dated October 14, 2026 (“LOF”) in relation to the Open Offer to the public shareholders of the Company issued by Fintellectual Corporate Advisors Private Limited (“Manager to the Open Offer”} 2. Our letter dated August 7, 2026. We wish to inform you that the Company has received today, October 21, 2026, a copy of the Letter Of Offer dated October 14, 2026 ("LOF") in relation to the Open Offer to the public shareholders of the Company (as defined under the LOF) issued by Fintellectual Corporate Advisors Private Limited ("Manager to the Open Offer"), for acquiring the equity shares of the Company as per the requirements of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. A copy of the LOF received by the Company is enclosed herewith. You are requested to take this information on record. Thanking you, Yours faithfully for INDIA pEMENTS CAPITAL LIMITED . COMPANY SECRETARY End.: as above FINTE LLECTUAL CORPORATE ADVISORS (SEBI Registered Category I Merchant Banker) Date: October 21.,2026 The Board of Director, India Cements Capital Limited No.18/14, (312/14) 2c &.2d, Gee Gee Emerald, 2nd Floor, Valluvar Kottam Highroad, Nungambakkam, Chennai, Tamil Nadu-600034. Dear Sir, SUBIECT: OPEN OFFER FOR ACQUISITION OF UPTO 56,43,612 (FIF"[Y SIX LAKHS FORTY THREE THOUSAND SIX HUNDRED TWELVE) EQUITY SHARES FROM THE SHAREHOLDERS OF INDIA CEMENTS CAPITAL LIMITED (HEREIN AF"TER REFERRED TO AS 'TARGET COMPANY"/ "TARGET") BY MR. SANDEEP JAIN, MR. VIKAS GARG AND MR. RAHUL NAGAR (HEREINAtrTER 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 74,2026, 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. Thanking You, Yours faithfully Iror Fintel 'ate Advisors Private Limited Director DIN:09081387 FINTELLECTUAL CORPORATE ADVISORS PRIVATE LIMITED O n"g. Office: S-15, First Floor, Sapient House, Okhla lndustrial Area Phase-ll, New Delhi-110 020 Cl N : U 7499 9DL2021 PTC37 7 7 Q Corporate Office: B-20, Second Floor, Sector-l, Noida, Uttar Pradesh-201 301 @ info@fi ntellectualadvisors.com valuations@fi ntellectualadvisors.com @ www.fi ntel lectua ladvi sors.com $ fe t : +9\-L2O-4255080 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 O [Showing first 8,000 characters — download PDF for full document]