Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Publication of the Recommendation of the Committee of Independent Directors in newspaper in relation to Open Offer of India Cements Capital Limited.

IndiaC ernenCtsa pitaLli mited Regd. & Corp. Office : No.18/14, (312/14) Gee Gee Emerald, No.2C, 2D, 2nd Floor, Val:uvarkottam High Road, Nungambakkam, Chennai - 600 034. T : 91 44 4606 5183 www.iecaps.com Corporate Identity No. : L65191 TN1985PLC012362 Email : secr@iccaps.com October 23, 2026 BSE Limited Phiroze Jeejeebhoy Towers DalaI Street Mumbai- 400001 Dear Sir, Subject: Recommendation of the Committee of Independent Directors (hereinafter referred to as “IDC”) on the Open Offer to the Equity Shareholders of India Cements Capital Limited, (hereinafter referred to as “Target Company”/ “Target”/ “ICCL”) for the acquisition of 56,43,612 (Fifty-Six Lakhs Forty-Three Thousand Six Hundred Twelve) Equity Shares of the Target Company We are pleased to inform that Recommendation of the Committee of Independent Directors dated October 22, 2026, made pursuant to Regulation 26(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, has been published on October 23, 2026, in the same newspapers where the Detailed Public Statement (“DPS”) of the Open Offer was published viz: 1. Financial Express-English (All editions) 2. Jansatta-Hindi (All editions) 3. Pratahkal-Marathi- (Mumbai Edition) and 4. Makkal Kural-Tamil- (Chennai Edition) Further, a soft copy of the Recommendation of the Committee of Independent Directors in PDF format is attached herewith for your records. You are requested to take this information on record. Thanking You, Yours faithfully, For Inldia Cements Capital Limited Company Secretary CHENNAI 23– 10– 2026 554412016; +966-542126784 மற்றும் 8002471234 இலவெ Regi. Off. : The Ruby 11th Floor, North – West Wing, Plot No The boA rrs o wp ee rr s R /cu ol -e b o8 r( r1 o) w o ef r sS /e gc uu arr ait ny t oIn rசுste /mreவos rtt g (ாaE gதீn of ro sனr ce mம்m ee n n tஅiot) n R eduறி le hsவிe, r 2 e0 uப்0 n2 dபுer had availed financial assistance/loan from Fedbank Financial Services Limited (“Original [Lசen�deாr”)த். Tதுhe s aமீid தloaாn, னtoge உtherரி wiமth alைl un (deஅrlyinைg sலecuாriகty i்கnte)re sவிt anதிd a்கll riள்ghts,, 2002–ன் விதி 8(1)] title and interest of the Original Lender therein, was assigned by the Original Lender கீRuழn eேd ce o r nகு sth tறிre u ப்cp tபிir oo nvட i Csப்i oo்பmnsட்p aoடுnf yளt h Le்ளim S itகA eRடd(F “னA ISE்ASதாRIர CAர”கc ),tள , a 2 c/t0 in0உg2 ட, i niனn i tsf a கcv aoடpu aனr co i்tf y தா I anரsdர iகta hள eS /TM ruEஉs tAதes e்s ரoeவft தா்்தாரரகள/ அடமதான்தாரரகள ்பRRதாeeதுcc oகo nnதாsப்s trtபுr uu c c tit oஉio n nரிo fப C Foமinm aகnpளca i an ly மA sற்L siறுm eti sமt e a d n( dஅ“ I ESசnAல்foR rC ceஆ”) m ரeuமnn td்ப oeதfr S திt ehல்ce u riS tகye டIc nu tனer rit eis sவta Atேi co tங்n , 2கிa 0n 0ய2dவ ரின அபனதது உரிபமகள, ப2 Kச8 u.யm10ல்a. r2 ்ப(0 Bடு2 o5 rம rc oa wlஇl ein rந்g ), தி u Np aயo ln iாn t i(hஎCeஸ்o b -o Bஎr oமro rஇrw oe w rஅes r/ச)c o toெ- bட்reo prரீr aoகyw னte hr eஸ்s / agட்mu்ரa oக்ஷr ua nn t னt mor e sகn/m tமiooசnrt e்பg daனி ig no tr hலிs e A மிnd oaசtr ics்டehட் டிற்கு (“ISARC”) ஆரம்பததில் சீt Tரh hபe e d மa btதoe r ்o rofல் r we ecமre si /ற்p ct oறு o -f b மt oh re rக os waடi edனீr n s/oட்gt uiடுc ae rச்s a. ntபorசsதா/mதoதுrt gaமீg்orதாsன h aஉvinரிgப faமil eஅd மtoல reதாpக்aகyச் thசeட் டததின கீழும, ழமற்பசதானன அe rexபae dசrc ட்wis ie th ரீo Rகf p uனo lewஸ் 8e ட்r os f ர c tக்ஷho en fe Sனr er e cudகr மio tynப Ih n்பi tm eனிr u en s tdலி e (r Eமி s nuபfb o-டrs ce eட்c mடிti eoனnn t )( 4 R() u“o lIeSf ssA,eR 2cCt 0i”o 0)n 2 1 rகீu3 lழ் eo sக்f t oபh ne க tA hபc istய தாப்்பமிட்ட அங்கீகரிக்கப்்பட்ட redeem secured assets ழpகroட்pடுertக்y wபillக bதாeண் suடிbjeருctந் t்o தாthரe. charge of India SME Asset Reconstruction Company Limited(“ISARC”) for an amount of Rs. 31,47,755/- as on dated 20-10-2026 (Rupees அPS lறிC oH tவி E ND oக்.Uக11Lப்1E 1்ப -“டுE1 w”வ: s- துA - ll B tய h Teதாy பp pi ee்,c னிe C oaல்mnd,p rpகீisaழerc dேe l I noப f SLக.a Nபn odய. 1Aதா3nப்0d /்ப 2P மிr Po aட்p ro tடு,s e Mளd e ்ளB au sவi uld rரii nn gg ,அ WBட்e ita hடr i Anவg n பையில் குறிப்பிடப்்பட்டுள்ள அt Shனoa ut றுtis h t -o த3 sந a M்ரy eடி: tE e சுa r s Rவt o-ா aPதீdloன, t M Nமeo aஎ. s1டு1 u1 rதi0 n,து gW :க்Ee s aபt s - tக P Tதாoloண் Wt N eoடs. t தா1 Oர11.n 2 T,N heo r Nth o - r P thl eo rt nN Sos id. e1 0 49 .08 0 & M 1 e0 t9 e9 r, , உRSதi etu g்a isரt teவrad tதா io்w n்i t Dhதாi iரn sரt rகit chளte o /f s Tஅu hb irட- ure vமagதாli ls uனt rr .a்tiதாoரnர கdளுistrக்icகுt o இf T்hனiru vமூalலlurம J அoinபt Iே ப்anபுd விin டுthக்eக ப்்படுகி்றது. www. pratahkal.com सरीआयएन : U67100MH2007PLC174759