Outcome of the Board Meeting held today on 27th July, 2026.

A SUBSIDIARY OF SHIVA ~Cement Date: 27th July, 2026 BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code – 532323 Sub: Outcome of the Board Meeting dated July 27, 2026 Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Dear Sir / Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that the Board of Directors (“Board”) at its meeting held today i.e. 27th July, 2026 has, inter-alia, approved the Unaudited Standalone Financial Results of the Company for the Quarter ended on June 30, 2026. A copy of the said Financial Results containing disclosures required under Regulations 30 and other provisions of the Listing Regulations, as applicable, together with the Limited Review Report of M/s Shah Gupta & Co., Chartered Accountants, Mumbai, the Statutory Auditors is enclosed. This intimation will also be available on the website of the Company at https://shivacement.com/ The meeting of the Board of Directors commenced at 2:00 PM (IST) and concluded at 5:15 PM (IST). This is for your information and record. Thanking you. For Shiva Cement Limited Ishika Sharma Company Secretary & Compliance Officer SHIVA CEMENT LIMITED CIN L26942MH1985PLC470630 Registered Office address- Jindal Mansion, 5A, DR. G, Deshmukh Marg, Mumbai,400026,Maharashtra. E-mail-id: cs@shivacement.com | Phone (Off.): +91-2242861000| Website: www.shivacement.com Shiva Cement Limited Registered Office : Jindal Mansion, SA, Dr. G. Deshmukh Marg, Mumbai,400026, Maharashtra Corporate Identity Number (CIN): L26942MH1985PLC470630 Statement of Unaudited Financial Results for the Quarter ended June 30, 2026 (~ in lakhl Quarter Ended Year Ended Sr No. Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Audited) (Unaudited) (Unaudited) (Audited) Refer note -7 I Revenue from ooerations 15,149.42 12,136.10 10,560.79 43,516.77 II Other income 106.10 128.57 124.42 542.08 Ill Total Income (1+11) 15,255.52 12 264.67 10 685.21 44 058,85 IV Expenses Cost of materials consumed 2,952.01 3,132.37 2,406.85 11,564.91 Changes in inventories of finished goods, work-in-progress 1,246.66 (234.94) 2,034.78 828.76 Employee benefits expense 749.82 566.13 679.67 2,759.53 Finance costs 3,495.65 3,471.90 3,029.69 13,104.06 Depreciation and amortisation expense 1,121.67 1,079.61 988.03 4,175.14 Power and fuel 4,748.07 4,015.33 3,635.49 16,592.60 F reiaht and forwardina exoense 779.25 1,173.98 1,013.09 3,875.32 Other expenses 2,808.12 2,407.56 988.91 6,542.24 Total Expenses IIVI 17 901.25 15 611.95 14 776.51 59,442.56 V Loss before exceptional items I111-IVI 12,645.73 13,347.28 14 091.301 115 383.71 VI Exceptional items [Refer note-4I .(18.72 (186.04 VII Loss before tax (V+Vll 12,645.73 13,366.00 14,091.30 (15,569.75 VIII Tax Exoense Current tax Deferred tax (510.95) (502.89) (1,063.75) (3,016.50) IX Net loss for the oeriod/vear /VII-VIII) 12,134.78 12 863.11 13 027.55 112 553.25 X Other comprehensive income/(loss) i) Items that will not be reclassified to profit and loss 99.32 9.21 (4.10) 29.47 ii) Income tax relating to items that will not be reclassified (25 82) (2.39) 1.06 (7.66) to profit/(loss) Total other comprehensive incomel(loss\ 73.50 6.82 (3.04) 21.81 XI Total comprehensive loss for the period (IX+Xl (2,061.28 (2,856.29) (3,030.591 (12,531.44 XII Paid-up equity share capital (Face Value~ 2/-Per Share) 5,900.00 5,900.00 5,900.00 5,900.00 XIII Other Equity (8,095.44) XIV Earnings per share (of~ 2/-each, fully paid up) (Not annualised for the quarter) Basic and Diluted in ~ (0.72 I0.97 (1.03 14.26 Notes: 1 The unaudited financial results of the company for the quarter and year ended June 30, 2026 have been reviewed by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on July 27, 2026. The Statutory auditors of the company have carried out a limited review of the results for the quarter ended June 30, 2026. 2 The unaudited financial results of the company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under section 133 of the Companies Act. 2013 read with Companies (Indian Accounting Standards) Rules, 2015 (as amended) and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Requirements"). 3 The Company is primarily engaged in the business of manufacturing and sale of Cement and Cement related products, hence has only one reportable operating segment as per IND AS 108 -Operating segment 4 Exceptional items comprise of the following: (~ in lakh) Quarter ended Year ended Exceptional Items 30.06.2026 I 31.03.2026 I 30.06.2025 31.03.2026 Impact of Labour codes on employee benefits I (18.72)1 (186.04) Total . I (18.72)1 (186.04) 5 During the quarter ended June 30, 2026, the Company ,ncurred a loss of Rs. 2,134.78 lakhs, and as at June 30, 2026, the accumulated losses amounted to Rs. 59,979.91 lakhs, resulting in indicators that may cast significant doubt on the Company's ability to continue as a going concern. However, management has assessed the Company's future business plans and cash flow projections, which include improved operational performance from the newly commissioned grinding unit, commencement of dolomite mining operations following receipt of the Consent to Operate (CTO). and implementation of strategic business initiatives. Based on these factors and the projected future cash flows, management believes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business. Accordingly, these financial statements have been prepared on a going concern basis. 6 As on June 30, 2026 the company has reassessed its Net deferred tax assets recognised in earlier years, based on updated management strategies and business plan. On the basis of such assessment the company has reversed opening deferred tax assets of Rs. 128.78 Lakhs which corresponds to unabsorbed losses to the extent not available for utilization in future. As at June 30, 2026, the Company recognized its deferred tax assets to the extent it is reasonably certain of its utilization based on updated future projections 7 The figures for the quarter ended March 31, 2026 are the balancing figures between the audited figures upto the year ended March 31, 2026 and reviewed published figures upto the nine-months ended December 31, 2025. 8 The figures for the previous periods and year have been regrouped/ reclassified/ wherever necessary in order to make them comparable with figures for the quarter and year ended June 30, 2026. Place Mumbai Date 27.07.2026 Shah Gupta & Co. Bombay Mutual Building, Tel: + 91(22) 4085 1000 2nd Floor, Dr. D N Road, Fort, Email contact@shahgupta.com Mumbai – 400 001 Web: www.shahgupta.com Chartered Accountants Independent Auditors’ Review Report on the quarterly unaudited financial results of the Company pursuant to the Regulation 33 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors Shiva Cement Limited 1. We have reviewed the accompanying Statement of Unaudited Financial Results of Shiva Cement Limited (the “Company”), for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company, pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). 2. The Company’s Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” prescribed under section 133 of the Companies Act, 2013 as amended [Showing first 8,000 characters — download PDF for full document]