Statement of deviation(s) or variation(s) under Reg. 32

July 28, 2026 National Stock Exchange of India BSE Limited Luxembourg Stock Exchange Limited Scrip Code: AMBUJACEM Scrip Code: 500425 Code: US02336R2004 Sub.: Submission of Statement of deviation(s) or variation(s) pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations). Dear Sir / Madam, With reference to the above captioned subject, we wish to confirm that there are no deviation(s) or variation(s) in the use of proceeds of preferential issue of equity shares (on conversion of warrants) pursuant to Regulation 32 of SEBI Listing Regulations for the quarter ended on June 30, 2026. A statement in this regard, duly reviewed by the Audit Committee of the Company at its meeting held today, i.e. July 28, 2026, is enclosed. The disclosure is also available on the website of the Company at www.ambujacement.com You are requested to take note of the same. Thanking you, Yours Sincerely, For Ambuja Cements Limited Manish Mistry Company Secretary & Compliance Officer Encl.: as above 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 STATEMENT OF DEVIATION/ VARIATION IN UTILISATION OF FUNDS RAISED THROUGH PREFERENTIAL ISSUE, FOR THE QUARTER ENDED JUNE 30, 2026. Name of listed entity Ambuja Cements Limited Mode of Fund Raising Preferential Issue Date of Raising Funds 17th April 2024* Amount Raised Rs 15000.046 Crores Report filed for the quarter ended June 30, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds Not Applicable If yes, whether the same is pursuant to Not Applicable change in terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after No Comments Comments of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following table Amount of Funds Deviation/Variatio Modified Modified Object, if Original Utilised till n for the quarter Original Object allocation, if Remarks if any* any Allocation June 30, according 2026 to applicable object Capital expenditures, de-bottlenecking -------- Rs 15000.046 -------- Rs Nil -- capital expenditure, logistics Crores 15000.046 infrastructure, digitizing logistics, Crores optimizing plants to accelerate ESG compliance, acquisitions, consolidation, workingcapitalrequirements,investment in technology and for general corporate purpose * The Company raised funds in two tranches, i.e. Rs. 6660.946 crores as a part of Tranche-1 on 28th March, 2024 and Rs. 8339.099 Crores as a part of Tranche -2 on 17th April, 2024. Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc Name of Signatory : Manish Mistry Designation: Company Secretary & Compliance Officer Membership No.: FCS-8373 Place : Ahmedabad