The Company has received a Show Cause Notice from the Office of the Assistant Commissioner of State Tax, Unit-86, Porbandar-360575 under Section 74(5) of Central Goods Services Tax Act, 2017 and Gujarat GST Act, 2017

Ref: B/SCL/SE/SS/274/2026-27 8th November 2026 BSE Limited, National Stock Exchange of India Corporate Relationship Manager, Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 001. Mumbai – 400 051. Stock Code : 502175 Stock Symbol : SAURASHCEM Dear Sir/Madam, Sub.: Disclosure under Regulation 30 read with Para B of part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, We would like to inform you that Saurashtra Cement Limited (“the Company”), has received a Show Cause Notice from the Office of the Assistant Commissioner of State Tax Unit-86, Old Court Compound, Near Jan-Seva Kendra, Porbanar-360575 under Section 74(5) of Central Goods Services Tax Act (“CGST”) Act 2017 / Gujarat GST Act, 2017. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with Schedule III of the Listing Regulations and in accordance with Industry Standards Note on Regulation 30 of the LODR Regulations read with SEBI Master Circular vide Ref. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 Issued on July 11, 2023, and Last updated on January 30, 2026 (the “SEBI Master Circular”) are given in Annexure A. Kindly take the same on your records. Thanking you, Yours faithfully For Saurashtra Cement Limited Jayshree D. Soni Company Secretary & Compliance Officer M.No.F-6528 Encl.: As Above Annexure A Sr. Particulars Details 1. Brief details of litigation/ A show cause notice under Section 74(5) dispute viz. name(s) of the of Central Goods Services Tax Act opposing party, court/ (“CGST”) Act 2017/Gujarat GST Act, 2017 tribunal/agency where was received at M/s Saurashtra Cement litigation is filed, brief details Limited, Ranavav issued by Office of the of dispute/litigation; Assistant Commissioner Of State Tax, Unit- 86, Old Court Compound, Near Jan-Seva, Porbandar-360575 for Non/Short payment of GST on Royalty / DMF Charges / NMET Charges / Dead/Surface Rent for FY 2022- As per SCN, the company is required to produce all the relevant documentary submission to Office of the Assistant Commissioner of State Tax, Unit-86, Old Court Compound, Near Jan-Seva Kendra, Porbandar-360575, for allegation for non- payment of Rs. 1,91,48,238/- [GST- 73,04,668/- + Interest-45,38,902/- + Penalty-73,04,668/-] (Rs. One crore ninety-one lakhs forty-eight thousand two hundred thirty eight only) 2. Expected financial Based on SCL’s assessment, the aforesaid implications, if any, due to demand is not maintainable. SCL is compensation, penalty etc.; evaluating this matter and will submit its reply within the prescribed time period. The Company does not envisage any relevant impact on the financial, operations or other activities of the Company. 3. Quantum of claims, if any; As described in point no. 1 above.