Spurt in Volume

Date: 20th August, 2026 National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Subject: Reply to clarification sought regarding significant increase in trading volume of the Company's equity shares Reference: Your e-mail/letter bearing Ref. No. NSE/CM/Surveillance/17382 dated 20th August, 2026 Dear Sir/Madam, This has reference to your above communication seeking clarification regarding the significant increase in the trading volume of the equity shares of the Company across the Stock Exchanges. In this regard, we wish to state as under: 1. The Company has been complying with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) and has made all disclosures relating to material events/information within the prescribed timelines. 2. The Company confirms that there is no material event, information, announcement or price-sensitive information which is pending for disclosure under Regulation 30 or any other applicable provisions of the SEBI LODR Regulations that, in the opinion of the Company, may have a bearing on the price or volume behaviour of the Company's securities. 3. The Company is presently not aware of any specific reason, which may have resulted in the sudden increase in trading volume of its equity shares. The increase in trading volume appears to be market- driven, and the Company has no control over the trading activities in its securities on the Stock Exchanges. 4. However, the Company proposes to make reasonable enquiries, to understand the circumstances leading to the sudden increase in trading volume. The Company will also continue to monitor the trading activity in its securities and, should any information or development come to its knowledge which requires disclosure under the applicable provisions of the SEBI LODR Regulations, the same shall be disclosed to the Stock Exchanges within the prescribed timelines. 5. The Company remains committed to ensuring timely, transparent and adequate disclosures in accordance with the applicable provisions of the SEBI LODR Regulations and other applicable laws. Kindly take the above information on record. Thanking you, Yours faithfully, For Mangalam Cement Limited Pawan Kumar Thakur Company Secretary & Compliance Officer