NSEGeneral Updates24 Aug 2026 · 24 Aug 2026, 03:10 pm

General Updates

The Ramco Cements Limited · RAMCOCEM

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The Ramco Cements Limited has informed the Exchange about General Updates - Intimation regarding cessation of Mineral Bearing Land Tax. The company will no longer pay Rs.160/- per tonne of limestone towards Mineral Bearing Land Tax in the State of Tamil Nadu, resulting in a reduction in operating costs and a favourable impact on profitability and cash flows.

Analysis Scores

Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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The Ramco Cements Limited has informed the Exchange about General Updates - Intimation regarding cessation of Mineral Bearing Land Tax

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RAMCOCEM_24082026151029_sesmblt.pdf

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Corporate Office: Auras Corporate Centre, V Floor, 98-A, Dr. Radhakrishnan Salai, Mylapore, Chennai – 600 004, India. Phone: +91-44 28478666, Fax: +91-44 28478676 Web Site: www.ramcocements.in THE RAMCO CEMENTS LIMITED Corporate Identity Number: L26941TN1957PLC003566 24 August 2026 National Stock Exchange of India Limited, Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 051. Symbol : RAMCOCEM BSE Limited, Floor 25, “P.J.Towers”, Dalal Street, Mumbai – 400 001. Scrip Code : 500260 Dear Sir, Subject: Intimation regarding cessation of Mineral Bearing Land Tax Pursuant to Regulation 30 of LODR, we wish to inform you that The Mines and Minerals (Development and Regulation) Amendment Act, 2026 (“MMDR”) has been enacted with a view, inter alia, to regulate and restrict the imposition of certain taxes, cess and other levies by State Governments in respect of mineral rights and mineral-bearing lands. The amendment provides restrictions on the imposition of any levy on mineral rights or mineral-bearing lands, except in accordance with such conditions or restrictions as may be prescribed by the Central Government. The Company has been incurring an amount of Rs.160/- per tonne of limestone towards Mineral Bearing Land Tax in the State of Tamil Nadu. The Company has so far paid Mineral Bearing Land Tax as follows: Period Amount – Rs. in crores 2025-2026 171.78 2026-2027 (Till date) 79.07 Registered Office: “Ramamandiram”, Rajapalayam – 626 117. Tamil Nadu THE RAMCO CEMENTS LIMITED In view of the provisions of the MMDR, the Company is not required to pay Rs.160/- per limestone, towards Mineral Bearing Land Tax, with effect from 22nd August 2026. The cessation of this levy is expected to result in a corresponding reduction in the Company's operating costs and consequently have a favourable impact on the Company's profitability and cash flows. Kindly take the same on record. Thanking you, Yours faithfully, For THE RAMCO CEMENTS LIMITED, K.SELVANAYAGAM SECRETARY