General Announcement::Investment in equity share capital

Issuer & Securities

Issuer/ Manager: ULTRATECH CEMENT LIMITED
Securities: ULTRATECHUS$400M2.8%N310216A - US90403YAA73 - MTZB
ULTRATECHUS$400M2.8%N310216R - USY9048BAA18 - WQ5B
Stapled Security: No

Announcement Title: General Announcement
Date &Time of Broadcast: 28-May-2024 01:04:10
Status: New
Announcement Sub Title: Investment in equity share capital
Announcement Reference: SG240528OTHRA37W
Submitted By (Co./ Ind. Name): Sanjeeb Kumar Chatterjee
Designation: Company Secretary and Compliance Officer
Description (Please provide a detailed description of the event in the box below): By our letter dated 15th April, 2022 we had informed you about UltraTech Cement Middle East
Investments Limited, ("UCMEIL") the Company s wholly owned subsidiary in UAE, investing in 29.39%
equity share capital of 'Ras al Khaimah Co. for White Cement and Construction Materials PSC',
("RAKWCT') a Company listed on the Abu Dhabi stock exchange.

We now write to inform you that UCMEIL has notified its intention of making a partial conditional cash
offer for acquiring 158,049,610 shares, representing 31.6% of the issued and paid-up share capital of
RAKWCT in accordance with Article 10 of the Decision of the Chairman of the Securities and
Commodities Authority s Board of Directors No. (18 / RM) of 2017, concerning the Rules of Acquisition
and Merger of Public Shareholding Companies (the "Takeover Code") of UAE, (the "Offer").

The offer period shall open from 28th May 2024 and remain open upto 24th June 2024.

Total size =183K