ACC Ltd

Meeting Details

• Dates: Sept 7–9, 2026; Physical 1-on-1 and group meetings in London (7–8) and Abu Dhabi (9).

Participants

• Key participant: Company Secretary & Compliance Officer; other attendees not specified.

Purpose

• Purpose: Intimation of investor/analyst interaction at Adani Annual Conference 2026.

Additional Notes

• Event/organiser: Adani Annual Conference 2026.

Meeting Details

• Date and time: August 19, 2026, 11:00 a.m.–5:00 p.m. (local).
• Mode: physical; type: 1x1 and group meetings.
• Event/organiser: Motilal Oswal Investor Conference.
• Venue: Mumbai.

Participants

• Key company participants: Company Secretary & Compliance Officer.

Purpose

• Purpose: investor interaction; discussions limited to publicly available information.

Regulatory update

• Administrative warning from SEBI for incomplete insider information in SDD.
• SEBI letter dated July 31, 2026; received via NSE on Aug 4, 2026.
• No financial or operational restrictions imposed; ACC to strengthen compliance and monitoring.
• Warning relates to actions by erstwhile Company Secretary and Compliance Officer for insider information handling.

Scheme overview

• Amalgamation of the Amalgamating Company into the Amalgamated Company as a going concern.
• Appointed Date for effectiveness: 01-01-2026; dissolves the Amalgamating Company on completion.
• Related party transaction; Amalgamated Company is the holding company of the Amalgamating Company.
• Share exchange ratio not disclosed; new equity shares to be issued to ACC shareholders.

Approvals and status

• NCLT order pronounced on 29-07-2026 directing equity shareholder meetings.
• Meetings set for 29-Sep-2026 via VC/OAVM for both companies’ equity holders.
• No meetings for secured or preference creditors; unsecured creditors meeting dispensed with.
• Stock exchanges granted no-objection; listing status unaffected.

Financial impact

• Pre-disclosure share exchange ratio unavailable in the filing.
• Amalgamated holds 50.05% of Amalgamating as of 31-May-2026.
• Standalone excess assets over liabilities: Amalgamating Rs 20,416.35 Cr; Amalgamated Rs 52,558.01 Cr.
• Projected excess assets post-scheme: Rs 69,072.53 Cr.
• Unsecured debt outstanding: Amalgamating Rs 4,950.67 Cr; Amalgamated Rs 12,339.70 Cr.
• No reduction or extinguishment of unsecured creditors under the scheme.

Business Overview

• Ambuja Cements capacity stands at 109 MTPA; target 119 MTPA by FY27.
• Part of ACC's cement platform with nationwide footprint across 31 states.
• Strategic emphasis on value-led growth and premium/blended cement mix.

Key Operational Highlights

• Q1 FY27 cement volume: 17.1 MnT; YoY down 7%, QoQ down 14%.
• Trial production began at Dahej 1.2, Salai Banwa 2.4, Bathinda 1.2, Jodhpur 2.0 MTPA.
• Upcoming trials: Kalamboli 1.0, Warisaliganj 2.4; Maratha line 4.0 MTPA in 2027.
• Cost reduction of Rs 206/PMT sequentially; FY27 target ₹4,250 PMT.
• Trade cement share 78%; premium cement 34%; blended cement 85%.

Financial Performance

• Revenue from operations ₹9,500 Cr; EBITDA ₹1,589 Cr; PAT ₹660 Cr.
• EBITDA margin 16.7%; EBITDA/PMT ₹931; QoQ margin up from 13.4%.
• Normalised PAT ₹595 Cr; Volume 17.1 MnT.

Capital Structure & Liquidity

• AAA/A1+ credit ratings from CRISIL and CARE.
• Cash and cash equivalents ₹1,770 Cr (Mar-26); Total assets ₹89,607 Cr; Total equity ₹71,846 Cr.

Strategic Priorities & Outlook

• Capex funded by healthy cash flows; capex programme sustained.
• In-Plant Automation and IoT-based reliability to boost productivity.
• Capacity expansion to 119 MTPA by FY27; strong value mix.

Risks & Mitigation

• West Asia tensions raise fuel and packaging costs; mitigated by optimization and higher blended cement.
• Packaging costs up 25–30% in Q1 FY27.

Governance & Leadership

• Board governance emphasizes independence; statutory committees chaired by independent directors.
• Tenure limits and gender-diversity targets; enhanced governance framework.

Meeting Details

• Date: July 28, 2026; post-results investor/analyst call.

Purpose

• Discuss unaudited Q1 FY27 results for quarter ended June 30, 2026 and business outlook.

Dematerialisation/rematerialisation status

• KFin certifies details of dematerialisation/rematerialisation were furnished to all stock exchanges for quarter ended 30 June 2026.
• NSDL/CDS confirm furnishing details to all stock exchanges.

Meeting Details

• Meeting scheduled for July 24, 2026 (time and venue not disclosed)

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ending June 30, 2026

Other Notes

• Trading window closed from July 1, 2026, reopening 48 hours after results on July 24, 2026
• Investor/analyst call scheduled for July 28, 2026 to discuss results and outlook

Senior Management Change

• Resignation of Ms. Madhavi Isanaka as Chief Digital Officer, effective close of business on June 30, 2026.
• Reason: as stated in the attached resignation letter.