The Ramco Cements Ltd

Mineral Bearing Land Tax cessation

• MMDR Amendment enables cessation of Mineral Bearing Land Tax on limestone, effective 22 August 2026.
• Company had been paying Rs 160 per tonne as Mineral Bearing Land Tax.
• Payments recorded: 2025-2026 Rs 171.78 crore; 2026-2027 to date Rs 79.07 crore.
• Cessation expected to reduce operating costs and improve profitability and cash flows.
• No governance or management changes announced as part of this update.

AGM details

• Date: 20-08-2026; Start 10:00 AM, End 10:43 AM
• Mode: Video Conferencing (VC)
• Record date: 13-08-2026

Resolutions put to vote

• Ordinary: Adopt standalone and consolidated financial statements and reports.
• Ordinary: Dividend of Rs 2.50 per share.
• Ordinary: Reappointment of Shri P.R. Venkatrama Raja; retires by rotation.
• Ordinary: Cost Auditor remuneration Rs 7.50 lakh to Geeyes & Co.

Voting results

• Resolution 1 passed; 99.99999% in favour, 0.00001% against.
• Resolution 2 passed; 99.99999% in favour, 0.00001% against.
• Resolution 3 passed; 97.15731% in favour, 2.84269% against.
• Resolution 4 passed; 99.99938% in favour, 0.00062% against.

Dividend detail

• Dividend of Rs 2.50 per share for FY2025-26.

Director changes

• Shri P.R. Venkatrama Raja reappointed as Director; retires by rotation.

Auditors

• Cost Auditor remuneration Rs 7.50 lakh for 2026-27; M/s Geeyes & Co.

AGM Details

• AGM held on 20 August 2026 via video conferencing.
• Time: 10:00 AM to 10:43 AM.
• Dividend record date fixed as 13 August 2026.
• Remote e-voting from 17 to 19 August 2026; voting closed 10:59 AM.
• 83 members attended via VC.
• Quorum confirmed; registers made available electronically.

Key Resolutions

• Adoption of separate and consolidated audited financial statements for year ended 31 March 2026.
• Dividend of Rs 2.50 per share for year ended 31 March 2026.
• Reappointment of Shri P.R. Venketrama Raja as director liable to retire by rotation.
• Ratification of Rs 7.50 lakh remuneration to M/s Geeyes & Co. as Cost Auditors for 2026-27.

Voting & Other

• Voting results to be announced to stock exchanges and displayed on the company website.
• Certificate on ESOP implementation obtained; disclosures posted on company website.

Meeting Details

• Date: 13 August 2026; Time not specified.
• Type/Mode: group investor meet conducted via video conference.
• Organizer: Equirus Securities Private Limited.
• Company participants: not disclosed in filing.

Participants

• Key company management participants not disclosed.

Purpose

• Purpose: investor meet for engagement with investors.

Additional Notes

• No recording, transcript, or presentation availability mentioned.

Meeting Details

• Date: 13 August 2026; format: one-on-one investor meeting.
• Time: not disclosed.
• Venue: Sofitel, BKC, Mumbai.
• Organizer: Equirus Securities Private Limited.

Participants

• Company management participants: not disclosed.
• Investor attendees: Bandan MF, BajajLife, HDFC MF, Motilal Oswal MF, ICICI Pru MF.

Purpose

• Purpose: one-on-one investor interaction with fund managers.

Additional Notes

• Recordings: no audio recording or transcript filed.
• Investor Update for 1QFY27 filed 07 Aug 2026; available on company site.

Encumbrance creation on promoter shares

• Pledge created on 6,32,000 Ramco Cements shares in favour of Tata Capital Limited.
• Existing pledge of 11,05,800 Ramco Cements shares remains in place.
• Total pledged shares after event: 17,37,800.
• Promoter group includes Rajapalayam Mills Limited and Ramco-promoter entities.
• Borrowing security; lender: Tata Capital Limited.
• End-use of funds not disclosed.
• Promoter disclosure date: 24-07-2026.
• Promoter group entities include Ramco Industries Limited and The Ramaraju Surgical Cotton Mills Limited.
• Other related promoters include Sri Vishnu Shankar Mill Limited and Sudharsanam Investments Limited.
• Entity in favour: Tata Capital Limited.

Encumbrance release details

• Target: The Ramco Cements Limited.
• Encumbrance type: Pledge released on promoter shares.
• Shares encumbered before: 10,05,54,774 (42.56%).
• Shares encumbered after: 2,17,12,489 (9.19%).
• Shares released: 4,70,000 shares.
• Event date: 24-07-2026, release of pledge.
• Promoter releasing entity: Rajapalayam Mills Limited.
• Encumbrance in favour of: Barclays Investments & Loans India Pvt. Ltd.
• Reason: Repayment of loan facility.
• Promoter group involved: Rajapalayam Mills Limited and Ramco-related groups.
• Ramco Industries Limited appears among promoter entities.
• Ramaraju Surgical Cotton Mills Limited appears among promoter entities.
• Sri Vishnu Shankar Mill Limited appears among promoter entities.
• Sudharsanam Investments Limited appears among promoter entities.

Dematerialisation status

• Dematerialisation requests processed: NSDL 27,167 shares; CDSL 12,800 shares.
• Rematerialisation: NIL.
• Clerical error in annexure; corrected in revised statement.