Ambuja Cements Limited has filed its Statement of Deviation(s) or Variation(s) in the utilisation of funds raised through a preferential issue, pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended March 31, 2026. The company confirmed that there are no deviations or variations in the use of proceeds from the preferential issue of equity shares (on conversion of warrants). The statement was duly reviewed by the Audit Committee at its meeting held on May 4, 2026.

Preferential Issue Overview

Ambuja Cements raised a total of Rs 15000.046 Crores through a preferential issue conducted in two tranches. The funds were raised to support a broad range of corporate objectives. The key details of the fund-raising exercise are presented below:

The funds were raised in two tranches — Rs 6660.946 Crores as part of Tranche-1 on 28th March, 2024, and Rs 8339.099 Crores as part of Tranche-2 on 17th April, 2024.

Fund Utilisation as of March 31, 2026

The company disclosed the utilisation status of the funds raised against the originally stated objects. As of March 31, 2026, Rs 14895.1 Crore has been utilised, with no deviation or variation reported for the quarter. The following table summarises the fund utilisation details:

Audit Committee Review

The Audit Committee of Ambuja Cements reviewed the statement at its meeting held on May 4, 2026, and offered no comments, indicating no concerns regarding the fund utilisation. The auditors also had no comments on the matter. The disclosure has been made available on the company's website at www.ambujacement.com .

The filing was signed by Manish Mistry, Company Secretary & Compliance Officer (Membership No.: FCS-8373), based in Ahmedabad, on May 4, 2026.

Ambuja Cements Limited has announced the launch of its Second 100 Days Campaign titled "Saksham Niveshak" aimed at facilitating Know Your Customer (KYC) updation and enhancing shareholder engagement. The initiative is designed to prevent the transfer of unpaid and unclaimed dividends to the Investor Education and Protection Fund (IEPF) under the provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has published a newspaper advertisement in the Financial Express, covering both Ahmedabad and Mumbai editions, on Tuesday, April 28, 2026. This publication serves as a formal notice to shareholders regarding the campaign and the importance of completing necessary KYC and related updations.

Key Campaign Details

The intimation regarding this campaign has been uploaded to the company's official website at www.ambujacement.com , ensuring shareholders have access to the necessary information and can take appropriate action to update their records.

Company Information

Ambuja Cements Limited is listed on multiple stock exchanges including the National Stock Exchange of India Limited (Symbol: AMBUJACEM), BSE Limited (Scrip Code: 500425), and Luxembourg Stock Exchange (Code: US02336R2004). The registered office is located at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India.

Manish Mistry, Company Secretary & Compliance Officer of Ambuja Cements Limited, signed the intimation on April 28, 2026, confirming the submission of this information to the stock exchanges for their records.