Saurashtra Cement Limited has announced that its Board of Directors will convene on February 9, 2026, to review and consider the company's unaudited financial results for the third quarter and nine months ended December 2025. The meeting has been scheduled in accordance with Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The company has formally notified both the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE) about the upcoming board meeting through an official communication dated January 28, 2026.

Trading Window Closure

In compliance with regulatory requirements, Saurashtra Cement Limited has implemented a trading window closure for its securities. The company had previously informed the exchanges on December 29, 2025, about the trading window restrictions.

Regulatory Compliance

The announcement demonstrates the company's adherence to mandatory disclosure requirements under SEBI regulations. The communication was signed by Sonali Sanas, Chief Legal Officer, CS & Strategy, and digitally authenticated on January 28, 2026. The company operates from its registered office and works located near Railway Station, Ranavav 360 550, Gujarat, India, and is part of The Mehta Group.

Stock Exchange Information

Saurashtra Cement Limited's shares are listed on both major Indian stock exchanges, with the company maintaining regular communication with market regulators to ensure transparency and compliance with listing obligations.

Saurashtra Cement Limited has received a notice for an Income Tax Appeal hearing scheduled for 3 February 2026, as disclosed in a regulatory filing dated 12 December 2025. The hearing will be conducted before the Income Tax Appellate Tribunal regarding appeals filed by the Income Tax Department.

Appeal Background and Details

The Income Tax Department has filed appeals against appellate orders passed under Section 250 by the Commissioner of Income Tax (Appeals) that were previously decided in favor of Saurashtra Cement Limited. The appeals relate to transfer pricing adjustments made by the Assessing Officer for multiple assessment years.

Previous Favorable Decisions

The transfer pricing adjustments made by the Assessing Officer for assessment years 2016-17 to 2018-19 and 2020-21 to 2021-22 have been deleted by the Commissioner of Income Tax (Appeals). This decision was made after considering written submissions and the decision of the Supreme Court involving identical issues, resulting in the matter being decided in favor of the company.

Financial Impact Assessment

The company has indicated that the financial impact of any future demand on this issue will be determined only after the decision of the appeals by the Income Tax Appellate Tribunal. Currently, the issues stand decided in favor of Saurashtra Cement Limited based on the Commissioner's orders and Supreme Court precedent.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also uploaded this information on its website in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024.

Company's Response

Saurashtra Cement Limited has confirmed that it will undertake the necessary assessment and represent its appeal on the scheduled hearing date. The company will continue to monitor developments and provide updates as required under regulatory obligations.