INDIA CEMENTS CAPITAL LTD.

India Cements Capital Limited has received approval from the Reserve Bank of India (RBI) for a change in management, control, or ownership of more than 50 percent. This approval was a prerequisite as disclosed in the Draft Letter of Offer (DLOF) for an open offer to public shareholders, managed by Fintellectual Corporate Advisors Private Limited. The company had filed an application with the RBI on August 26, 2026, and received the approval via email on September 30, 2026. The application reference number is PRV.CO.FED.2026-2027.P783.

India Cements Capital Ltd has announced the closure of its trading window for dealing in the company's equity shares. This closure is effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the financial results for the quarter and half-year ending September 30, 2026. The decision aligns with the company's "Code of Conduct to regulate, monitor and report trading by designated persons." All individuals classified as designated persons are advised against trading in the company's shares during this period, ensuring fair market practices ahead of the financial results announcement.

Fintellectual Corporate Advisors Private Limited, acting as Manager to the Open Offer, has issued a Draft Letter of Offer dated August 7, 2026, for India Cements Capital Limited. The offer is to acquire up to 56,43,612 fully paid-up equity shares, representing 26% of the voting share capital, at a price of ₹12 per share. The offer is made by Mr. Sandeep Jain, Mr. Vikas Garg, Mr. Rahul Nagar, and Mrs. Neha Agarwal (PAC), pursuant to SEBI (SAST) Regulations. The offer is not conditional on minimum acceptance and is not a competing offer. Approvals from RBI for change in control are pending, with no other major statutory approvals anticipated.

Fintellectual Corporate Advisors Private Limited, acting as the Manager to the Open Offer, has submitted a Draft Letter of Offer (DLOF) to BSE for the public shareholders of India Cements Capital Limited (ICCL). The open offer is being made by Mr. Sandeep Jain, Mr. Vikas Garg, and Mr. Rahul Nagar, along with Mrs. Neha Agarwal (PAC), to acquire up to 56,43,612 equity shares, representing 26% of the voting share capital, at a price of ₹12 per share. This offer is being made pursuant to SEBI (SAST) Regulations and is not conditional on minimum acceptance. The DLOF details the acquirers, the target company, the offer price, and the number of shares to be acquired.

India Cements Capital Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 5, 2026. A limited audit review was conducted by the company's auditors. The financial results are scheduled for publication in English and Tamil dailies on August 7, 2026. The filing also noted a Share Purchase Agreement entered into by promoters on July 24, 2026, and a subsequent open offer announcement.

India Cements Capital Ltd announced that its Annual General Meeting (AGM) will be held on September 15, 2026, through Video Conferencing/Other Audio Visual Means. The company has set September 8, 2026, as the cut-off date for demat shares and will close its Register of Members from September 9 to September 15, 2026, for physical shares to determine voting eligibility. Additionally, the Board approved the reappointment of Mr. K. Suresh as 'Manager'/CEO for a term from October 1, 2026, to September 30, 2027, subject to shareholder approval. Mr. V. Manickam was also reappointed as a Non-Executive Non-Independent Director, subject to shareholder approval, for his continuation after turning 75.

India Cements Capital Ltd announced the reappointment of Mr. K. Suresh as Manager/CEO for a term of one year from October 1, 2026, to September 30, 2027, subject to shareholder approval. The Board also approved convening the Annual General Meeting (AGM) on September 15, 2026, via Video Conferencing. The cut-off date for determining eligible shareholders for remote e-voting is set for September 8, 2026, with the Register of Members closing from September 9 to September 15, 2026. Additionally, Mr. V. Manickam was reappointed as a Non-Executive Non-Independent Director.

India Cements Capital Ltd announced the outcome of its Board Meeting held on August 5, 2026. The board approved the convening of the Annual General Meeting (AGM) for September 15, 2026, to be held via Video Conferencing/Other Audio Visual Means. A cut-off date of September 8, 2026, was set for demat shares, with the Register of Members closing from September 9 to September 15 for physical shares, to determine voting eligibility for the AGM. Additionally, the board, based on the Nomination and Remuneration Committee's recommendation, approved the reappointment of Mr. K. Suresh as 'Manager'/CEO for a term from October 1, 2026, to September 30, 2027, subject to shareholder approval. Mr. V. Manickam was also reappointed as a Non-Executive Non-Independent Director, liable to retire by rotation, and for his continuation post-75 years of age, subject to shareholder approval.

India Cements Capital Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 5, 2026. A limited audit review was conducted by the company's statutory auditors. The financial results are scheduled for publication in English and Tamil dailies on August 7, 2026. The company's primary business involves buying and selling foreign currencies, with its subsidiary engaged in brokerage, mutual funds, and bonds.

India Cements Capital Ltd has announced that its Board of Directors will convene on August 5, 2026. The primary agenda is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. These results will undergo a limited review by the statutory auditors. The company will file the approved results and the review report with the stock exchange and publish them in English and Tamil dailies on August 7, 2026. Additionally, the trading window for company shares will remain closed from July 1, 2026, to August 7, 2026.