NIRAJ CEMENT STRUCTURALS LTD.

Niraj Cement Structurals Limited has incorporated a new Section 8 company, "Niraj Group Foundation," limited by guarantee. This foundation is established to undertake and implement social welfare and Corporate Social Responsibility (CSR) initiatives in line with Section 135 of the Companies Act, 2013. The incorporation does not involve any cash consideration or share swap, as the foundation has no share capital. Niraj Cement Structurals Limited will maintain control over the management and affairs of the foundation.

Niraj Cement Structurals Ltd announced its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company reported a net profit of ₹405.64 Lacs for the standalone entity and ₹406.09 Lacs for the consolidated entity. The Board of Directors also approved the 28th Annual General Meeting (AGM) scheduled for September 28, 2026, with the Register of Members and Share Transfer Books closed from September 20-28, 2026. The meeting was held on August 14, 2026.

Niraj Cement Structurals Ltd announced that its Board of Directors met on August 14, 2026, to approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also scheduled its 28th Annual General Meeting (AGM) for September 28, 2026, and announced that the Register of Members and Share Transfer Books will be closed from September 20 to September 28, 2026, for the AGM. The board meeting commenced at 4:00 PM and concluded at 5:00 PM.

Niraj Cement Structurals Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item is to consider and approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting will also address any other matters with the Board's permission. Following the meeting, the company will make necessary disclosures as per SEBI regulations.

Niraj Cement Structurals Limited JV has announced the receipt of a significant work order valued at ₹256.89 Crores, including GST. The order is for the "Raising, Strengthening and Construction of Flexible Pavement" project under the Bihar Water Security and Irrigation Modernization Project (BWSIMP) from the Water Resource Department, Birpur, Bihar. The project involves constructing and restoring pavement over a 31.985 Km stretch and is to be executed within 32 months. This contract is a substantial addition to the company's order book and is expected to contribute positively to its revenue and growth.

Navigant Corporate Advisors Ltd, acting as Manager to the Offer, has submitted an Offer Opening Public Announcement to the shareholders of Niraj Cement Structurals Ltd. This announcement pertains to an open offer by Gulshankumar Vijaykumar Chopra to acquire up to 1,55,20,529 Equity Shares, representing 26.00% of the company's capital, at an offer price of ₹29.00 per share. The Committee of Independent Directors has opined that the offer price is justified and in compliance with SEBI SAST Regulations. The Letter of Offer dispatch was completed on July 23, 2026, and the offer is being facilitated through a designated acquisition window on BSE and NSE.

Niraj Cement Structurals Ltd has received the 'Recommendations of the Committee of Independent Directors' regarding an open offer. The committee, comprising independent directors, has reviewed the offer to acquire up to 1,55,20,529 Equity Shares (26% of total equity) at ₹29.00 per share. The committee deems the offer fair and reasonable, citing the offer price justification based on Share Purchase Agreements, the frequent trading of shares, and the offer price being higher than the 60-day volume-weighted average market price. Shareholders are advised to independently evaluate the offer.

Navigant Corporate Advisors Ltd, acting as Manager to the Offer, has submitted the recommendations of the Committee of Independent Directors (IDC) for the open offer to acquire equity shares of Niraj Cement Structurals Limited. The offer is to acquire up to 1,55,20,529 Equity Shares, representing 26.00% of the total equity, at a price of ₹29.00 per share. The IDC has recommended accepting the open offer, deeming the price fair and reasonable. They cited that the offer price is justified by the acquirer's purchase consideration in SPAs, the shares are frequently traded, and the offer price is higher than the 60-day volume-weighted average market price.

The Committee of Independent Directors of Niraj Cement Structurals Ltd. has reviewed and analyzed the open offer made by Gulshankumar Vijaykumar Chopra. The open offer aims to acquire up to 1,55,20,529 equity shares, representing 26.00% of the company's share capital, at a price of ₹29 per share. Following their review of the public announcement, detailed public statement, and letter of offer, the committee has concluded that the open offer is fair and reasonable.

Navigant Corporate Advisors Ltd, acting as Manager to the Offer, has submitted a Letter of Offer to the shareholders of Niraj Cement Structurals Ltd. The offer is made by Mr. Gulshankumar Vijaykumar Chopra to acquire up to 1,55,20,529 equity shares, representing 26.00% of the company's fully paid-up equity and voting share capital. The acquisition price is set at ₹29 per share. This open offer is being made pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and is not conditional on any minimum acceptance level. No statutory approvals are currently required, and there are no competing offers or revisions to the offer price as of the filing date. Shareholders are advised to consult their stockbrokers or investment consultants for clarifications.