SCL AGM Transcript 2025

Moderator

Sir, you can start now sir.

Mr. J Raja Reddy (Company Secretary): Dear Shareholders, Good Afternoon. I welcome you all to this 44th Annual General Meeting of Sagar Cements Limited which is being held virtually. I thank all of you for participating in this meeting in spite of your other pre- occupations.

I would now request the Chairman to preside over this meeting in accordance with the

Article 65 of the Articles of Association of the Company and after introducing other members of the board, conduct its proceeding.

Mr. K V Vishnu Raju (Chairman): Dear Shareholders, I have great pleasure in welcoming you to this 44th Annual General Meeting of the Company convened electronically through Video Conferencing mode. I hope you and your family members are safe and in good health.

The Ministry of Corporate Affairs and SEBI has permitted companies to hold their Annual

General Meeting through the Video Conferencing or Other Audio Visual Means and has also allowed companies to send Integrated Reports and the Notice convening the Annual

General Meeting electronically.

Considering the health and safety of all our stakeholders and in particular the shareholders, this 44th Annual General Meeting of the Company is being conducted through Video Conferencing to avoid the physical presence of members at a common venue. The soft copy of the Integrated Report for the year 2024-2025 has been sent to all the members holding shares in dematerialized mode and whose email addresses are available with their Depository Participant(s), as well as to all the members who are holding shares in physical mode and whose email addresses are registered with the

Company and the RTA for communication purposes.

The Register of Directors and Key Managerial Personnel and their shareholding, the

Register of Contracts or Arrangements in which the directors are deemed to be interested and the other documents mentioned in the Notice convening this meeting are available for inspection by the members. Members seeking to inspect such documents may contact the Company Secretary.

Since this meeting is being held electronically, the proxy related procedures have been dispensed with, which is in line with the regulatory requirements as mentioned in the

Notice convening the meeting.

As the requisite quorum is present, I now call the meeting to order.

Let me now introduce the Directors, Auditors and Senior Executives of the Company attending the meeting through Video Conference from their respective locations.

Smt. O. Rekha, Independent Director

Sri. Ravichandran Rajagopal, Independent Director

Smt. N. Sudharani, Nominee Director of APIDC. I think she is connected electronically.

Sri. Madhavan Ganesan, Nominee Director of PI Opportunities Fund 1 Scheme II. He is also connected.

Shri. Jens Van Nieuwenborgh Nominee Director of ABH Resources India Private Limited

Smt. S. Rachana Non-Executive Director.

Smt. S. Rachana

(Namaskar)

Mr. K V Vishnu Raju (Chairman): She is online.

Dr. S Anand Reddy, Managing Director.

Sri S Sreekanth Reddy, Joint Managing Director.

Sri J. Raja Reddy, Company Secretary and Compliance Officer.

Sri K Prasad, Chief Financial Officer.

Our Statutory Auditors Deloitte Haskins and Sells have also joined this meeting and also

M/s. BSR and Co., the Proposed Statutory Auditors have joined this meeting.

Mr. S. Srikanth of M/s. B S S and Associates, Secretarial Auditors, as well as the

Scrutinizer for the e-voting process, has joined this meeting physically.

Your Company, being a listed Company, is required to provide e-voting facility to its shareholders. Voting by show off hands is no longer permitted. The Company has engaged the services of M/s. KFin Technologies Limited to provide the facility of e-voting to all its members to cast their votes on all the businesses contained in the Notice.

Voting will be in proportion to the shares held by the members as on the cutoff date that is 23rd June, 2025.

In line with the regulatory requirements, remote e-voting facility on KFintech’s e-voting platform has been provided to the members of the Company for four days starting from

26th June, 2025 till 29th June, 2025. This module was disabled for voting by KFintech thereafter.

As mentioned in the Notice convening the meeting, for such or those members who did not or could not avail the remote e-voting facility, the Company is pleased to provide them the facility to cast their votes electronically during the AGM on all the proposed resolutions through KFintech’s Instapoll mechanism. This Instapoll facility will be activated at the end of this meeting. Members can avail this facility and cast their votes on the resolutions proposed in the Notice. Let me reiterate that this facility is available only to those members who have not cast their votes through the remote e-voting facility provided earlier by the Company. In case any member has already voted in the remote e-voting, he or she will not be able to cast his or her vote again through

Instapoll.

The Board has appointed Shri S. Srikanth, Partner, representing M/s. B S S and

Associates, Practicing Company Secretaries for scrutinizing the e-voting process in a fair and transparent manner. The scrutinizer will unlock the-voting done through remote e- voting and which will be consolidated with the e-voting done today through Instapoll facility.

The voting results along with the scrutinizer’s report will be communicated to the stock exchanges within two working days of the conclusion of the AGM and the same will be placed on the website of the Company and on the e-voting platform of KFintech.

To sum up, the following is the schedule for today's meeting.

After I conclude my speech, those of you who have registered as a speaker of the meeting will be invited by the Moderator. Considering the time of all those attending the meeting, we would request the speakers to be brief and restrict their address to matters relevant to the business contained in the AGM Notice. After this, the questions or queries raised by the speakers or by the shareholders who have already registered in the link provided by KFintech for this purpose would be tabulated and answered. After the queries have been answered, the meeting will conclude and those of you who have not yet cast their votes would be given the opportunity to exercise the same.

Now we will proceed with the meeting.

Dear Shareholders, I am pleased to inform you that your Company has brought out its

44th Annual Report in the form of an Integrated Report for the year 2024-25, which apart from containing my communication to you, gives a wider picture of your Company and its operations. Of course, it also does contain the audited standalone and consolidated financial statements of your Company for the year ended 31st March, 2025 together with the report at your Directors, Notice of the AGM and other mandatory reports for the said year. As this report has been with you for quite some time, with your permission, I take them as read.

During the year, the consolidated revenue from operations stood at rupees 2,257 Crores and 64 lacs, registering a decline by 10% as compared to the previous year and profit before interest depreciation and tax stood at rupees 162 crores, 52.52 Crores registering a decline by 46% as compared to the previous year. Our financial performance, while impacted by the broader macroeconomic factors, remains robust. We are confident that the groundwork laid during this period from capacity utilizations, capacity additions to supply chain enhancements will enable us to leverage the upcoming growth cycles more effectively. During the year, we consolidated our production capacities and deepened our presence in high growth regions. Our commitment to cost optimisation, technological upgradation and customer centricity continues to drive efficiencies across our operations. Strategic efforts to lower logistics cost, increase usage of green energy and enhance supply chain management has consistently improved our operational performance.

The past year has been marked by challenges and opportunities for the cement industry.

Despite headwinds in the form of inflationary pressures, volatile input costs and global uncertainties, your Company has demonstrated resilience and adaptability. Our focus on operational excellence, strategic expansion and sustainable growth has enabled us to strengthen our position across key markets.

With our strengthened capacities, diversified geographic footprint and a sharper focus on sustainable practices, your Company is well positioned to capitalise on these opportunities while strengthening its foundation and ensuring responsible growth.

We remain deeply committed to environmental stewardship, undertaking multiple initiatives to reduce our carbon footprint, optimize water usage and promote green energy solutions. The use of electrical vehicles and targeted efforts to minimize energy consumption at our plants have supported our ESG vision.

To foster sustainable operations, we are also adopting cutting-edge technology across our operations. It has facilitated innovation and resulted in the development of superior quality products for an evolving market.

Details related to future outlook and other related matters have already been covered in detail elsewhere in the Integrated Report. I don't want to dwell further on this.

Now we come to the passing of the resolutions.

Dear Shareholders, the Notice dated 12th May, 2025 convening this meeting has already been circulated as part of the Integrated Report for the financial year ended 31st March

2025 and with your permission, this has since been taken as read. As both the Auditors

Report and the Secretarial Audit Report do not have any adverse qualifications or observations or comments on the financial transactions or matters as having any adverse effect on the functioning of the Company, these reports are not required to be read out at the meeting. The Notice of the meeting contains 8 resolutions seeking approval of the shareholders, gist of which is given below.

We have 4 ordinary business resolutions and four special business resolutions. I will read out the resolutions one by one.

Ordinary Business resolution number 1 is adoption of the Audited Standalone Financial

Statements of the Company for the year ended 31st March, 2025 together with the reports of the auditors and the directors thereon and the Audited Consolidated Financial

Statements of the Company for the year ended 31st March, 2025 together with the report of the auditors there on.

Resolution number 2 is the re-appointment of Sri S. Sreekanth Reddy (DIN: 00123889) as a Director liable to retire by rotation.

Item number 3 resolution number 3 is re-appointment of Smt. S. Rachana (DIN:

01590516) as a Director reliable to retire by rotation.

Resolution number 4 is the appointment of auditors of the Company and to fix their remuneration.

We will now move on to the Special Business Resolutions.

Resolution number 5 re-appointment of Smt. Onteddu Rekha as an Independent Director of the Company.

Resolution number 6 is ratification of the remuneration payable to the Cost Auditors.

Resolution number 7 is appointment of Secretarial Auditors of the Company and to fix their remuneration.

And the 8th resolution is approval of the material related party transactions.

The resolutions and the explanatory statement wherever applicable in respect of the above proposals have been provided in the Notice of the meeting.

I would now request the moderator to facilitate the shareholders, who have registered themselves as a speaker, to speak or raise queries regarding the accounts and operations of the Company during the year 2024-25 in the sequence of the registration. During the

Question & Answer session, Speakers names will be announced along with their queue number in a sequential manner. Accordingly, the moderator will unmute the Speaker and allow the Speaker to speak or raise his or her queries. In the interest of time and with a view to give adequate opportunity to all, I would request members to be judicious in time and restrict the same to 3 minutes per Speaker. If there is any connectivity issue at the Speaker's end due to which a Speaker could not express his or her queries views completely, then he or she will be allowed to speak again after all the other Speakers complete their turn, if the connectivity of the said Speaker resumes in the meantime, we will first hear all the queries, after which I would be pleased to give my responses to your queries in consolidation or have them answered by my colleagues.

Moderator

Thank you sir. The first speaker is Mr. Kamal Kishore Jawar. Mr. Kamal

Kishore Jhawar, please unmute yourself and ask your question Sir.

Mr. Kamal Kishore Jhawar

हेलो मेरा आवाज आ रहा है सर

Moderator

Ok sir

Mr. Kamal Kishore Jhawar

हेलो

Moderator

Ya आप का आवाज आ रहा है

Mr. Kamal Kishore Jhawar

Ok Thank you, (cid:465)ठ(cid:873)क Thank you सर. Chairman सर (cid:874)व(cid:231)णु राज ू

सर को first नम(cid:232)कार. आनंद रे(cid:620)डी साहब, (cid:302)ीकांत रे(cid:620)डी साहब, all डायरे(cid:200)टस,(cid:91) कंपनी से(cid:272)े(cid:282)(cid:547) (cid:302)ी

राजा रे(cid:620)डी साहब, और सबको नम(cid:232)कार. रेखा जी जो डायरे(cid:200)टर है सबको नम(cid:232)कार सर. इस कंपनी

म(cid:581) बहुत पुराना शेरहो(cid:227)डर हु . और मैनेजम(cid:581)ट पेचन थो भी है. मई जनाना चाहत हू (cid:873)क (cid:200)या आपाना

सूरज चेतन (cid:466)(cid:287)पाठ(cid:548) है िजस मई थेन साल (cid:466)बफोर 3 years अज़ीम (cid:292)ेम जी िजस कंपनी म े

इ(cid:219)वे(cid:232)टम(cid:581)ट करने से इशी (cid:871)लए हमारे को और (cid:465)ह(cid:224)मत confidence आगया. और अज़ीम (cid:292)ेम जी

साहब इतना इ(cid:219)वे(cid:232)टम(cid:581)ट करेथे हमारे कंपनी के राजम मे इताना तरह (cid:873)क होगा. फंडाम(cid:581)टल बहुत

अ(cid:205)छा है. हमारे (cid:871)लये बहुत अ(cid:205)छा (cid:464)रटन (cid:91) (cid:871)मलेगा. फुल Confidence है, अ(cid:205)छा return (cid:871)मलेगा. कोई

डाउट नह(cid:547)ं है. और अपना first (cid:200)वाट(cid:91)र कैसा बारे म(cid:581) बताइए . कैसा रहेगा सर ह(cid:547)रा का भरेमे बथै(cid:465)हये.

और 2025-2026 सीम(cid:581)ट sector का market म(cid:581) Rumour है positive रहेगा Infrastructure का

सबसे. थो अपना साल कैसा रहेगा. अपना first (cid:200)वाट(cid:91)र मई dividend नह(cid:547)ं (cid:871)मला. कोई हम को problem नह(cid:547) ं है. अगर आपको first (cid:200)वाट(cid:91)र, सेकंड (cid:200)वाट(cid:91)र से अ(cid:205)छा रहेगा ि(cid:229)ह(cid:232)लस आया और

अ(cid:205)छा (cid:292)ॉ(cid:873)फट हुआ तो interim (cid:875)ड(cid:874)वड(cid:581)ड द(cid:547)िजए. और मे (cid:243)यादा कुछ बोलना नह(cid:547)ं चाहता हूं. आप

ईश जो बात (cid:465)दया है वाह अ(cid:205)छा है. हमारे को कंपनी म(cid:581) पुरा भरोसा है. कंपनी थोडा patience रखना.

शेरहो(cid:227)डरस को अ(cid:205)छा (cid:464)रटन (cid:91) (cid:871)मलेगा.

(cid:875)डयो कॉ(cid:219)(cid:293)(cid:581) स र(cid:872)खए (cid:200)या कर वी(cid:875)डयो का(cid:293)ं (cid:581) स के सबस ेअ(cid:205)छे बात यह है (cid:873)क सजेशन भी (cid:871)मल

सकता है. और कंपनी का बहुत अ(cid:205)छा हो जाता है. डायरे(cid:200)टर अ(cid:292)ोच ला(cid:232)ट ईयर म(cid:581) हमारा chairman

सर का अ(cid:292)ोच रहा. और मी(cid:465)टंग हुआ ऐसा कोई फै(cid:871)स(cid:871)लट(cid:547) है तो म े चाहता हु क(cid:551) ऐस े ह(cid:547) वी(cid:875)डयो

कॉ(cid:219)(cid:293)(cid:581) स र(cid:872)खये. Secretarial (cid:875)डपाट(cid:91)म(cid:581)ट ट(cid:547)म बहुत अ(cid:205)छा है. हमने मेल (cid:876)धया. बैल(cid:581)स शीट भी

(cid:871)मला बहुत अ(cid:205)छे ह(cid:583), (cid:871)लकं भी (cid:871)मला. ध(cid:219)यवाद

Moderator

The next speaker is Mr. Srikanth Jhawar. Mr. Srikanth Jhawar, please unmute yourself and ask your question sir. Mr. Srikanth Jhawar.

Mr. Srikanth Jhawar. Sir no response sir. Sir, the next speaker is Mr. Praful Chavda. Mr.

Praful Chavda, please unmute yourself and ask your question sir. Mr. Praful Chavda.

Mr. Praful Chavda

हेलो मेरा आवाज आ रहा है.

Moderator

Ha जी सर आ रह(cid:547) है

Mr. Praful Chavda

Thank you sir. Chairman सर,

बोड (cid:91)ऑफ़ डायरे(cid:200)टस (cid:91)और मेरे साथी शेरहो(cid:227)डस (cid:91)मेरा नाम (cid:292)फु(cid:227)ल चावड़ा म े

हैदराबाद से बात करता हूं. सर. first जो एजीएम (cid:464)रपोट(cid:91) हाथ मे आयाथा Secretarial (cid:875)डपाट(cid:91)म(cid:581)ट को

फोन करके बोला इटाणा अ(cid:205)छा एजीएम (cid:464)रपोट(cid:91) भानाया, Hardwork (cid:873)कया. minimum 3 months period थो नह(cid:547) ं ह(cid:585)गी इस के(cid:871)लये मे Secretarial (cid:875)डपाट(cid:91)म(cid:581)ट को बोलता हूं (cid:873)क जो पेपर choice

(cid:873)कया वोभी बहुत अ(cid:205)छा choice (cid:873)कया. इस का (cid:293)ंट पजे मे जो हो कंपनी का नाम (cid:871)लखने का बध जो

ले(cid:871)मनेशन (cid:873)कया वो वेर(cid:547) ब(cid:232)े ट सर. कंपनी का (cid:221)यूचर इस का face का ऊपर स े (cid:465)दखाई जाता है.

और वह बाहर का आदमी और कोई नया अधमी लेके गई थो ईश को देख ने का भी AGM हाथ मे

लेनेका (cid:465)दल होथा है. साथ मे सर मन(cid:583) े देखा है क(cid:551) एजीएम पेज नंबर पेज नंबर नह(cid:547)ं बनारम जो ये

इं(cid:875)डया का map द(cid:547)या ईशम(cid:581) six नंबर पे (cid:871)लखा है आपने गुजरात म(cid:581) भी entry (cid:873)कया सर.

गुजरात म(cid:581) अदानी का रा(cid:207)य चलता है सर. अदानी ने बहुत कंपनी टेकओवर कर(cid:871)लए. अदानी ने

क(cid:230)मीर म(cid:581) भी टेकओवर कर(cid:871)लए कंपनी. और सोमनाथ मं(cid:465)दर के पास भी टेकओवर कर(cid:871)लए.

दोन(cid:585) तरफ से अदानी गुजरात म(cid:581) ये corner से ओ corner थक जो भी कंपनी टेकओवर कर(cid:871)लए.

Only सौरा(cid:231)(cid:282) सीम(cid:581)ट है जो इं(cid:875)डया का सबसे पुराण कंपनी है वो टेकओवर नह(cid:547)ं (cid:873)कया. वहां जाके

अपने (cid:466)बजनेस (cid:873)कया, काम (cid:873)कया, बहुत बहुत तार(cid:547)फ कबीले क(cid:551) बात है. थो

आपने वह कारनामा कैसे कर(cid:876)धये. अपने सीम(cid:581)ट का रेट कम राखे. अपने (cid:466)बजनेस भदारे. वो उस का

बारे म(cid:581) कुछ है थो बथा(cid:467)यगं े. सर साथ म(cid:581) हे सर अपने मीर (cid:871)मर के देवर अपन ेबथया क(cid:551) आपका unit

है, Units का फोटो(cid:274)ाफस, फोटो(cid:274)ाफ का साथ (cid:873)कतना मोगरा है कंपनी का (cid:292)ोड(cid:200)शन (cid:873)कदार

(cid:873)कतना होता है. उस का बारे म(cid:581)

जानकार(cid:547) (cid:465)दए. बहुत अ(cid:205)छा (cid:465)दख रहा है सर एक बात है (cid:873)क फोटो (cid:465)दया है ambulance का. ambulance का फोटो (cid:465)दया है सर जो इसम(cid:581) आपका सागर सीम(cid:581)(cid:618)स का लोगो

लगा हुआ है. सर तो म (cid:583)पूछा भी राजा रे(cid:620)डी साहब से, enquiry चहाका पूछा, भोले हमे ये

कंपनी के (cid:871)लए और कंपनी के (cid:871)लए (cid:465)हसाब दे (cid:465)दए ह(cid:583) कुछemergency रहेगा तो पि(cid:222)लक को use करने

के(cid:871)लए दे देथी or तो नह(cid:547)ं देथी. पर सर लोग(cid:585) (cid:467)नकाल देना चा(cid:465)हए सर.

Moderator

सर close करो

Mr. Praful Chavda

लोग(cid:585) (cid:467)नकाल देना चा(cid:465)हए. मेरा कहना काहे क(cid:551) जी(cid:874)वके पावर म(cid:581) भी

लोग(cid:585) लगाया, जी(cid:874)वके पावर का नाम लगाया और पता है आपको (cid:873)कतना struggle कर रहा

है. उसके बाद स(cid:215)यम computer न े लोगो लगयथा, स(cid:215)यम computer का

भी यह(cid:547) हालत हो गए. सर राहुल गांधी, राजीव गांधी का

Moderator

सर please close

Mr. Praful Chavda

फोटो(cid:274)ाफ लगता, (cid:200)या हालत है पता है. तो इस का अलाव चार पंच कंपनी

का नाम मे (cid:871)लया हूं. ि(cid:200)वकल(cid:547) कंपनी ने लोगो और नाम लगाने से बहुत (cid:292)ॉ(cid:222)लम आ गया है. उस का

पूरा इं(cid:875)डया म(cid:581) Ambulance का ऊपर लोग(cid:585) लगाने स े(cid:200)या हुआ, नह(cid:547) हुआ

मुझे पता नह(cid:547) ंहै. और म (cid:583)मानता हूं (cid:873)क कुछ अपशकुन

होता है कुछ अ(cid:205)छा नह(cid:547)ं होता है उसके बारे म(cid:581) आप सोच(cid:581)गे सर से(cid:272)ेटे(cid:464)रएट ट(cid:547)म.

Moderator

Sir the next speaker is Mr. S Karuna Sagar. Mr. S Karuna Sagar, please unmute yourself and ask your question sir. Mr. S Karuna Sagar, no response, Sir.

The next speaker is Mr. Kaushik Narendra Shahukar. Mr. Kaushik Narendra Shahukar, please unmute yourself and ask your question sir. Mr. Kaushik Narendra Shahukar, No response sir.

The next speaker is Mr. Badri Vishal Bajaj. Mr. Badri Vishal Bajaj, please unmute yourself and ask your question sir. Mr. Badri Vishal Bajaj, No response sir.

Next speaker is Mr. Suresh Chand Jain. Mr. Suresh Chand Jain, please unmute yourself and ask your question sir. Mr. Suresh Chand Jain

Mr. Suresh Chand Jain

हेलो आवाज आ रहा है ना सर

Moderator

Ha ji sir बात कर ल(cid:547)िजये. Yes

Mr. Suresh Chand Jain

आदरणीय Chairman सर, ऊपर से सभी बोड (cid:91)ऑफ़ डायरे(cid:200)टस (cid:91), और

शेरहो(cid:227)डस (cid:91)सा(cid:876)थयोम. सर म (cid:583)पहले भी कह चुका हूं कंपनी का शेरहो(cid:227)डर हूं.

जधा बोलने का (cid:874)वचार नह(cid:547)ं है. कंपनी का मैनेजम(cid:581)ट बहुत ह(cid:547) अ(cid:205)छा है सर. (cid:874)वचार (cid:510)प

से कड़ी मेहनत और लगन से ह(cid:547) है कंपनी काम कर राहा है. और है सर एजीएम के व(cid:232)थे अयाता थो

मुझे कहा गया है (cid:873)क काफ(cid:551) faint हुआ. और faint होने का

बाद ह(cid:547) आपसे by post बीजाड(cid:581)गी. पर मेरा (cid:873)क(cid:232)मत खराब है साहब. आपक(cid:551) बकु मेरे (cid:622)वारा तक

नह(cid:547)ं आए. इ(cid:871)स(cid:871)लये म (cid:583)चाहूंगा (cid:873)क कामसे काम एक बकु आगर जो भी जो भी ये जो भी शेरहो(cid:227)डर.

(cid:232)पीकर रिज(cid:232)(cid:282)ेशन करे कामसे काम उनको एक एक बकु उनको (cid:466)बजा(cid:876)धये

हम(cid:581) बुक देखने का भी सुभासर (cid:292)ा(cid:220)त होथाथा सर. और

सर बहुत अ(cid:205)छा है सर (cid:873)कतन ेकंपनी अ(cid:205)छा काम कर रहे ह(cid:583) कड़ी मेहनत से

आप लोग आग ेबढ़ रहे ह(cid:583). म ेभगवान स ेये यी (cid:292)ाथन(cid:91) ा करता हूं. आप (cid:876)धन दगु ुने रात चौ(cid:219)नी इस तरह

से आगे बढ़त ेरहे. और मुजे एक

Physical annual (cid:464)रपोट(cid:91) (cid:466)बजानेक(cid:551) को(cid:871)शश कर ल(cid:547)िजए बहुत ह(cid:547) अ(cid:205)छा रहेगा सर.

आपने जो बोलने का मौका (cid:465)दया चारोनको

ध(cid:219)यवाद देते हुए. म (cid:583)सभी को (cid:874)वराम देता हूं सब नम(cid:232)कार सर.

Moderator

Next speaker is Madam Celestine Elizabeth Mascarenhas. Madam Celestine

Elizabeth Mascarenhas please unmute yourself and ask your question. Madam Celestine,

No response sir.

The next speaker is Mr. Ramesh Shanker Golla. Mr. Ramesh Shanker Golla, please unmute yourself and ask your question sir. Mr. Ramesh Shanker Golla, please unmute yourself and ask your question sir. Mr. Ramesh Shanker Golla, No response sir.

The next speaker is Mr. Saabahath Ali Khan. Mr. Saabahath Ali Khan, please unmute yourself and ask your question sir. Mr. Saabahath Ali Khan. Mr. Saabahath Ali Khan, please unmute yourself and ask your question sir. No response.

The next speaker is Mr. Reddeppa Gundluru. Mr. Reddeppa Gundluru, please unmute yourself and ask your question sir. Mr. Reddeppa Gundluru. Mr. Reddeppa Gundluru, you have unmuted yourself. Please ask your question sir. Mr. Redappa Gundluru. Yeah.

We are able to see you. Please speak. No, Sir. He has gone off. The next speaker is Mr.

Afzal Urrahmansufi Mohd. Mr. Afzal, please unmute yourself and ask your question sir.

Mr. Afzal.

Mr. Afzal Urrahmansufi Mohd

Hello.

Moderator

Yes Sir.

Mr. Afzal Urrahmansufi Mohd

Yeah, good afternoon. Good afternoon everyone. Thank you for giving me this opportunity. I am very happy that I am also part of this Sagar group Sir.

Moderator

Sir continue sir.

Mr. Afzal Urrahmansufi Mohd

Sir. Sir, thank you, Thank you. Some signal problem is going on sir. Yes, rain is falling. That is why we are unable to connect properly. It is a right way you are connecting in VC but this technical issue coming sir. Better you connect to this AGM in physical mode sir because it is the correct way in VC, but the technical issue is coming. Once in a year we can meet and we can talk something sir. In the previous year we all met in Golkonda Hotel. We remember that now the VC is going on, so many shareholders are not connecting with technical issues. We cannot stop the technical issue but we can stop the way physical meeting sir. The annual report is very good and the balance sheet you have maintained is very perfect and the product your selling is good sir. Do you have a dealer in Hyderabad? So i need some cement sir for the construction first. So do you have a dealer in Hyderabad for shareholders Some benefits.

Please notify in mail sir. I will contact them and thank you for giving me this opportunity.

Secretarial department doing very well. Thank you. Secretarial department and entire board of directors. I am very happy sir. Thank you very much.

Moderator

Sir, the next speaker is Hiranand Parsram Kotwani. Mr. Hiranand Parsram

Kotwani, please unmute yourself and ask your question sir. Mr. Hiranand Parsram

Kotwani, No response sir.

Next speaker is Mr. Bharat H Shah. Mr. Bharat H Shah, please unmute yourself and ask your question sir. No response sir.

The next speaker is Mr. K Bharat Raj. Mr. K Bharat Raj, please unmute yourself and ask your question sir. Mr. K Bharat Raj.

Mr. K Bharat Raj

Yeah. A very good Afternoon, Mr. Chairman, my Managing Director and Joint Managing Director, entire Board of Directors and my KMPs of Company.

Chairman Sir. First of all Sagar Cement is a wonderful brand in Andhra Pradesh and

Telangana in other parts of the South and East West side sir. I want to share one incident sir. Last week I was in Adani Corporate Office sir. There I met a senior executive Mr. Jatin he is a legal head. Without his knowledge without his permission Adani will not do anything. So in between in the discussion we have discovered the cement industry.

There he discovered in future there will be 3-4 companies. I told in Hyderabad,

Telangana, Sagar is cement. They are also doing well. But the market is different, but in the coming years, there are few players because the market, we want to sustain the market. We should match the production cost of everything Bharat. So let's see what will happen in the future. Like that he shared his experience. So my suggestion is sir we are at 10 million now. So my Managing Director is dynamic and Sreekanth Reddy garu and

Anand Reddy garu were visionary leaders. So what is your plan to make 20 million tonnes? Please give me the road map that is want sir. Because in this market you want to in the market the capacity should be increased and turnover should be increased sir then only we can market the system. I believe my in dynamic leader Mr. Sreekanth Reddy will have a vision for expansion of the Companyalso. That is only my concern Sir. My best wishes to you and I support all the resolutions in coming years also. I wish that my

Company turnover will be more and we receive more dividends in future also. I thank my

Secretarial Department, Mr. Raja Reddy is always successful in time, he sends me the annual report and he is a very humble man Sir. Thank you, Chairman Garu, once again I wish that next year will be conducted in hybrid mode sir. Government is not against VC, but I don't know the companies are against the physical AGMs. So if you conduct a hybrid, the people who want to come, they will come, want to attend by VC, they will attend the VC. So Chairman Garu consider hybrid mode sir for next year. Thank you sir.

All the best for coming here. Take care Sir, God bless you all.

Moderator

The next speaker is Mr. Abhishek J. Mr. Abhishek J, please unmute yourself and ask your question, Sir. Mr. Abhishek J please.

Mr. Abhishek J

Yes, Sir. Can you hear me sir? Am I audible?

Moderator

Yes sir.

Mr. Abhishek J

Sir first of all i congratulate the management on the eve of Annual

General Body Meeting. The rest all is well with you and your family in this challenging situation. Our Company deserves much more respect than the current market cap. After completing more than a decade of successful operations, profitability and becoming one of the strongest brands in the respective segment, we are really thankful to the entire

Board of Directors for sincere efforts and rewarding the minority shareholders with a consecutive dividend year on year. Sir even though the Company's EPS is negative, P ratio is negative, return on equity is negative, the Company has sustained to declare dividend. We really appreciate Sir. But what proactive steps have been taken by the management to improve the EPS, PE ratio and the return on equity. So I would like to know from you sir. So, kindly arrange for a plant visit for the investor fraternity sir. And most of the questions are sent via e-mail also not to be the same questions in the interest of time and nothing much to answer. The Company management and Company

Secretary is always reachable sir. Sir I really appreciate the entire efforts and the

Company has a really good profit governance practice. I do appreciate that also. Nothing much more sir. I wish the Companyand the board of directors a great success and prosperity in the coming future. And thank you for giving me the opportunity sir. I hope to see you in the hybrid AGM next year. Thank you very much sir.

Moderator

The next speaker is Mr. Aloysius Peter Mascarenhas. Mr. Aloysius Peter

Mascarenhas. Please unmute yourself and ask your question sir. Mr. Aloysius Peter

Mascarenhas, No response sir.

The next speaker is Mr. S. Bhanu Kumar Raju. Mr. S. Bhanu Kumar Raju, Please unmute yourself and ask your question Sir. Mr. S Bhanu Kumar Raju, please unmute yourself and ask your question sir. No response sir.

Sir. I reverted back. Can I revert back to the earlier investors who have not joined?

Mr. J Raja Reddy (Company Secretary): Yes sir

Moderator

Yeah. Yeah. Thank you, Sir. Mr. Badri Vishal Bajaj, please unmute yourself and ask your question sir.

Mr. Badri Vishal Bajaj

Good Afternoon shareholders.

Moderator

Good Afternoon sir.

Mr. Badri Vishal Bajaj

Hello.

Moderator

Yeah sir. Please continue sir.

Mr. Badri Vishal Bajaj

Sir this Company its market cap is more than 3000 crores and revenue generation for the last three years is slowly decreasing even the profitability this year it has gone negative. There may be some reason which management knows the

Company has taken over expansion, CapEx was there and all. But if I go to the cash flow statement, operating profit also has fallen to 50% compared to earlier year. Even the

CapEx also has fallen to 140 crores compared to earlier years. So I don't know how to earn the CapEx and the future guideline guidance for the road ahead of this Company, I am unable to decide. I am puzzled. Management also, I have gone through the complete annual report, but the guideline road map, it is not given clear. Only thing is we are expanding. We are doing it now. In the current year also, the liability also has increased by 20%. Your liability increase revenue generation has fallen, CapEx has fallen. Then I do not know how the money management is going on and I could not get it more. And last one is earning per share on ₹2 share, it has gone to 16 to 17. So what is your road map for the next couple of years beyond your capacity expansion, beyond your acquisition of other companies and adding the capacities per revenue generation? As a shareholder, I expect and being in Hyderabad, I will very much welcome it if you provide me some time so that we can elaborate on this without taking other shareholder stand. I wish good luck and reduce some आप आगे इसके ऊपर बहुत कम कर रहे ह(cid:583) और आगे क(cid:551)िजए and i support your leadership, management and expertise. Thank you, Sir. Good day.

Moderator

Next speaker is Mr. Srikanth Jhawar. Mr. Srikanth Jhawar, please unmute yourself and ask your question sir. Mr. Srikanth Jhawar. Mr. Srikanth Jhawar, please unmute yourself and ask your question.

Mr. Srikanth Jhawar

सर मेरा आवाज आ रहा ह(cid:583) सर

Moderator

आवाज आ रहा है सर. ले(cid:873)कन बहुत

Mr. Srikanth Jhawar

Respected chairman………………………… अ(cid:871)भ आ रहा है ना सर आवाज?

Moderator

Yes sir

Mr. Srikanth Jhawar

हेलो

Moderator

Ya आराहे है सर

Mr. Srikanth Jhawar

Respected chairman (cid:874)व(cid:231)णु राज साहब,म (cid:583)सभी को नम(cid:232)कार करता हूं second time आपको (cid:873)फर देखने का मौका (cid:871)मला. Chairman, Managing Director, Joint

Managing Director सभी को भी नम(cid:232)कार करता हूं. अदानी (cid:274)ुप हैदराबाद म(cid:581) पे(cid:219)ना सीम(cid:581)ट

म(cid:581) एि(cid:200)विजशन 100% करा. ए (cid:219)यूस स े अपने को (cid:200)या इंपोट(cid:91) पड़ा है (cid:219)यूस से. और अदानी जैसा

सांघी इंड(cid:232)(cid:282)(cid:547)ज को टेकओवर (cid:873)कया. जैसा अंबुजा सीम(cid:581)ट है और (cid:466)बरला (cid:274)ुप भी they are enter in the cement division. From this news how much as effected for cement division. ए (cid:219)यूस स े

हम(cid:581) (cid:200)या इफे(cid:200)ट हुआ हो. What is your next 3 year planning for cement division. और सर

उड़ीसा based बारसोल(cid:547) सीम(cid:581)ट है सर. जो कंपनी अभी अ(cid:205)छा टनओ(cid:91) वर और सभी कर रहा ह(cid:583), उनका

एक चीज देखा हू every quarterly (cid:292)ेज(cid:581)टेशन करते. जो production, dispatch (cid:873)कतना हुआ है.

उसके बारे म(cid:581) अगर सो(cid:876)चए और हम(cid:581) को भी जैसा (cid:200)वाट(cid:91)रल(cid:547), (cid:200)वाट(cid:91)रल(cid:547) या half yearly production

को भी आगर बथा(cid:467)यगं े थो इ(cid:232)मे छोटा details (cid:871)मलता भी हम(cid:581) पुरा guidance (cid:871)मलता है सर. इ(cid:232)का

बरमे please सोचो सर. और इशी तरफ़ वी(cid:875)डयो कॉ(cid:219)(cid:293)(cid:581)स meeting रहेगा तो. वो Kfintech का स(cid:874)वस(cid:91)

भी अ(cid:205)छा है और अपना सागर सीम(cid:581)ट का Secretarial team का भी ध(cid:219)यवाद देता हूं. हम(cid:581) mail देन े

के बाद हम को time प ेbalance sheet भी (cid:871)मल गए. और आगे स ेपुरा दशरा, द(cid:547)पावल(cid:547) और भोनाल ू

आरा. उसका भी शुभकामना देता हूं सर. Thank you.

Moderator

The next speaker is Mr. Reddeppa Gundluru. Mr. Reddeppa Gundluru, please unmute yourself and ask your question sir.

Mr. Reddeppa Gundluru

आवाज़ आ रह(cid:547) है सर

Moderator

Yes sir.

Mr. Reddeppa Gundluru

Thank you. My chairman K V Vishnu Raju Guru, Managing

Director, Executive Director Sreekanth Reddy Garu, all other directors, Company

Secretary, Compliance Officer J Raja Reddy Garu, all other Directors, Scrutinizers. Good evening. . Sagar Cement building strong foundations. Chairman sir, your speech is

నమ(cid:317)(cid:352)(cid:208) very wonderful. Annual report is unique. I received well in advance. What a wonderful, beautiful cover page sir. High standard, high quality annual report has generated number one quality sir. Thank you so much sir. Every page with colour pics is speaking Sir. Very good information. Beautiful pictures. Unique sir. I can say unique this year. Page number

10, the Board of Directors is amazing Sir. Total everybody is covered sir. Especially page number 16 our Sreekanth Reddy Sir and also Anand Reddy

కనుల (cid:519)ందు అంట(cid:132)ర(cid:160) క(cid:304)(cid:130) స(cid:571)

. . .

(cid:302)ెల(cid:161)గ(cid:158)ల(cid:272) కనుల (cid:519)ందు కనుల (cid:519)ందు (cid:306)(cid:130)క(cid:161) జ(cid:312)(cid:153)(cid:294)(cid:153)ం(cid:304)(cid:152) (cid:314)(cid:194)(cid:312)(cid:195) (cid:314)ాళ(cid:371)(cid:293)(cid:141) జ(cid:312)(cid:153)(cid:294)(cid:153)ం(cid:304)ో ల(cid:204)(cid:304)ో (cid:306)(cid:130)క(cid:161) (cid:302)ె(cid:515)యదు

. . it is a wonderful, beautiful, the eye festival. So

(cid:293)ా(cid:502) అంద(cid:312)(cid:153)(cid:293)(cid:141) జర(cid:160)గ(cid:158)(cid:302)(cid:130)(cid:304)(cid:152) అంత (cid:293)ా(cid:373)(cid:515)ట(cid:149) finally I felt very happy, Sir. , .

స(cid:571) మనం (cid:516)డ(cid:571)(cid:376) స(cid:571) ఇండ(cid:317)(cid:347)ీ(cid:447) (cid:516)డ(cid:571)(cid:376) స(cid:571) అందర(cid:160) మన(cid:293)(cid:141)

, .

సహక(cid:312)(cid:153)స(cid:352)ు(cid:306)(cid:130)(cid:356)ర(cid:160) స(cid:571) ప(cid:404)(cid:499) ఒక(cid:336)ర(cid:160) సహక(cid:312)(cid:153)స(cid:352)ు(cid:306)(cid:130)(cid:356)ర(cid:160) ఇంత(cid:293)(cid:147) మ(cid:158)ందు మనం మం(cid:489)(cid:294)ా (cid:307)(cid:191)ర(cid:358)(cid:571)(cid:361)

? ,

(cid:296)ేయల(cid:204)(cid:304)(cid:130) స(cid:571) (cid:505)(cid:493)(cid:306)(cid:177)(cid:578) ల(cid:272) ఇంప(cid:368)(cid:174)వ(cid:173)(cid:310)(cid:184)ం(cid:555) (cid:296)ేస(cid:352)ున(cid:356)ప(cid:173)(cid:357)డ(cid:166) ఇ(cid:306)(cid:177)(cid:373)ంట(cid:312)(cid:156) (cid:307)(cid:191)ర(cid:160)గ(cid:158)(cid:302)(cid:130)(cid:304)(cid:152) ఖర(cid:160)(cid:342)ల(cid:161)

.

(cid:307)(cid:191)ర(cid:160)గ(cid:158)(cid:302)(cid:130)(cid:311) తర(cid:160)(cid:314)ాత (cid:300)(cid:140)(cid:307)ి(cid:404)(cid:317)ి(cid:311)(cid:202)ష(cid:564) (cid:307)(cid:191)ర(cid:160)గ(cid:158)(cid:302)(cid:130)(cid:304)(cid:152) అ(cid:502)(cid:356)(cid:307)ర(cid:191) (cid:160)గ(cid:158)(cid:302)(cid:130)(cid:311) స(cid:571) అ(cid:502)(cid:356)(cid:307)ర(cid:191) (cid:160)గ(cid:158)(cid:302)(cid:130)(cid:311)

, we have a faith on you. Trust on you sir. Sir i speak only agenda Sir, the governance

(cid:293)ా(cid:502) part is wonderfully transparency mirror like a mirror. You're doing the governance

ల(cid:131)(cid:294)ా of my Company with ethical standards, high standards, especially integrity is there. Go ahead and take up our decisions sir. CSR is very wonderful. Even though in the losses you are doing a very human where all the kindhearted persons. You are doing the rural area and I have seen these developments and also programs

అంట(cid:206) ఈ మన వృ(cid:499)(cid:352) క(cid:313)(cid:136)(cid:293)ార(cid:160)ల(cid:293)(cid:141)

You posted the same

తర(cid:160)(cid:314)ాత స(cid:347)ూ(cid:300)ెం(cid:555)(cid:376) (cid:293)(cid:141) అంద(cid:312)(cid:153)(cid:293)(cid:141) మనం ఇ(cid:304)(cid:152) (cid:296)ేస(cid:352)ున(cid:356)ం స(cid:571) అ(cid:519) అ(cid:501) క(cid:165)(cid:300)(cid:130) thing in the pictures sir. Everything is.

Moderator

Kindly close sir.

Mr. Reddeppa Gundluru

KFin ?

ఎవరం(cid:300)(cid:140)మట(cid:371)(cid:132)(cid:300)ే(cid:304)(cid:152) (cid:306)(cid:130)

Moderator

Yes Three minutes is the time sir. Please complete.

Mr. Reddeppa Gundluru

.

ఎందుక(cid:161) అయ(cid:131)(cid:362) (cid:526)ా(cid:373)(cid:509) (cid:502) (cid:526)ా(cid:334)(cid:347)(cid:208)(cid:452)(cid:571) బ(cid:132)(cid:294)ాల(cid:204)దు మ(cid:131)క(cid:161) (cid:296)(cid:130)ల ఇబ(cid:359)ం(cid:304)(cid:152)

. . ,

(cid:307)(cid:191)డ(cid:166)త(cid:167)ం(cid:304)(cid:152) నువ(cid:173)(cid:373) (cid:300)(cid:140)స(cid:347)(cid:571)(cid:359) (cid:296)ేయక(cid:161) (cid:306)(cid:130) స(cid:571) (cid:302)(cid:268) మ(cid:131)ట(cid:371)(cid:132)(cid:300)ే అవ(cid:293)ాశం వ(cid:489)(cid:342)ం(cid:304)(cid:152) (cid:306)(cid:194)ను మ(cid:131)ట(cid:371)(cid:132)డ(cid:166)త(cid:167)న(cid:356) with the permission of Chairman. service

ఒక(cid:336) (cid:501)(cid:509)షం (cid:293)(cid:371)(cid:261)(cid:552) (cid:296)ే(cid:526)(cid:352)ా (cid:510) బ(cid:132)గ(cid:158)ండదు ఎ(cid:509) interrupt year

బ(cid:132)గ(cid:158)ండదు మల(cid:371)(cid:131) మధ(cid:362)ల(cid:272) (cid:296)ే(cid:526)(cid:352)ార(cid:160) ఎందుక(cid:161) (cid:306)(cid:130)క(cid:161) అర(cid:355)ం (cid:293)ాదు (cid:306)(cid:194)ను (cid:511)త(cid:352)ం (cid:314)(cid:177)(cid:311)(cid:555)

. Any how thank you. Sorry, where there is trust, there are no

(cid:296)ేస(cid:352)ున(cid:356) (cid:304)(cid:155)(cid:501) గ(cid:158)(cid:312)(cid:153)ం(cid:489) questions. Mr. our Sreekanth Reddy garu, Managing Director garu trust

అంద(cid:312)(cid:153)(cid:293)(cid:141) మ(cid:131)క(cid:161) questions . especially vision already My question is the outlook

ఉం(cid:304)(cid:152) ఉండ(cid:575)స(cid:571) (cid:510) (cid:296)ె(cid:503)ా(cid:357)ర(cid:160) for financial 26 and geopolitical impact

ఎ(cid:509) ఉండదు ల(cid:187)ం(cid:300)(cid:140) మన ఇం(cid:300)(cid:140)య(cid:131) ల(cid:272)(cid:306)(cid:194) మన (cid:505)(cid:493)(cid:306)(cid:177)(cid:578)

. So what are the plans to increase the momentum, the growth

(cid:293)ాబట(cid:347)(cid:143) ఎ(cid:509) ఉండదు momentum? What are your strategic plans? I would like to know, Sir, these are only my views. Thank you so much, Sir.

మనక(cid:161) నమ(cid:361)కం ఉ(cid:306)(cid:130)(cid:356)క తర(cid:160)(cid:314)ాత (cid:510)ర(cid:160) అన(cid:515)ట(cid:143)(cid:545)(cid:376) (cid:296)ే(cid:526)(cid:352)ార(cid:160)

. So that .

(cid:510)క(cid:161) అనుభవం ఉం(cid:304)(cid:152) (cid:293)(cid:243)త(cid:352)(cid:314)ాళ(cid:371)(cid:168) (cid:293)ాదు (cid:516)డ(cid:571)(cid:376) మనం (cid:510)ర(cid:160) ఎం పట(cid:347)(cid:143)ంచు(cid:293)(cid:261)కం(cid:300)(cid:140) స(cid:571) ఒక(cid:336)డ(cid:166)

, .

ఏ(cid:512) అ(cid:305)(cid:130)(cid:501) స(cid:571) గ(cid:158)(cid:312)(cid:153)ం(cid:489) (cid:296)ె(cid:503)(cid:352)ాడ(cid:166) ఇం(cid:293)(cid:261)డ(cid:166) ఏ(cid:512) ఇం(cid:293)(cid:261)ట(cid:143) (cid:296)ె(cid:503)(cid:352)ాడ(cid:166) ఇం(cid:293)(cid:261)డ(cid:166) ఏ(cid:512) ఇం(cid:293)(cid:261)ట(cid:143) (cid:296)ె(cid:503)(cid:352)ాడ(cid:166)

, annual report . Thank you so much Raja

మన(cid:293)(cid:141) (cid:302)ె(cid:515)య(cid:304)(cid:130) స(cid:312)(cid:195) స(cid:571) ఎప(cid:173)(cid:357)డ(cid:166) (cid:306)(cid:130)క(cid:161) వ(cid:489)ం(cid:304)(cid:152) స(cid:571)

Reddy

(cid:294)ార(cid:160) (cid:510) (cid:516)డ(cid:312)(cid:375)(cid:153)(cid:565) ల(cid:272) (cid:501)జం (cid:294)ా (cid:296)(cid:130)ల(cid:131) మల(cid:371)(cid:131) మల(cid:371)(cid:131) (cid:503)(cid:251)గడడం (cid:293)ాదు మన కం(cid:307)(cid:191)(cid:502) (cid:312)(cid:178)ప(cid:174)(cid:362)ట(cid:206)ష(cid:564)

, . ,

ల(cid:131)(cid:294)ా (cid:510) (cid:505)(cid:318)(cid:210)(cid:519)య(cid:571) ఉం(cid:304)(cid:152) (cid:293)ాబట(cid:347)(cid:143) (cid:510) (cid:307)(cid:208)ర(cid:160) మల(cid:371)(cid:131) మల(cid:371)(cid:131) (cid:296)ె(cid:503)ా(cid:357)(cid:515)(cid:376) వస(cid:352)ుం(cid:304)(cid:152) స(cid:571) (cid:510)ర(cid:160) (cid:296)ెప(cid:352)(cid:173)ంట(cid:132)ర(cid:160)

. . . I

(cid:306)(cid:130) (cid:307)(cid:208)ర(cid:160) (cid:296)ెప(cid:357)కం(cid:300)(cid:140) అంట(cid:132)ర(cid:160) మ(cid:312)(cid:153) (cid:296)ె(cid:503)ా(cid:357)(cid:515)(cid:376) వస(cid:352)ూం(cid:304)(cid:152) (cid:510)ర(cid:160) (cid:296)ే(cid:317)ి(cid:311)(cid:202) స(cid:312)(cid:156)(cid:373)(cid:578) అల(cid:371)(cid:131)ంట(cid:143)(cid:304)(cid:152) స(cid:571) (cid:293)ాబట(cid:347)(cid:143) would like to thank entire team of our Company Secretarial team sir.

ఇం(cid:293)(cid:261)కట(cid:143) స(cid:571) ఇంత

, visit . Madhya Pradesh ,

(cid:296)ేస(cid:352)ు(cid:306)(cid:130)(cid:356)ర(cid:160) మ(cid:131)క(cid:161) (cid:503)(cid:371)ాం(cid:555) (cid:296)ే(cid:307)ియం(cid:300)(cid:140) స(cid:571) క(cid:161) (cid:293)(cid:243)ంద(cid:312)(cid:153)(cid:501) జ(cid:318)(cid:139)(cid:312)ాబ(cid:132)(cid:562)

. years , .

పంపం(cid:300)(cid:140) స(cid:571) (cid:296)(cid:130)ల(cid:131) నుం(cid:300)(cid:140) అడ(cid:166)గ(cid:158)త(cid:167)నం స(cid:571) (cid:293)(cid:243)ంతమం(cid:304)(cid:152) (cid:316)(cid:208)(cid:571)హ(cid:275)ల(cid:349)(cid:571)(cid:376) (cid:501) పంపం(cid:300)(cid:140) స(cid:571) (cid:310)(cid:201)మ(cid:158)

. . Sir VC is

అందరం ఒక(cid:336) ట(cid:149)ం ల(cid:131)గ (cid:314)(cid:177)(cid:313)(cid:352)(cid:136)మ(cid:158) స(cid:571) మమ(cid:515)(cid:356) పం(cid:307)ియం(cid:300)(cid:140) స(cid:571) (cid:310)(cid:201)మ(cid:158) చూసుక(cid:161)ంట(cid:132)ం good sir. Please continue VC. We can able to attend any where in the global. The problem is with KFin. phone is updated sir. version, updated .

స(cid:571) (cid:306)(cid:194)ను (cid:306)(cid:130) (cid:293)(cid:261)(cid:408)త(cid:352) (cid:306)(cid:130)(cid:304)(cid:152) (cid:296)(cid:130)ల(cid:131)

. . 17000 .

డబ(cid:158)(cid:359)ల(cid:161)(cid:307)(cid:191)ట(cid:347)(cid:143)(cid:293)(cid:243)(cid:306)(cid:130)(cid:356)ను తర(cid:160)వత ఇయ(cid:571) (cid:503)ా(cid:557)(cid:376) క(cid:161)(cid:300)(cid:130)(cid:293)(cid:243)(cid:306)(cid:130)(cid:356)ను ఇయ(cid:571) (cid:503)ా(cid:557)(cid:376) క(cid:161)(cid:300)(cid:130)(cid:293)(cid:243)(cid:306)(cid:130)(cid:356)ను idea . , . ,

(cid:293)ా(cid:501) (cid:312)ావడమ(cid:158) ల(cid:204)దు (cid:503)(cid:251)(cid:404)ద(cid:354)ున(cid:356) (cid:503)(cid:269)(cid:311)ం(cid:304)(cid:152) ఇప(cid:173)(cid:357)డూ (cid:503)(cid:269)(cid:311)ం(cid:304)(cid:152) ఎ(cid:509) (cid:296)ె(cid:503)ా(cid:357)(cid:515) (cid:526)ా(cid:571) (cid:306)(cid:194)ను ఎ(cid:501)(cid:356)

KFin is good, KFin is good . But there is no, I am facing the personal

(cid:526)ార(cid:371)(cid:160) (cid:503)(cid:251)(cid:294)(cid:153)(cid:300)(cid:130)ను అ(cid:501) technical problem. Please look into my problem. Mr. KFin team. Thank you Sir. We have faith on the board trust on the Board Sreekanth Reddy garu and also Anand Reddy garu,

Raja Reddy garu and all. Vishnu Raju garu Chairman sir .

(cid:510)(cid:516)డ(cid:312)(cid:375)(cid:153)(cid:565)ల(cid:272)మం(cid:489)జర(cid:160)గ(cid:158)(cid:302)(cid:130)ఉం(cid:304)(cid:152)

Moderator

The next speaker is Mr. Saabahath Ali Khan. Mr. Saabahath Ali Khan, please unmute yourself and ask your question sir. Mr. Saabahath Ali Khan. Mr. Saabahath Ali

Khan, please unmute yourself and ask your question sir. No response, Sir.

That concludes the speaker list. Over to you, Sir.

Mr. K V Vishnu Raju (Chairman): Thank you very much. Thank all the shareholders for their queries and interest in the Company and today I think specifically Mr. Kamal Kishor ji and Mr. Srikanth Jawar ji, Mr. Praful Chavda ji and I think Mr. Badri Vishal Bajaj ji.

Similarly, Mr. Suresh Chand Jain ji and Mr. Reddeppa Gundluru Garu and Mr. Afzal

Urrahmansufi Mohd Ji and Mr. Bharat Raj. Thank you all for your interest and concerns and questions regarding the Company. We have noted down all the points and I think many of these queries seem to be of common interest regarding the future of the

Company and also which markets we are going to service. What's the future of the

Company, right? I would like to request Mr. Sreekanth Reddy to actually share his thoughts and answer your question queries. Thank you very much.

Mr. S. Sreekanth Reddy (Joint Managing Director): Thank you. With your permission.

Yeah, some of the questions pertain to the past year's performances sir. Let me state on record, of course, every quarter we have been very consistent. Last 18 months have been extremely difficult from an industry perspective and more critical in the South where the prices actually collapsed along with the input pricing. Yeah, we believe the worst is behind and we are hoping for a very strong next few years. Of course, outlook of it too soon. We are just completed or about to complete the third one. I'm sure once the

Q1 results are out and we will be available to addressing some of the queries you might have post that scenario because I do not want to get complicated into forward-looking statements and restrictions at this point of time. And Vishal ji, you're always welcome and you will be more than happy. Always we learn to show you what how things have been planned, how it worked out and how it is likely to span out into the future. The next is from the perspective of a road map. We did indicate that our vision is to double every 10 years. So part of the vision was to reach 10 million goal by FY 25. With your support we could reach to that goal at least a year before. It was a tough year because we did integrate a Company called Andhra Cements from NCLT, but fortunately it also looks like it is going to turn around soon. So with that support coming in, we are more than hoping that the results would start becoming much better. So the idea is to become a 20 million by FY 35. So that has been clearly stated with some of the expansions that are happening around the intermediate target is to reach 15,000,000 by FY 30. That also has been clearly stated earlier even in the previous last year's speech by our Chairman and we are working towards that step. So we definitely have a lot of dealers in

Hyderabad just on record we are among the top three players in both Telugu states. So I think you could reach out to Mr. Raja Reddy to connect with the dealer closest to your place. We will be more than happy to accommodate whatever is the best discounts that are possible for our stakeholders. Regarding the plant visit, as always, we are very clear that if anybody reaches to the plant gate, kindly get connected with our secretarial team.

They would be more than happy to facilitate the visit to any of the plants around the six units that we have across the country. So I hope I have covered most of the query lists.

Thank you. Thank you, Sir.

Mr. K V Vishnu Raju (Chairman): Thank you, Mr. Sreekanth. So now we will come to the conclusion.

Dear shareholders, this concludes the business part of this meeting.

I wish to place on record my appreciation of the valuable and continued co-operation extended by all the Shareholders, Clients, Customers, Vendors, Bankers, Regulatory and

Government Authorities and Business Associates of the Company.

I also take this opportunity to place on record my appreciation of the contributions made by the employees of the Company at its all levels and last but not the least, of the continued confidence reposed by you in the Management.

Before I conclude, I would like to thank the shareholders for their continued trust and confidence in the Management of the Company.

I am sure many of you would have already exercised their voting through the remote e- voting process and I would request those who have not done so, to exercise their voting by making use of the facilities made available in this meeting.

Thank you all again for your participation in this meeting and your patient hearing.

The Instapoll facility will be activated now to enable members who have not cast their votes earlier through remote e-voting. This facility is available on the left-hand corner of the Video Conferencing screen in the form of a ‘Thumb’ sign. Members can click on the same to take them to the Instapoll page and vote. This facility will be available for a period of 15 minutes.

Shri. S. Srikanth, Partner representing M/s B S S and Associates, Scrutinizers will submit their report in due course to the Company after consolidating the remote e-voting and voting at this AGM.

As there is no other business to be transacted, I declare the meeting as closed. I thank all the shareholders for connecting with us today. I also thank the KFintech team for facilitating the Video Conferencing which enabled connecting with our shareholders across the world and the other service providers for ensuring seamless conduct of the meeting.

Thank you all.