RCC Cements Ltd — Important, 19-06-2026: Company Update

RCC Cements Limited's Board approved a major business diversification into consumer electronics, mobile phones, and computer hardware. This move, requiring updated corporate documents, aims to tap into high-growth sectors. The Board also onboarded two new directors: Mr. Faizal Khader, with expertise in the new business, and Mr. Shatrughan Sahu. To support growth, borrowing limits were increased to 200 Cr, general investment/loan limits to 50 Cr, and specific loans to interested directors to 25 Cr. Material related party transactions up to 25.60 Cr were also approved. An Extraordinary General Meeting will seek shareholder consent for these strategic initiatives.