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

RCC Cements' Board has approved a significant strategic shift, diversifying into consumer electronics, mobile phones, and computer hardware, necessitating updates to its foundational documents. The Board also appointed Mr. Faizal Bavaraparambil Abdul Khader as a Non-Executive Non-Independent Director and Mr. Shatrughan Sahu as an Independent Director. Financial flexibility was boosted, setting borrowing limits at 200 Cr, and limits for investments/loans/guarantees at 50 Cr. Related party loans up to 25 Cr and material related party transactions up to 25.60 Cr were approved. An Extraordinary General Meeting will be called for shareholder approvals on these key initiatives.