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With Reference to the earlier announcement dated November 19 2018 regarding Fixation of Record Date (November 30 2018) in respect of the Scheme of Arrangement and Amalgamation amongst Dalmia Bharat Limited Dalmia Cement (Bharat) Limited And Odisha Cement Limited (Company) Dalmia Bharat Ltd has further submitted to BSE a copy of Note on Scheme of Arrangement and Amalgamation.

This is in continuation to our letter dated October 31 2018 vide which it was informed that the Board of Directors of 0disha Cement Limited (to be renamed as Dalmia Bharat Limited) has recommended the dividend for the financial year 2017-18.<BR> In this connection it is hereby informed that the Company shall hold its Annual General Meeting on or before December 31 2018 and the book closure period for the same will be fixed and informed accordingly. All the shareholders of 0disha Cement Limited as on the book closure will be entitled to get the Dividend.

This is in continuation of our earlier letter dated October 30 2018 vide which it was intimated to<BR> your good office(s) that the aforesaid Scheme has been implemented on October 30 2018 effective<BR> from the appointed date i e January 1 2015 in terms of the Scheme.<BR> In this connection It is hereby informed that November 30 2018 is fixed as the Record Date for<BR> determining the shareholders of erstwhile Dalmia Bharat Limited who would be allotted equity<BR> shares of Rs. 2 each of the Company in the ratio of 2:1 {meaning thereby that for 1 (One) equity<BR> share of face value of Rs. 2/- (Rupees Two only) each fully paid held by such shareholder in Dalmia<BR> Bharat Limited as on the Record Date such shareholder shall receive 2 (Two) equity shares of the<BR> Company of face value of Rs. 2/- (Rupees Two only) each fully paid up}.<BR> Further the Company shall list such shares on BSE Limited and National Stock Exchange of India<BR> Limited and requisite application shall be filed post allotment of said shares.<BR> Please take the above on record and do the needful at your end.

This is to intimate that RPPL a step down subsidiary of the Company filed a Civil Appeal before the Honble Supreme Court of India challenging Impugned Order dated November 14 2018 passed by NCLAT in Company Appeal (AT) (Insolvency) No. 188 of 2018 where by the revised resolution plan submitted by UltraTech Cement Limited is approved.<BR> <BR> The said appeal of RPPL was mentioned for hearing before the Court of Honble Chief Justice of India. Upon hearing and having seen the urgency the matter has been directed to be listed for hearing on November 19 2018.<BR> <BR> Accordingly the impugned NCLAT Order under challenge cannot be given effect at this stage.<BR>

Clarification with respect to Dividend declared by Dalmia Bharat Limited<BR> <BR>