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Announcement under Regulation 30 (LODR)-Press Release / Media Release

<BR> Press Release<BR> Implementation of the amalgamation scheme involving OCL DCEL and ODCL<BR> Intimation of Record Date of OCL India Limited<BR> <BR> The Board of Directors (BOD) today approved the implementation of the scheme of Arrangement and Amalgamation of OCL India Limited (OCL) and Dalmia Cement East Limited (DCEL) & other associates into Odisha Cement Limited (ODCL). Post-merger ODCL shall be renamed as OCL India Limited.<BR> The BOD fixed October 26 2018 as the Record Date for determining the eligible shareholders of OCL for issue of ODCL shares on merger. Consequently the shares of OCL India Limited shall cease to trade w.e.f. Oct. 26 2018.<BR> The implementation timelines of amalgamation of DBL shall be communicated shortly.<BR> <BR>