ACL

On January 9 and 12, 2026, Sagar Cements Limited, the promoter of Andhra Cements Limited, sold 71,48,978 equity shares of Andhra Cements, representing 7.76% of its total issued and paid-up equity share capital, through an Offer for Sale (OFS) mechanism on the National Stock Exchange (NSE) and BSE. This sale was conducted to meet the Minimum Public Shareholding requirement as per SEBI regulations and followed the guidelines outlined in SEBI's OFS Circular dated December 30, 2024. Post-sale, Sagar Cements' holding in Andhra Cements reduced from 90% to 82.24%. The transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.