Paterson & Co cuts stake in India Cements Capital to 22.60%

Paterson & Co reduced its shareholding in India Cements Capital Ltd by selling 4,73,976 equity shares via an open market transaction on July 7, 2026. The sale decreased the acquirer's stake from 24.74% to 22.60% of the total paid-up equity share capital. The disclosure was submitted to the BSE in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The transaction involved Mr. M. Amarnath and Mrs. Vidya Amarnath, representing Paterson & Co. Prior to the disposal, the acquirer held 53,72,000 equity shares, which accounted for 24.74% of the company's voting rights. Following the sale, the holding stands at 49,06,046 equity shares. The acquirer clarified that they do not belong to the promoter or promoter group of the target company.

Transaction Details

The total paid-up equity share capital of India Cements Capital Ltd remains unchanged at 2,17,06,200 shares. The sale was executed entirely through the open market route. No shares were encumbered, and no warrants or convertible securities were involved in the transaction.

Shareholding Pattern

Description	Number of Shares	% of Total Share Capital
Holding before sale	53,72,000	24.74%
Shares sold	4,73,976	2.18%
Holding after sale	49,06,046	22.60%
Total paid-up equity share capital	2,17,06,200

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.95%	-10.64%	+10.19%	+23.25%	-8.87%	+140.41%

India Cements Capital Limited has closed its trading window for designated persons effective July 1, 2026, to prevent insider trading ahead of its financial results. The window will remain shut until 48 hours after the company declares its financial results for the quarter and year ended June 30, 2026. This measure is part of the company's compliance with its Code of Conduct to regulate, monitor, and report trading by insiders.

The closure applies to all directors, designated persons, and connected persons. These individuals are strictly advised not to deal in the equity shares of India Cements Capital during the specified period. The disclosure was formally communicated to BSE Limited on June 23, 2026.

Key Dates and Restrictions

Event	Date
Trading window closure	July 1, 2026
Financial results period	Quarter and year ended June 30, 2026
Window reopens	48 hours after results declaration

The company's Corporate Identity Number is L65191TN1985PLC012362, and its shares are listed on BSE under the scrip code 511355. The communication was signed by Company Secretary Suresh Krishnamurthy.