Sagar Cements Limited has confirmed that it did not create any new encumbrances on its shareholdings in Andhra Cements Limited during the financial year 2025-26. The disclosure, submitted to the National Stock Exchange of India and BSE Limited, confirms that the promoter group has not pledged or otherwise charged its shares beyond what was previously reported. This compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, provides transparency regarding the promoter's leverage against its holdings in the cement manufacturer.

The declaration, dated April 7, 2026, was signed by Dr. S. Anand Reddy, Managing Director of Sagar Cements Limited. It explicitly states that neither the promoter nor persons acting in concert have made any encumbrance, directly or indirectly, other than those already disclosed during the financial year. The filing was forwarded by G. Tirupati Rao, Company Secretary of Andhra Cements Limited, to the exchanges for record-keeping purposes.

Key Disclosure Details

The submission outlines the status of the promoter's shareholding in Andhra Cements Limited. The table below summarizes the regulatory context of the filing.

Andhra Cements Limited operates as a subsidiary of Sagar Cements Limited. The registered office of Andhra Cements is located at Durga Cement Works in Palnadu District, Andhra Pradesh, while the corporate office of Sagar Cements is situated in Jubilee Hills, Hyderabad. The disclosure ensures that the exchanges and investors are informed about any potential risks associated with the promoter's pledged holdings, which in this case remain unchanged from prior disclosures.

Andhra Cements Limited, a subsidiary of Sagar Cements Limited, has informed the stock exchanges of its decision to convene the 87th Annual General Meeting (AGM) and has issued an intimation under Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the closure of transfer of books. The intimation was made vide reference ACL:SEC-2026 dated May 14, 2026.

AGM and Book Closure Details

The Board of Directors of Andhra Cements resolved to convene the 87th AGM on Thursday, June 25, 2026, to be conducted through video conference or other audio visual means. The company has informed that the Register of Members and the Share Transfer Books will remain closed from June 19, 2026 to June 25, 2026 (both days inclusive), for the purpose of determining shareholders eligible for voting on the resolutions proposed at the AGM.

Key details of the upcoming AGM and book closure are summarised below:

Shareholder Communication

Andhra Cements has stated that the notice of the AGM, along with other related reports, will be sent to shareholders in due course. The intimation was signed by G. Tirupati Rao, Company Secretary (M. No. FCS-2818), on behalf of Andhra Cements Limited.

The company's registered office and works are located at Durga Cement Works, Durgapuram, Srinagar Post, Dachepalli Mandal, Palnadu District, Andhra Pradesh. The company also operates a Vizag Unit at Visakha Cement Works, Parlupalem Village, Durganagar Post, Visakhapatnam, Andhra Pradesh. The corporate office is situated at Plot No. 111, Road No. 10, Jubilee Hills, Hyderabad, Telangana.