Sagar Cements Limited has formally notified stock exchanges about the re-appointment of Smt. N. Sudha Rani as Nominee Director, following successful shareholder approval through postal ballot voting concluded on March 13, 2026. The company submitted the regulatory intimation to BSE and NSE in compliance with SEBI regulations.

Director Re-appointment Details

The company confirmed that shareholders approved the re-appointment of Smt. N. Sudha Rani (DIN: 09032212) as Nominee Director representing Telangana Industrial Development Corporation Limited (TSIDC) on the Board of Sagar Cements Limited. Her tenure extends from January 20, 2026, till January 31, 2028.

Postal Ballot Process and Results

The postal ballot notice was dispatched on February 10, 2026, to members whose email addresses were registered with the company or depositories. The remote e-voting period commenced on February 12, 2026, at 9.00 a.m. IST and concluded on March 13, 2026, at 5.00 p.m. IST. The cut-off date for determining voting eligibility was February 06, 2026, with 33,888 shareholders on record.

All three resolutions received strong shareholder support, with the director re-appointment resolution achieving 99.71% approval:

Additional Approved Resolutions

Besides the director re-appointment, shareholders approved the appointment of Mr. Sammidi Siddarth as Manager (Operations) with a monthly remuneration of Rs.5,00,000 and an annual increment of 10%. The Board received authorization to modify terms and conditions within approved limits.

Shareholders also approved material modifications to related party transactions with subsidiary Andhra Cements Limited, increasing the aggregate value from Rs.315 crores to Rs.630 crores for one year, along with approval for providing a loan of Rs.125 crores to Andhra Cements Limited.

Regulatory Compliance

Company Secretary J. Raja Reddy signed the formal intimation to stock exchanges, confirming compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, particularly Regulation 30. The company confirmed that Smt. N. Sudha Rani has not been debarred from holding the office of Director by any SEBI order or other authority.

B S S & Associates, Company Secretaries, served as the appointed scrutinizer for the postal ballot process, with KFin Technologies Limited providing the electronic voting platform. The successful completion enables Sagar Cements to proceed with its approved strategic initiatives and governance appointments.

Sagar Cements has unveiled its comprehensive capital expenditure strategy during a recent conference call, outlining substantial investment plans for the current and upcoming fiscal years. The cement manufacturer's strategic approach demonstrates a commitment to sustained growth and operational enhancement.

Capital Expenditure Overview for FY26

The company has established a robust financial framework for FY26 with significant capital allocation. The following table presents the key expenditure details:

The company has demonstrated strong execution capabilities by deploying ₹303.00 crores during the first nine months of FY26. This represents approximately 62% of the total budgeted amount, indicating efficient capital utilization and project implementation.

Future Investment Plans

Looking beyond the current fiscal year, Sagar Cements has outlined its investment strategy for FY27. The company has budgeted ₹291.00 crores for capital expenditure in the upcoming fiscal year, reflecting continued focus on growth and modernization initiatives.

Strategic Investment Approach

The capital expenditure guidance reveals a structured approach to business expansion and operational enhancement. With substantial investments planned across two fiscal years, the company appears focused on strengthening its market position and operational capabilities. The systematic deployment of capital resources demonstrates management's confidence in the business outlook and growth prospects.

The completion of 62% of the FY26 budget within the first nine months suggests effective project management and execution capabilities. This performance provides confidence in the company's ability to deliver on its stated capital expenditure commitments for both current and future fiscal years.