The promoters of Shree Digvijay Cement Company Limited have confirmed that no encumbrance was created on the shares held by them during the financial year ended March 31, 2026. This declaration ensures that the promoter group's shareholding remains free from charges or liens, providing clarity to shareholders regarding the status of these holdings.

The disclosure was submitted to the National Stock Exchange of India Limited on April 7, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires promoters to periodically disclose any encumbrance on their shareholdings to ensure transparency in the market.

The declaration was made on behalf of the promoter group, which includes India Resurgence Fund - Scheme 1, India Resurgence Fund 2 - Scheme 2, and India Resurgence Fund 2 - Scheme 4. These entities act as the promoters of Shree Digvijay Cement Company Limited.

The filing was signed by Mitesh Maheshchand Kothari as the authorised signatory. The confirmation covers the entire financial year ended March 31, 2026, and confirms that no direct or indirect encumbrance was made on the shares held by the promoters during this period.

Key Disclosure Details

Shree Digvijay Cement Company Limited has appointed Mr. Amit Arora as its Chief Executive Officer and Managing Director for a period of five years effective from August 24, 2026, subject to shareholder approval. The decision was taken by the Board of Directors at its meeting held on May 29, 2026, based on the recommendation of the Nomination and Remuneration Committee. This appointment fills the vacancy caused by the resignation of Mr. R. Krishnakumar.

Mr. Amit Arora, aged 43 years, brings over two decades of experience in the cement industry to the role. He is currently serving as Plant Head at Vicat Group's Kalaburgi Cement and has previously held strategic leadership positions, including Plant Head with ACC Limited. His expertise spans plant operations, P&L management, supply chain optimization, and digital transformation. Mr. Arora holds a B.Tech in mechanical engineering and an MBA from the Indian Institute of Management (IIM) Indore.

The Board has designated Mr. Arora as Key Managerial Personnel under Section 203 of the Companies Act, 2013. The company disclosed that he is not related to any of the existing Directors or Key Managerial Personnel. Furthermore, Mr. Arora is not debarred from holding the office of Director by any SEBI order or other authority.

The appointment is pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting, which commenced at 12:00 Noon and concluded at 12:20 P.M., also reviewed the necessary disclosures required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Appointment Details

The following table summarises the key details of Mr. Arora's appointment: