Sagar Cements Limited has completed a significant divestment in its subsidiary Andhra Cements Limited, selling equity shares worth 7.76% of the company's total paid-up capital through stock exchange mechanisms on January 09 and 12, 2026.

Share Sale Details

The cement manufacturer sold 71,48,978 equity shares of Andhra Cements Limited with a face value of ₹10.00 each through an offer for sale mechanism. The transaction was conducted in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/P/CIR/2023/18 dated February 3, 2023.

Shareholding Changes

The divestment has resulted in a notable shift in the ownership structure of Andhra Cements Limited. Sagar Cements' promoter holding has been reduced substantially as part of the regulatory compliance initiative.

Regulatory Compliance

The share sale is part of Sagar Cements' efforts to achieve Minimum Public Shareholding requirements for Andhra Cements Limited. The company is working towards meeting the mandatory 25% public shareholding threshold within the stipulated time period.

The transaction aligns with regulatory requirements under:

• Rules 19(2)(b) and 19A of the Securities Contracts (Regulation) Rules 1957
• Regulation 38 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Market Implications

With the current public shareholding at 17.76%, Andhra Cements Limited still needs to increase public participation by an additional 7.24% to reach the mandated 25% minimum public shareholding. The company has indicated it is in the process of achieving this requirement within the regulatory timeframe.

The systematic approach through stock exchange mechanisms ensures transparent price discovery and provides retail investors with opportunities to participate in the cement company's equity. This move reflects Sagar Cements' commitment to regulatory compliance while maintaining its controlling stake in the subsidiary.

Sagar cements Limited has announced that its Board of Directors will convene on January 21, 2026, to review and approve the company's financial performance for the third quarter of fiscal year 2026. The meeting will be held at the company's registered office located at Plot No. 111, Road No. 10, Jubilee Hills, Hyderabad.

Board Meeting Details

The scheduled board meeting will focus on considering and taking on record the unaudited standalone and consolidated financial results for specific reporting periods. The company has provided clear information about the scope and timing of this important corporate governance event.

Financial Results Coverage

The board will review comprehensive financial data covering multiple reporting periods. The meeting agenda includes consideration of both quarterly and cumulative performance metrics for the current fiscal year.

Key Financial Results to be Reviewed:

• Unaudited standalone financial results for Q3FY26
• Unaudited consolidated financial results for Q3FY26
• Nine months period performance ended December 31, 2025
• Comparative analysis and performance assessment

Trading Window Closure

Sagar Cements Limited has implemented trading window restrictions in accordance with regulatory requirements. The company referenced its previous communication dated December 26, 2025, regarding the closure of the trading window for designated persons.

Regulatory Compliance

The board meeting announcement fulfills the company's obligations under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to provide advance notice to stock exchanges about board meetings where financial results will be considered.

The company has formally notified both the National Stock Exchange of India Limited and BSE Limited about the scheduled meeting. Company Secretary J. Raja Reddy signed the official communication, ensuring proper documentation and compliance with regulatory requirements.

Corporate Infrastructure

Sagar Cements Limited operates from multiple locations across India, with manufacturing facilities in Telangana, Andhra Pradesh, and Odisha. The company maintains its registered office in Hyderabad's Jubilee Hills area, which will serve as the venue for the upcoming board meeting. The organization holds various quality and environmental certifications, including ISO 9001, ISO 14001, ISO 45001, and ISO 50001 standards.