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.

Sagar Cements has announced a significant corporate action involving the divestment of its stake in subsidiary Andhra Cements through an offer-for-sale (OFS) mechanism. The investment committee of the board of directors approved this strategic move on January 8, 2026, setting the stage for a substantial equity transaction in the cement sector.

OFS Details and Structure

The company will offer up to 75 lakh equity shares of Andhra Cements, each carrying a face value of ₹10. This represents an 8.14% stake in the subsidiary company. The OFS has been structured with a phased opening schedule to accommodate different investor categories.

Market Performance Analysis

Sagar Cements shares experienced a decline on the announcement day, closing 4.63% lower at ₹207.05 compared to the previous close of ₹217.10. The stock's performance has shown mixed trends across different time horizons, reflecting varying market sentiments and business cycles.

The company's shares reached their 52-week high of ₹300.00 on September 5, 2025, while the 52-week low stood at ₹155.05 on April 1, 2025. As of January 8, 2026, Sagar Cements maintained a market capitalisation of ₹2,706.30 crore.

Subsidiary Performance Metrics

Andhra Cements, the subsidiary subject to the OFS, also showed recent market activity. The shares closed marginally lower at ₹68.97, down 0.48% from the previous close of ₹69.30. The subsidiary's stock performance has faced headwinds over the past year.

Strategic Implications

The OFS represents a strategic divestment by Sagar Cements in its subsidiary operations. The transaction will provide market participants with an opportunity to directly invest in Andhra Cements while allowing the parent company to potentially realise value from its investment. The floor price of ₹72.00 per share indicates the minimum price at which the shares will be offered to investors.

The phased opening structure, beginning with non-retail investors on January 9, 2026, followed by the inclusion of retail investors from January 12, 2026, follows standard market practices for such offerings. This approach typically helps in price discovery and ensures orderly market participation across different investor segments.