Shree Cement has executed a major block trade on the National Stock Exchange (NSE), marking a significant institutional transaction in the cement sector. The latest block trade demonstrates substantial market activity in the company's shares at current price levels, with increased transaction value compared to previous institutional trades.

Updated Block Trade Details

The latest transaction involved key parameters that highlight the enhanced scale of this institutional trade:

Transaction Significance

Block trades typically involve large institutional investors and represent significant market transactions that are executed outside the regular trading mechanism. The price of ₹26,470.00 per share reflects the current market valuation at which institutional participants are willing to transact in Shree Cement shares.

The updated transaction value of ₹79.55 crores indicates heightened institutional interest in the cement sector, with Shree Cement being the focus of this particular large-scale trade. Such block trades often signal institutional portfolio adjustments or strategic investment decisions by large market participants.

Market Impact

This block trade represents a notable transaction in the cement industry, with the execution at ₹26,470.00 per share providing a reference point for institutional trading activity. The completion of this trade on the NSE platform ensures transparency and regulatory compliance for such large-volume transactions. The increased transaction size demonstrates growing institutional confidence in the company's market position.

Shree Digvijay Cement Company Limited (ISIN: INE232A01011) has received partial relief in its appeal against penalties imposed by the Registrar of Companies (ROC) for non-compliance with beneficial ownership filing requirements. The Regional Director, North-Western Region, Ministry of Corporate Affairs, Ahmedabad, has partially allowed the company's appeal, resulting in a significant reduction of the total penalty amount.

Key Developments

• The Regional Director's order, dated 1st December 2025, dropped penalties amounting to Rs. 8,48,400 under Section 90(4A) of the Companies Act, 2013.
• Penalties totaling Rs. 4,50,000 under other sections were maintained.

Penalty Details

The violations were related to the non-filing of BEN-1 and BEN-4 forms concerning the shareholding of Votorantim Cimentos EAA Inversiones S.L., the company's erstwhile holding company. The penalties, as per the Regional Director's order, are summarized in the following table:

Impact and Company's Response

Shree Digvijay Cement has stated that there is no material impact on the company's financial operations or other activities. The company is considering exploring further available remedies against the order, as some of its contentions were not fully considered by the appellate authority.

Background

The non-compliance issue arose from changes in the company's ownership structure. Effective from 16 April 2019, Votorantim ceased to be a promoter of the company following the acquisition of majority shares by the current promoter, True North Fund VI LLP, pursuant to a Share Purchase Agreement dated 12 November 2018.

This development underscores the importance of timely compliance with regulatory requirements, particularly during ownership transitions. It also highlights the potential for companies to seek relief through the appeals process when faced with regulatory penalties.

Investors and stakeholders of Shree Digvijay Cement should take note of this regulatory development, as it demonstrates the company's engagement with regulatory processes and its potential impact on financial obligations.