Shree Digvijay Cement Refutes Speculation on Adani Group's Interest in Assets
Shree Digvijay Cement Company has officially refuted market speculation about the Adani Group's potential acquisition of its plant and port assets. The company stated it has no knowledge of such developments and doesn't comment on market speculations. In a clarification to BSE Limited, the cement manufacturer affirmed its compliance with all necessary disclosures under SEBI regulations and attributed recent share price movements to market dynamics.

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Shree Digvijay Cement Company has officially addressed recent market speculation regarding the Adani Group's potential interest in acquiring its plant and port assets. The cement manufacturer has categorically stated that it has no knowledge of any such developments.
Company's Official Statement
In response to a news item that appeared on a financial news platform, Shree Digvijay Cement issued a clarification to the BSE Limited on August 25, 2025. The company's Vice President (Legal) & Company Secretary, Suresh Kumar Meher, stated, "Shree Digvijay Cement Company Limited is not aware about any such development, and we don't comment on market speculations."
Regulatory Compliance
The cement maker emphasized its commitment to transparency and regulatory compliance. In its communication to the BSE, the company affirmed that it has made all necessary disclosures as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
Shree Digvijay Cement assured stakeholders that it has not withheld any events, information, or announcements, including price-sensitive information, that could impact the company's operations, performance, or stock price behavior.
Market Movements
Addressing the recent fluctuations in its share price, Shree Digvijay Cement attributed these movements to market dynamics. The company stated, "In our opinion, the movement in the share price of the Company is purely market driven."
This clarification from Shree Digvijay Cement comes amidst ongoing speculation in the cement sector about potential acquisitions and consolidations. The company's prompt response to the rumors underscores its commitment to maintaining clear communication with its investors and regulatory bodies.
As the situation develops, market observers will likely continue to monitor both Shree Digvijay Cement and the broader cement industry for any signs of significant corporate movements or strategic shifts.
Historical Stock Returns for Shree Digvijay Cement Company
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-6.82% | +11.65% | +12.68% | +40.19% | -5.97% | +88.49% |