Andhra Cements Limited (ACL) — Board Meeting

· NSE 🟡 Notable Neutral
📢 Key Event
Board approved scheme of amalgamation with Sagar Cements Limited
🔄 What Changed
Post-merger shareholding: Sagar Cements will own 100% of Andhra Cements; no cash consideration; share swap ratio of 29 shares for every 98 shares
🔮 What's Next
Scheme requires shareholder and regulatory approvals including NCLT, BSE, NSE, and SEBI
💡 Investor Takeaway
Shareholders will receive shares in Sagar Cements, eliminating Andhra Cements as a separate entity and creating a unified cement group

No summary available

📄 View Original Announcement (PDF)

About Andhra Cements Limited (ACL)

Construction Materials · Cement & Cement Products · Listed on NSE

Market Cap: ₹514.41 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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