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
About Andhra Cements Limited (ACL)
Construction Materials · Cement & Cement Products · Listed on NSE
Market Cap: ₹514.41 Cr
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📊 More ACL filings
- share transfer — 9 July 2026 Andhra Cements Limited received a compliance certificate from CIL Securities confirming adherence to...
- 🔴 Announcement — 3 July 2026 Andhra Cements Limited announced that India Ratings assigned a stable IND BBB rating to its loan fac...
- 🟡 Board Meeting — 26 June 2026 Andhra Cements Limited held its 87th AGM on 25 June 2026 via video conference, where shareholders ap...
- Financial Results — 25 June 2026 Andhra Cements Limited announced that its trading window will close on 1st July 2026 and remain clos...
- 🔴 Announcement — 22 June 2026 No summary available
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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.
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