The India Cements Limited (INDIACEM) — Announcement Announcement
📢 Key Event
Postal ballot notice issued for special business item amid SARFAESI e-auction proceedings
🔄 What Changed
Auction notices published for two mortgaged properties with specific reserve prices and EMD requirements
💡 Investor Takeaway
Shareholders should note these property sales are unrelated to the company's core cement business operations.
The India Cements Limited issued a postal ballot notice for a special business item alongside multiple SARFAESI e-auction notices for mortgaged properties, including a 2408.25 sq. ft. plot in Tiruppur and a 3.08-acre site in Thandarampattu, with reserve prices and earnest money requirements disclosed for April 2026 auctions.
📄 View Original Announcement (PDF)
About The India Cements Limited (INDIACEM)
Construction Materials · Cement & Cement Products · Listed on NSE
Market Cap: ₹12,400.54 Cr
P/E: -56.7
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.