Sagar Cements Limited — Others, 01-07-2025: Shareholders meeting

Sagar Cements has announced the completion and approval of all resolutions at its 44th Annual General Meeting held through video conferencing. Key approvals include adoption of the financial results for the quarter and half-year, re-appointment of directors Shri S. Sreekanth Reddy and Smt. S. Rachana, appointment of B S R and Co. as statutory auditors for five years, and re-appointment of Smt. Onteddu Rekha as an independent director. The company also ratified remuneration for cost auditors and appointed B S S & Associates as secretarial auditors for five years. Shareholders approved material related party transactions involving corporate guarantees and pledges by its subsidiary Andhra Cements Limited for credit facilities of Rs. 315 Cr. All resolutions passed with overwhelming majority. This strengthens corporate governance and supports operational financing needs, positively impacting shareholder interests.