Sagar Cements Limited — Important, 08-01-2026: Disclosure of material issue

Sagar Cements (SAGCEM) is conducting an Offer for Sale (OFS) of up to 75,00,000 equity shares of its subsidiary, Andhra Cements Limited, representing 8.14% of its capital.

**The Issue:** This share sale aims to help Andhra Cements Limited meet Minimum Public Shareholding norms.

**Company's Response:** Sagar Cements is selling these shares through a stock exchange mechanism, with the transaction expected to be completed by January 12, 2026. The company clarifies this is not a related party transaction.

**Possible Impact:** This move ensures regulatory compliance for Andhra Cements. For Sagar Cements, it will generate funds from the sale of its stake in the subsidiary.