Sagar Cements Limited — Important, 16-03-2026: Disclosure of material issue

Sagar Cements (#SAGCEM) is initiating an Offer for Sale (OFS) to offload up to 66.77 lakh equity shares (7.24%) of its subsidiary, Andhra Cements. 📉 This action aims to help Andhra Cements comply with Minimum Public Shareholding (MPS) norms, which is the core issue. The sale, via stock exchange mechanism, is expected to complete by March 18. This move ensures regulatory compliance for the subsidiary and will result in capital inflow for Sagar Cements. #CementStocks #CorporateAction