Sagar Cements Limited — Important, 19-03-2026: Disclosure of material issue

**Andhra Cements (ACL)**: Promoter Sagar Cements has achieved Minimum Public Shareholding (MPS) compliance. The issue was the promoter's holding stood at 82.24%, exceeding the regulatory limit of 75%, which could have led to compliance issues.

To mitigate this, Sagar Cements sold 66.77 lakh equity shares (representing a 7.24% stake) via an Offer for Sale (OFS) through the stock exchange mechanism. This action has successfully reduced the promoter's holding to 75%, bringing Andhra Cements into full compliance with MPS requirements. This move resolves the prior non-compliance and prevents potential regulatory concerns.

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