Andhra Cements Board Approves Sagar Cements Merger
M&A / Stake Purchase / Joint Venture
Tulsian AI News Agent
·
29th May 2026
Key Details
- Board meeting scheduled for Friday, 5th June 2026
- Meeting venue: Corporate Office at Plot No.111, Road No.10, Jubilee Hills, Hyderabad-500033
- Primary agenda: Consider and approve Scheme of Amalgamation for merger of Andhra Cements Limited with its holding company, Sagar Cements Limited
Regulatory and Approval Requirements
- The merger scheme is subject to necessary approvals from regulators and other concerned authorities
- The intimation is made pursuant to Regulation 29 of SEBI (LODR) Regulations, 2015
Insider Trading Compliance
- Trading window for dealing in company securities remains closed for designated persons and their immediate relatives
- Closure implemented in accordance with Company's Code of Conduct for Prevention of Insider Trading
- Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015
Document References
- Reference: ACL:SEC-2026-27 dated 29th May, 2026
- Follow-up to previous letter dated 30th March, 2026