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India Cements Capital Limited

7 articles

A shift in ownership is underway at India Cements Capital, as Sandeep Jain, Vikas Garg, Rahul Nagar, and PAC Neha Agarwal are launching a mandatory open offer to acquire 26% of the company's equity at ₹12 per share. This move follows their recent purchase of a 50.02% promoter stake from Sri Saradha Logistics for ₹13.03 crore, triggering the open offer requirement. The total consideration for the open offer amounts to ₹6.77 crore, and the transaction is contingent on receiving approval from the Reserve Bank of India due to the company’s status as an Authorized Dealer Category II. Post-transaction, the acquirers will collectively hold a significant 68.45% stake, potentially impacting the company’s strategic direction and regulatory landscape.

Results

India Cements Capital 40th AGM Notice and FY26 Results

India Cements Capital Limited will hold its 40th Annual General Meeting virtually on September 15, 2026, to approve financial statements and special resolutions. The company reported a net loss of ₹23

Sector & Market

India Cements Capital Open Offer for 26% at ₹12/Share

Mandatory open offer by Sandeep Jain, Vikas Garg, and Rahul Nagar to acquire up to 56,43,612 shares (26% stake) in India Cements Capital Ltd at ₹12 per share. Offer triggered by Share Purchase Agreeme

Sector & Market

India Cements Capital Mandatory Open Offer for 26%

Acquirers Sandeep Jain, Vikas Garg, Rahul Nagar and PAC Neha Agarwal launch a mandatory open offer for 26% of India Cements Capital shares at ₹12 per share. The offer is triggered by a Share Purchase

Sector & Market

India Cements Capital Open Offer for 26% at ₹12/Share

India Cements Capital received a Detailed Public Statement for a mandatory open offer to acquire 26% equity shares from public shareholders. The open offer is triggered by acquirers Sandeep Jain, Vika