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Sandeep Jain

7 articles

A significant 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 a 26% stake at ₹12 per share. This move follows their recent purchase of a 50.02% stake from Sri Saradha Logistics for ₹13.03 crore, triggering the open offer requirement and necessitating regulatory approval from the Reserve Bank of India due to the company’s status as an Authorized Dealer Category II. The transaction, totaling ₹6.77 crore, will ultimately increase the acquirers' collective ownership to 68.45%, potentially reshaping the company’s strategic direction and requiring careful monitoring of RBI’s decision regarding the change in control.

Results

Mohit Paper Mills 34th AGM Notice and FY26 Results

Mohit Paper Mills reported FY26 revenue of ₹20,017.59 lakhs with profit of ₹663.11 lakhs, showing improvement from previous year. The company will hold its 34th AGM on September 29, 2026 to approve fi

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