Hyderabad, January 14, 2026: Sagar Cements Limited has completed a partial divestment in its subsidiary, Andhra Cements Limited, by selling 71,48,978 equity shares, representing 7.76 percent of the company’s total issued and paid-up equity share capital.
The transaction was carried out over two trading sessions on January 9 and January 12, 2026, through a dedicated market window. The sale included participation from both non-retail and retail investors and was aimed at broadening public shareholding in Andhra Cements.
Impact on Promoter Holding
Prior to the transaction, Sagar Cements held an aggregate 90.00 percent stake in Andhra Cements, including shares under encumbrance. Following the sale, the promoter’s total holding has reduced to 82.24 percent.Promoter Holding Snapshot
| Particulars | Before Sale | After Sale |
|---|---|---|
| Shares with voting rights | 66.25% | 58.49% |
| Encumbered shares | 23.75% | 23.75% |
| Total promoter holding | 90.00% | 82.24% |
Transaction Details
| Particulars | Details |
|---|---|
| Equity shares sold | 71,48,978 |
| Percentage of equity | 7.76% |
| Face value per share | ₹10 |
| Dates of execution | January 9 and January 12, 2026 |
| Post-transaction equity capital | 9,21,72,140 shares |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.