Sagar Cementsemerges successful bidder to acquire Andhra Cements
It is financially prepared to fund the acquisition17-01-2023
17-01-2023
SAGAR CEMENTS LTD.-$ - 502090 - Updation And Disclosure Under Regulation 30 Read With Schedule Ill Of Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015
We refer to our letter dated 20th July, 2022 informing your esteemed exchange of our Board''s decision to submit a Resolution Plan in respect of the Corporate Insolvency Resolution Process initiated by the Hyderabad Bench of NCLT. We are now happy to inform you that we have received a communication dated 13th January, 2023 from the Resolution Professional of Andhra Cements Limited declaring us as the successful Resolution Applicant along with a Letter of Intent (LOI) issued to us for the purpose. This letter of intent, which is subject to further decisions if any, of the authorities concerned, has since been accepted by us and further actions on this LOI will be taken in due course.14-01-2023
SAGAR CEMENTS LTD.-$ - 502090 - Board Meeting Intimation for Notice Of The Board Meeting - Intimation Under Regulation 29 And SO Of SEBI (LODR) Regulations, 2015
SAGAR CEMENTS LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/01/2023 ,inter alia, to consider and approve We wish to inform you that a meeting of the Board of Directors of our Company will be held at its Registered Office at Plot No.111, Road No.10, Jubilee Hills, Hyderabad-500 033 on Monday, the 23rd January, 2023 to, inter-alia, consider and take on record the un-audited standalone and consolidated financial results of the company for the third quarter ended 31st December, 2022. In this connection, we invite your reference to our letter dated 29th December, 2022 regarding closure of our "Trading Window" and wish to inform you that the same will continue to remain closed till 48 hours after the announcement of the above said financial results.09-01-2023
SAGAR CEMENTS LTD.-$ - 502090 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
In compliance with 74 (5) of the above said Regulation, we submit the Certificate received from our RTA M/s. KFin Technologies Limited for the quarter ended 31st December, 2022.05-01-2023
SAGAR CEMENTS LTD.-$ - 502090 - Closure of Trading Window
We wish to inform you that in accordance with the Code for Prevention of Insider Trading adopted by our company read with SEBI (Prohibition of Insider Trading) Regulations, 2015 as since amended, the Trading Window for the shares of our company will remain closed from 1st January, 2023 till 48 hours after the date of the declaration of our financial results for the third quarter ending 31st December, 2022, as approved by our Board at its meeting, the date of which will be fixed and intimated to you in due course. Accordingly, all the designated persons, key management personnel, directors and other connected persons of our company and its subsidiaries have been advised not to enter in to any transactions involving the shares of the company during the above said trading window closure period.29-12-2022
SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate you that Indian Rating & Research Private Limited, has since placed Sagar Cements Limited''s (SCL) Long-Term Issuer Rating of ''IND A'' on Rating Watch Evolving (RWE) vide its letter dated 22nd December, 2022, of which a copy is attached.23-12-2022
SAGAR CEMENTS LTD.-$ - 502090 - Board Meeting Outcome for Intimation Of The Outcome Of The Board Meeting - Merger With Us Of Our Wholly-Owned Subsidiary Company Viz., Jajpur Cements Private Limited
Further to our Letters dated 29th January, 2022 and 15th February, 2022 regarding the proposal to merge our wholly-owned subsidiary viz., M/s.Jajpur Cements Private Limited with us, we wish to inform you that our Board at its meeting held on today has approved a formal Scheme of Arrangement for the purpose and a copy of the same will be submitted to you in accordance with Regulation 37 (6) of the SEBI (LODR) Regulations, 2015. We wish to add that the above said Scheme of Arrangement is subject to approval from the Regulatory and other authorities concerned.21-12-2022
Sagar Cements An aggressive growth play
The company is rapidly expanding its reach but high debt remains a concern20-12-2022
SAGAR CEMENTS LTD.-$ - 502090 - Board Meeting Intimation for Notice Of The Board Meeting- Intimation Under Regulation 30 Read With Part A Of Schedule Ill Of SEBI (LODR) Regulations, 2015
SAGAR CEMENTS LTD.-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/12/2022 ,inter alia, to consider and approve We wish to inform you that a meeting of the Board of Directors of our Company will be held at its Registered Office at Plot No.111, Road No.10, Jubilee Hills, Hyderabad-500 033 on Wednesday, the 21st December, 2022 to, inter-alia, consider and approve a draft Scheme of Amalgamation for the proposed merger of our wholly-owned subsidiary viz., M/s.Jajpur Cements Private Limited with us.13-12-2022
SAGAR CEMENTS LTD.-$ - 502090 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the captioned Regulation, we wish to inform you that we will be participating in the Investor Roadshow being organized by M/s. Anand Rathi Shares and Stock Brokers Limited at Mumbai on today and. tomorrow i.e., .7th December, 2022 and 8th December, 2022.07-12-2022