Saurashtra Cement Limited: Updates

M&A / JV 24 Sept 2026 · Completed· ✓ Verified

Updates - In compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ( SEBI SAST Regulations ), please find enclosed, as Annexure A, the prescribed disclosure in relation to the indirect acquisition by Mehta Family Trust ( Acquirer ) of voting rights in Saurashtra Cement Limited ( Target Company ) consequent upon the acquisition of 2,49,999 equity shares, representing 49.99% of the equity share capital of Galaxy Technologies Private Limited ( Galaxy ), from Mr. Jay Mahendra Mehta on September 22, 2026 ( Proposed Acquisition ). Pursuant to the Proposed Acquisition, the Acquirer has indirectly acquired…

SectorMetals & Mining

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