
Merger30 Mar 2026, 05:21 pm
Sagar Cements Ltd. Announces In-Principle Approval for Merger of Subsidiary Andhra Cements Limited
AI Summary
Sagar Cements Ltd. has announced that the Board of Directors has accorded in-principle approval for the proposed merger of its subsidiary, Andhra Cements Limited. The merger is subject to necessary approvals from regulatory authorities and other concerned authorities.
Key Highlights
- Sagar Cements Ltd. to merge its subsidiary Andhra Cements Limited
- The merger is subject to necessary approvals from regulatory authorities and other concerned authorities
- This decision was made at the Board of Directors meeting held on 30th March, 2026