Saurashtra Cement: Jay Mahendra Mehta indirectly acquires 14.57% voting rights

Saurashtra Cement Limited has received a disclosure regarding the indirect acquisition of voting rights by the Mehta Family Trust, acting as the acquirer, through Jay Mahendra Mehta. This follows the acquisition of 49.99% equity shares in Galaxy Technologies Private Limited. Consequently, the acquirer has indirectly obtained 14.57% of the voting rights in Saurashtra Cement Limited. This transaction is part of an internal family reorganization and does not alter the company's issued share capital, public shareholding, or promoter group's aggregate shareholding, nor does it change control or management.