StockWatch
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Cement & Cement Products
Shareholding29 Sept 2026, 07:20 pm

Mehta Family Trust Acquires 9.46% Voting Rights in Saurashtra Cement

AI Summary

Mehta Family Trust, through trustees Mr. Jay Mehta and Juhi Chawla, has indirectly acquired 9.46% of the voting rights in Saurashtra Cement Limited. This acquisition was achieved by becoming a partner in Omna Enterprises LLP, which holds these voting rights. The transaction, effective September 24, 2026, was undertaken under an exemption granted by SEBI and forms part of an internal family reorganization. It does not alter the company's issued share capital, public shareholding, or promoter group's aggregate shareholding, and crucially, does not result in any change in control or management of Saurashtra Cement.

Key Highlights

  • Mehta Family Trust indirectly acquired 9.46% voting rights in Saurashtra Cement.
  • Acquisition occurred via partnership in Omna Enterprises LLP.
  • Transaction is part of an internal family reorganization.
  • No change in control or management of Saurashtra Cement.
  • SEBI exemption was obtained for the acquisition.