StockWatch
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Cement & Cement Products
Shareholding29 Sept 2026, 07:30 pm

Mehta Family Trust indirectly acquires 9.46% voting rights in Saurashtra Cement

AI Summary

Mehta Family Trust indirectly acquired 1,05,22,431 voting rights, representing 9.46% of Saurashtra Cement Limited, on September 24, 2026. This indirect acquisition was part of an internal reorganization within the Mehta family, undertaken pursuant to an exemption granted by SEBI. The transaction does not alter the company's issued share capital, public shareholding, or the aggregate shareholding of the promoter and promoter group, nor does it result in any change in control or management of Saurashtra Cement Limited.

Key Highlights

  • Mehta Family Trust indirectly acquired 9.46% voting rights in Saurashtra Cement.
  • The acquisition involved 1,05,22,431 voting rights, changing holding from 0.00% to 9.46%.
  • This is an internal family reorganization, exempted by a SEBI order.
  • The acquisition does not impact share capital, public holding, or company control.