Regulatory15 Jul 2026, 06:01 pm
SEBI Exemption Order for Saurashtra Cement Acquisition
AI Summary
Saurashtra Cement Limited has disclosed an Exemption Order from SEBI concerning the proposed indirect acquisition of shares and voting rights by the Mehta Family Trust. The application sought exemption from SAST Regulations, 2011. The order details the target company's share capital and a snapshot of its shareholding pattern as of March 2026, listing various individuals and their respective percentages.
Key Highlights
- SEBI issued an Exemption Order regarding a proposed acquisition.
- Mehta Family Trust is the proposed acquirer.
- The acquisition involves shares and voting rights in Saurashtra Cement.
- The company's share capital is INR 1,11,28,72,800.
- Shareholding pattern for March 2026 is provided.
Price Impact
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