Sagar Cements Share Price

Dalmia, Sagar Cements in race to buy debt-ridden Andhra Cements

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=1px><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> </tr> <tr><td>1</td><td>Name of Company</td><td>Sagar Cements Ltd-</td></tr> <tr><td>2</td><td>CIN NO.</td><td>L26942TG1981PLC002887</td></tr> <tr><td>3</td> <td>Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr)</td> <td>232.11</td></tr> <tr><td>4</td><td>Highest Credit Rating during the previous FY </td><td>INDANEGATIVE</td></tr> <tr><td>4a</td><td>Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)</td><td>INDIA RATINGS AND RESEARCH PVT. LTD.</td></tr> <tr><td>5</td><td>Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework</td><td>BSE</td></tr> </table> <br/><br/> <div> <div style=float:left;> We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No</div> <br/><br/><br/> <div style=float:left;> Name of the Company Secretary: J RAJA REDDY <br/> Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER <br/> EmailId: cs@sagarcements.in</div> <div style=float:left;margin-left:50px;> Name of the Chief Financial Officer: K PRASAD <br/> Designation: CHIEF FINANCIAL OFFICER <br/> EmailId: prasadk@sagarcements.in</div> </div> <div> <br/> Date: 14/04/2025<br/><br/> <b>Note:<b> In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. </div>

We submit the certificate received from our RTA M/s. KFin Technologies Limited for the quarter ended 31st March 2025.

The Exchange has received the revised Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations 2011 on April 03 2025 for R V Consulting Services Pvt Ltd & Sreekanth Reddy Sammidi

The Exchange has received the revised Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations 2011 on April 03 2025 for R V Consulting Services Pvt Ltd & Sreekanth Reddy Sammidi

The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 on April 03 2025 for R V Consulting Services Pvt Ltd & Sreekanth Reddy Sammidi