Sagar Cements Ltd

Sagar Cements operationalised the grinding side of ACL last month and expects an incremental 1 million for FY24

Amravati Bench of the National Company Law Tribunal has recently approved a proposal of Sagar Cements to acquire Andhra Cements

Total revenue grew 73% to ₹590 crore

It is financially prepared to fund the acquisition

Also identifies one more asset for possible acquisition

Hopes to get necessary clearances by Oct

Azim Premji’s investment arm buys 1.32 crore shares at ₹265 a share

Targets 10 million tonnes capacity by FY25