30 Sep 2026, 14:22 IST
Andhra Cements Limited
HDFC Securities
The report says Sagar Cements' subsidiary completed its 0.7mn MT brownfield expansion at end-Sep'26 and that the announced merger at a 29-for-98 share swap would issue 6.8mn new SGC shares (about 5% dilution), with completion expected by early FY28 and promoter holding moving to 46% from 48%.
From Sagar Cements Update Sep26 HSIE, written by HDFC Securities. Orivam summarised it; the view is HDFC Securities's, not Orivam's.
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