Andhra Cements

** Shares of Andhra Cements ANDC.NS rise 2%, their biggest intraday pct-gain since May 13, to 55.3 rupees

** Cement maker to merge with its holding co Sagar Cements SGRC.NS

** Andhra Cements shareholders to receive 29 Sagar Cements shares for every 98 shares held

** Merger to integrate operations of both entities, with combined entity expected to achieve focused growth, improved operational efficiencies, business synergies - Andhra Cements

** SGRC flat

** ANDC down 17% YTD vs 16% fall in SGRC

(Reporting by Aleef Jahan in Bengaluru)

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Andhra Cements Limited said its board approved a scheme to merge the cement maker into its parent Sagar Cements Limited, offering minority shareholders 29 shares in the parent for every 98 shares held. The deal, which requires approval from shareholders, creditors, stock exchanges and the National Company Law Tribunal, would see Andhra Cements cease to exist as a separate listed entity. The two companies, both in the cement business, expect the merger to deliver operational efficiencies and cost synergies.

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May 13 (Reuters) - Andhra Cements Ltd ANDC.NS:

• ANDHRA CEMENTS MARCH-QUARTER NET PROFIT 485.2 MILLION RUPEES

• ANDHRA CEMENTS MARCH-QUARTER REVENUE FROM OPERATIONS 1.55 BILLION RUPEES

Further company coverage: ANDC.NS

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March 30 (Reuters) - Andhra Cements Ltd ANDC.NS:

• ANDHRA CEMENTS LTD - BOARD GRANTS IN-PRINCIPLE APPROVAL FOR MERGER WITH SAGAR CEMENTS LIMITED ON MARCH 30, 2026

Source text: ID:nNSETxDBy

Further company coverage: ANDC.NS

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** Shares of Andhra Cements ANDC.NS rise 8% to 55.06 rupees

** Stock set for its best day since August 2025

** Top shareholder Sagar Cements SGRC.NS approves offer for sale of 7.24% stake in ANDC to achieve minimum public shareholding of 25%

** Stock down 17% so far in 2026

(Reporting by Brijesh Patel in Bengaluru)

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March 16 (Reuters) - Sagar Cements Ltd SGRC.NS:

• APPROVES OFFER FOR SALE OF 7.24% STAKE IN ANDHRA CEMENTS LIMITED

• OFFER FOR SALE TO ACHIEVE MINIMUM PUBLIC SHAREHOLDING IN ANDHRA CEMENTS

• FLOOR PRICE FOR OFFER SHALL BE 52 RUPEES PER SHARE

Source text: ID:nBSEb2DfFb

Further company coverage: SGRC.NS

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Jan 13 (Reuters) - Sagar Cements Ltd SGRC.NS:

• SELLS 7.76% STAKE IN ANDHRA CEMENTS VIA OFS

• PROMOTER SHAREHOLDING IN ANDHRA CEMENTS REDUCED TO 82.24%

Source text: ID:nBSE79Nnhs

Further company coverage: SGRC.NSANDC.NS

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**Shares of Andhra Cements ANDC.NS rise as much as 9.99% to hit upper band of 75.99 rupees

**Biggest intraday pct rise since August 2025

**Top shareholder Sagar Cements SGRC.NS to sell 8.14% stake in co via an offer for sale to achieve minimum public shareholding of 25%

**The floor price for the offer is ~72 rupees per share, an 8.9% premium to Thursday's closing price

**90% of shares held by top shareholder, 10% by public shareholders, as of quarter ended September 30

**More than 141,930 shares change hands vs 30-day avg of 16,235 shares

(Reporting by Mridula Kumar in Bengaluru)

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Jan 8 (Reuters) - Andhra Cements Ltd ANDC.NS:

• PROMOTER SAGAR CEMENTS TO SELL CO'S SHARES TO ACHIEVE MINIMUM PUBLIC SHAREHOLDING

• SAGAR CEMENTS TO SELL UP TO 8.14% STAKE OF CO VIA OFFER FOR SALE AT FLOOR PRICE 72 RUPEESPER SHARE

Source text: ID:nBSE1wv3LZ

Further company coverage: ANDC.NS

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Aug 28 (Reuters) - Andhra Cements Ltd ANDC.NS:

• 6 MW SOLAR POWER PLANT OPERATIONAL AT ANDHRA CEMENTS

Source text: ID:nBSE48Qzzs

Further company coverage: ANDC.NS

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July 18 (Reuters) - Andhra Cements Ltd ANDC.NS:

• APPROVAL FOR 6 MW SOLAR POWER PLANT IN ANDHRA PRADESH

• COST OF PLANT AT AROUND 190 MILLION RUPEES

Source text for Eikon: ID:nBSE87Gkbl

Further company coverage: ANDC.NS

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March 28 (Reuters) - Andhra Cements Ltd ANDC.NS:

• APPROVED RAISING OF FUNDS UP TO AN AGGREGATE AMOUNT OF 1.8 BILLION RUPEES

• ALSO APPROVED A PROPOSAL FOR RAISING OF FUNDS THROUGH DEBT ISSUE UP TO AN AGGREGATE AMOUNT OF 2.50 BILLION RUPEES

Further company coverage: ANDC.NS

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Feb 29 (Reuters) - Andhra Cements Ltd ANDC.NS:

• SHAREHOLDING OF CO IN ANDHRA CEMENTS REDUCED FROM 95% TO 90%

Source text for Eikon: ID:nBSEbX2Zkk

Further company coverage: ANDC.NS

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** Shares of Andhra Cements ANDC.NS fall as much as 5.2% to 105 rupees

** Sagar Cements SGRC.NS, top shareholder of ANDC, plans to sell up to 5% stake in co at a floor price of 90 rupees

** Floor price at a 21% discount to ANDC's closing price on Monday

** ANDC set for worst monthly fall since June 2023

** Stock down 2.6% YTD after falling for two straight years

(Reporting by Kashish Tandon in Bengaluru)

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Jan 24 (Reuters) - Andhra Cements Ltd ANDC.NS:

• APPROVED TO ENHANCE CLINKER MANUFACTURING CAPACITY FROM 1.65 MTPA TO 2.3 MTPA

• APPROVED TO ENHANCE CEMENT GRINDING CAPACITY FROM 1.82 MTPA TO 3 MTPA AT DURGA CEMENT WORKS PLANT, ANDHRA PRADESH

• INVESTMENT REQUIRED 4.71 BILLION RUPEES

Further company coverage: ANDC.NS

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Oct 30 (Reuters) - Andhra Cements Ltd ANDC.NS:

• IN PROCESS OF DISPOSING CEMENT MILLS AT ITS PLANT, VISAKA CEMENT WORKS, ANDHRA PRADESH

Source text for Eikon: ID:nBSE4kCk6T

Further company coverage: ANDC.NS

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June 5 (Reuters) - Andhra Cements Ltd ANDC.NS:

• COMMENCED CLINKERISATION PROCESS AT PALNADU PLANT

Source text for Eikon: ID:nBSEbV3ZX9

Further company coverage: ANDC.NS

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