Sagar Cements

June 10 (Reuters) - Sagar Cements Ltd SGRC.NS:

• SAGAR CEMENTS - SCMPL GRINDING CAPACITY INCREASES TO 1.5 MTPA

Source text: ID:nNSE1QJGbj

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** 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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** Shares of India's Andhra Cements ANDC.NS closes 4.99% higher at 58.68 rupees

** Cement manufacturing co posted a profit of 485.2 million rupees($5.07 million) in Q4 compared with a loss a year earlier

** Revenue from ops jumped 73% to 1.55 billion rupees in Q4

** YTD stock down ~16%

($1 = 95.7150 Indian rupees)

(Reporting by Devika Nair in Bengaluru)

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

• APPROVES MERGER OF ANDHRA CEMENTS WITH SAGAR CEMENTS

Source text: ID:nBSE2frZ9F

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March 27 (Reuters) - Sagar Cements Ltd SGRC.NS:

• GETS TAX DEMAND OF 17.8 MILLION RUPEES ALONG WITH APPLICABLE INTEREST AND PENALTY

Source text: ID:nBSE6Lrm1f

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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 21 (Reuters) - Sagar Cements Ltd SGRC.NS:

• BOARD APPROVES LOANING UP TO 1.25 BILLION RUPEES TO UNIT ANDHRA CEMENTS

Source text: ID:nBSE3p5Dq1

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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

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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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** Indian cement makers gain between 1.5% and 3.3%

** Stocks rise as traders welcome government's decision to cut the GST rate on cement down to 18% from 28%

** Ambuja Cements ABUJ.NS leads gains with a 3.3% climb, top cement maker UltraTech Cement ULTC.NS jumps 2.5%

** ACC ACC.NS and Sagar Cement SGRC.NS climb 1.2% and 1.5%, respectively

** CLSA see a strong positive impact for cement companies from GST cut

** Says GST cut slightly less significant for demand, but price hikes could boost cement makers' profitability; a 1% price rise may lift EBITDA by 4%–5%

(Reporting by Rudra Pratap Singh in Bengaluru)

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** Shares of Andhra Cements ANDC.NS down 4.5% to 68 rupees

** Stock set for worst day in 11 weeks, on track to snap five sessions of losses

** Cements firm reported June-quarter net loss of 296.2 million rupees ($3.4 million) vs loss 235.9 million rupees a year ago

** Rev grew 57% y/y while expenses climbed 25%

** Stock down 20% so far in 2025

($1 = 86.2500 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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July 21 (Reuters) - Sagar Cements Ltd SGRC.NS:

• JUNE QUARTER CONSOL NET PROFIT 12.2 MILLION RUPEES

• JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 6.71 BILLION RUPEES

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Jan 7 (Reuters) - Sagar Cements Ltd SGRC.NS:

• SAGAR CEMENTS LTD - IMPLEMENTS 6 MW SOLAR POWER PLANT

• SAGAR CEMENTS LTD - SOLAR POWER PLANT OPERATIONAL AT GUDIPADU CEMENT PLANT

Source text: ID:nBSE9F8wy8

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** Indian cement makers indicate more price raise attempts in October after increasing prices in September, say brokerages Jefferies and Systematix

** Cos will attempt to recover prices which are at 3-yr lows and after price rollback in August

** Hike per bag across regions in range of 12 rupees ($0.1430) to 15 rupees - Systematix note

** Jefferies says near-term earnings still at risk if more hikes don't come through

** Adds south India worst-performing market in Sept and Q2; regional dealers flag oversupply woes on dealmaking-led capacity ramp-up

** Both brokerages prefer market leader UltraTech ULTC.NS; Jefferies picks Ambuja ABUJ.NS while ACC ACC.NS and Sagar Cements SGRC.NS are Systematix's choices in sector

** On the day, ULTC up 0.5%, ABUJ down 0.4%, ACC flat and SGRC down ~2%

($1 = 83.9300 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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July 18 (Reuters) - Sagar Cements Ltd SGRC.NS:

• SAGAR CEMENTS JUNE-QUARTER CONSOL NET LOSS 283.9 MILLION RUPEES

• SAGAR CEMENTS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.61 BILLION RUPEES

Source text for Eikon: ID:nBSE5hLvDk

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** KCP KCP.NS drops 0.8%, only Indian cement stock in the red

** Bigger rival Ambuja Cements ABUJ.NS buys Penna Cement in a $1.25 bln deal, bolstering south India presence

** ~60% of Penna's capacity is in Andhra Pradesh, while KCP's two cement plants are also in that state

** Ambuja and fellow Adani-group cement stock ACC ACC.NS are both up ~2% on the day

** Other cement firms with Andhra Pradesh presence also gain: India Cement ICMN.NS 1.8%, Ramco Cements TRCE.NS 0.5%, Sagar Cement SGRC.NS 4%

** KCP has surged ~27% since India's elections, in which Telugu Desam Party (TDP) chief Chandrababu Naidu returned to power in A.P.

** Analysts say Naidu could revive his ambitious project to develop Amravati, which he has suggested as state capital

** Sagar up 20% since election results, Ramco ~13%, India Cements ~3%; Ambuja has gained ~1% and ACC is flat

(Reporting by Savio Dsouza)

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May 14 (Reuters) - Sagar Cements Ltd SGRC.NS:

• RE-APPOINTED S.ANAND REDDY AS MD AND S.SREEKANTH REDDY AS JOINT MD

Source text for Eikon: ID:nBSE7W89PJ

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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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Oct 19 (Reuters) - Sagar Cements Ltd SGRC.NS:

• INDIA'S SAGAR CEMENTS SEPT-QUARTER NET LOSS 32.1 MILLION RUPEES VERSUS LOSS 232.8 MILLION RUPEES YEAR AGO

• SAGAR CEMENTS LTD SEPT-QUARTER REVENUE FROM OPERATIONS 4.6 BILLION RUPEES VERSUS 4.38 BILLION RUPEES YEAR AGO

Further company coverage: SGRC.NS

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** Shares of Sagar Cements SGRC.NS rise as much as 7.8% to 218 rupees, their highest since Feb 22

** Co late on Wednesday reported a consolidated net profit of 1.01 bln rupees ($12.35 mln) vs a loss of 115.1 mln rupees yr ago nFWN37712I

** Rev from ops increased 24% Y/Y and sales volume increased by 20% for Q4, co said

** "For the quarter, good demand from infrastructure projects and IHB (Individual House Builders) segment helped sustain high volumes," Joint Managing Director Sreekanth Reddy said in a statement

** Stock on track to gain for a fourth straight day

** More than 915,000 shares traded, 7.9 times their 30-day moving avg

** Seven of 10 brokerages rate the stock "buy" or higher and three as "hold"; their median PT is 241 rupees - Refinitiv data

** SGRC stock down 8.4% YTD

($1 = 81.7800 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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May 10 (Reuters) - Sagar Cements Ltd SGRC.NS:

• MARCH-QUARTER CONSOL PROFIT 1.01 BILLION RUPEES VERSUS LOSS 115.1 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.22 BILLION RUPEES VERSUS 5.02 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: SGRC.NS

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