ANDHRA CEMENTS LTD.
NSE : ACLBSE : 532141ISIN
CODE : INE666E01020Industry : Cement & Construction MaterialsHouse
: Goenka GP
BSE92.16-0.02 (-0.02 % )
PREV CLOSE (Rs.) 92.18
OPEN PRICE (Rs.) 94.02
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1712
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE92.10 0 (0 % )
PREV CLOSE(Rs.) 92.10
OPEN PRICE (Rs.) 92.85
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 92.10 (111 )
VOLUME 11806
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 16-Apr-2024 | Andhra Cements informs about initial disclosure | <p style="text-align: justify;">Andhra Cements has confirmed that the Company is not fall under the Large Entities, as per SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 03-Apr-2024 | Allotment of Equity Shares | Inter alia, approved:- (1) Approved a proposal for raising of funds, through issuance and allotment of equity shares having face value of Rs 10 each up to an aggregate amount of Rs.180 crores (Rupees One Hundred and Eighty Crores Only), on rights basis and on such terms, as may be decided by the Board or a duly constituted committee of the Board, at a later date, to the eligible equity shareholders of the Company, as on the record date, to be notified subsequently, subject to receipt of regulatory/ statutory approvals, in accordance with the applicable laws including the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI LODR Regulations and the Companies Act, 2013, and rules and regulations made thereunder, each as amended from time to time and approvedother related matters including the constitution of Rights Issue Committee to implement the proposal of Rights Issue. The Board also approved a proposal for raising of funds through debt issue up to an aggregate amount of Rs.250 Crores subject to receipt of all necessary approvals as may be required. |
| 08-Mar-2024 | Andhra Cements informs about EGM & book closure | <div style="text-align: justify;">Andhra Cements has informed that an Extraordinary General Meeting (EGM) of the members of the Company will be held on Thursday 28th March, 2024 at 11.00 am through Video Conferencing/Other Audio-Visual Means (‘VC/OAVM') facility in compliance with the applicable provisions of the Companies Act, 2013, Rules framed there under and the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Register of Members and Share Transfer Books of the Company will remain closed from 22nd March, 2024 to 28th March, 2024 for the purpose of Extraordinary General Meeting. Those shareholders holding shares either in dematerialized form or in physical form, as on the close of business hours on Thursday 21st March, 2024 will be entitled to avail the facility of remote e-voting as well as voting at AGM. A copy of Notice of EGM is enclosed.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE. </div><div style="text-align: justify;"><br></div> |
| 01-Mar-2024 | Andhra Cements informs about disclosure | <div>Andhra Cements has informed that it enclosed disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sagar Cements.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 01-Mar-2024 | Andhra Cements informs about disclourse | <p style="text-align: justify;">Andhra Cements has informed that the exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sagar Cements.</p><div>The above information is a part of company's filings submitted to BSE.</div> |
| 26-Feb-2024 | Notice of Offer for Sale of Shares by Promoter & Floor Price | Sagar Cements Ltd is the promoter of Andhra Cements Ltd ("the Company"). The Promoter (the "Seller") proposes to sell up to 46,08,607 Equity Shares of theCompany, (representing 5% of the total paid up equity share capital of the Company) ("Offer Size"), on February 27, 2024 ("T day") (for non-Retail Investorsonly) and on February 28, 2024 ("T+1 day") (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids) through aseparate, designated window of the BSE Limited (the "BSE") and the National Stock Exchange of India Limited ("NSE", and together with the BSE, the "StockExchanges"), collectively representing 5% of the total issued and paid up equity share capital of the Company (held in dematerialized form in one or more demataccounts with the relevant depository participant), in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the "Offer Shares"TheOffer shall be undertaken exclusively through the Seller's Brokers named below on a separate window provided by the Stock Exchanges for this purpose.Dates andtime of the opening and closing of the Offer :The Offer shall take place on a separate window of the Stock Exchanges on February 27, 2024 ("T" day) and February28, 2024 ("T+1" day), from 9:15 a.m. to 3:30 p.m. (Indian Standard Time) on both days, as per details given below.For non-Retail Investors (defined below)Onlynon-Retail Investors shall be allowed to place their bids on T day, i.e., February 27, 2024. While placing their bids, non-Retail Investors may indicate theirwillingness to carry forward their un-allotted bids to T+1 day for allocation to them in the unsubscribed portion of Retail Category (defined below).The Offershall take place during trading hours on a separate window of the Stock Exchanges on T day, i.e., February 27, 2024 commencing at 9:15 a.m. and shall close at3:30 p.m. Indian Standard Time on the same date.Those non-Retail Investors who have placed their bids on T day and have chosen to carry forward theirun-allotted bids to T+1 day, shall be allowed to carry forward and also revise their bids on T+1 day as per the OFS Guidelines.For Retail Investors (definedbelow) and for non-Retail Investors who choose to carry forward their un-allotted bids to T+1 DayThe Offer shall continue to take place during trading hours ona separate window of the Stock Exchanges on T+1 day, i.e., February 28, 2024 commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. IndianStandard Time on the same date.Only Retail Investors (defined below) shall be allowed to place their bids on T+1 day, i.e., February 28, 2024. Further, thosenon-Retail Investors who have placed their bids on T day and have chosen to carry forward their unallotted bids to T+1 day, shall be allowed to revise theirbids on T+1 day as per the OFS Guidelines.Floor Price: The floor price for the Offer shall be Rs. 90/- per Equity Share ("Floor Price"). |
| 26-Feb-2024 | Andhra Cements informs about updates | <div>Andhra Cements has informed that it enclosed Notice of Offer for Sale of Shares by Promoter & Floor Price.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 27-Jan-2024 | Andhra Cements informs about newspaper publications | <div style="text-align: justify;">Andhra Cements has submitted the Newspaper Publications published on 26th January, 2024 (English and Telugu) with regard to its un-audited Financial Results for the quarter/nine months period ended 31st December, 2023, which were approved by the Board on 24th January, 2024.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><br></div> |
| 25-Jan-2024 | Andhra Cements informs about outcome of board meeting | <div style="text-align: justify;">Andhra Cements has informed that Board of Director of the company at their meeting held on 24th January, 2024 approved a proposal to enter into a material related party transaction, which will be subject to the approval from regulatory authorities, if any, and required prior approval from shareholders through Postal Ballot, the details of which will be communicated in due course.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 29-Dec-2023 | Andhra Cements informs about board meeting | <div style="text-align: justify;">Andhra Cements has informed that a meeting of Board of Directors of the company will be held at Registered office of the Company at Durga Cement Works, Durgapuram, Dachepalli - 522414, Palnadu District, Andhra Pradesh on Wednesday, the 24th January, 2024 to, consider and take on record the un-audited financial results of the company for the Third quarter and nine months period ending 31st December, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;"><br></div> |
