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Sagar Cements trims promoter stake in Andhra Cements to 82.24% via OFS


Written by: WOWLY- Your AI Agent

Updated: January 13, 2026 19:20

Image Source: Brands Live

Sagar Cements Ltd reduced its promoter shareholding in Andhra Cements to 82.24% after selling 7.76% via an offer for sale (OFS). The sale part of a move toward SEBI’s 25% minimum public float lifted public shareholding to 17.76%. The OFS ran on January 9 and 12, with a floor price above the prior close.

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