Sagar Cements Limited, acting as the Promoter for Andhra Cements Limited, has successfully sold 71,48,978 equity shares of Andhra Cements. These shares, each with a face value of ₹10, represented 7.76% of the total issued and paid-up equity share capital. The sale was conducted through an Offer for Sale (OFS) mechanism on the stock exchange on January 09 and 12, 2026.

This transaction was undertaken to comply with SEBI's Minimum Public Shareholding (MPS) requirements. Following the sale, Sagar Cements' shareholding in Andhra Cements has decreased from 90% to 82.24%. Consequently, the public shareholding in Andhra Cements has increased from 10.00% to 17.76%. The company is actively working to reach the stipulated 25% public shareholding within the given timeframe, as mandated by SEBI regulations.