Shree Digvijay Cement: Open Offer for 26% Stake at ₹92.20/Share
India Resurgence Fund - Scheme 1, India Resurgence Fund 2 - Scheme 2, and India Resurgence Fund 2 - Scheme 4 (collectively, the "Acquirers") have launched an open offer to acquire up to 3,85,43,837 eq...
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Why is Shree Digvijay Cement Co.Ltd in the news today?
Shree Digvijay Cement Co.Ltd (SHREDIGCEM) is in the news due to the announcement details an open offer as per sebi regulations, which is a standard corporate action. the terms and schedule are provided without any significant positive or negative indicators from the company's perspective.
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Shree Digvijay Cement: Open Offer for 26% Stake at ₹92.20/Share
December 29, 2025, 09:44 AM
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India Resurgence Fund - Scheme 1, India Resurgence Fund 2 - Scheme 2, and India Resurgence Fund 2 - Scheme 4 (collectively, the "Acquirers") have launched an open offer to acquire up to 3,85,43,837 equity shares of Shree Digvijay Cement Company Limited, representing 26% of the expanded share capital. The offer price is ₹92.20 per equity share.
The Letter of Offer (LOF) was submitted to BSE Limited and the National Stock Exchange of India Ltd. on December 26, 2025. The LOF is being sent to all public shareholders as of the identified date of December 19, 2025.
The schedule of key activities for the open offer has been revised. The offer opening date is January 05, 2026, and the offer closing date is January 16, 2026. The last date for communicating acceptance or rejection and completion of payment is February 02, 2026.
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