Announced Fri, 26 Jun · 16:39 IST
AGM results: All 5 resolutions passed, including Rs 500cr related party deal with Sagar Cements
Board & Shareholder Meetings View source PDF
ACL · price
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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹52.57
prior close
₹53.97
base price
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AI summary
Andhra Cements held its 87th AGM on 25 June 2026 via video conferencing. All 5 resolutions passed with near-unanimous support. Key items: adoption of FY26 audited financials, re-appointment of director Mr S Sreekanth Reddy, ratification of cost auditor remuneration of Rs 5 lakh, and approval of related party transactions with parent Sagar Cements up to Rs 500 crore and RV Consulting up to Rs 100 crore for one year.
Likely market impact
Routine AGM items passed with overwhelming support. Related party deals with parent Sagar Cements up to Rs 500cr and RV Consulting Rs 100cr cleared for one year.