Announced Fri, 5 Jun, 2026 · 17:20 IST
Board approves merger with Sagar Cements; swap ratio 29:98
ACL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.6%1-day move
₹54.30
prior close
₹53.82
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-0.6+0.0+2.9-0.6-2.9-2.8-0.6-0.7-0.6-3.4-7.9-11.6-22.1
Up moveDown movePending
AI summary
Board of Andhra Cements approved a scheme to merge the company into its holding company Sagar Cements (which holds 75% of ACL). Swap ratio: 29 SCL shares (face value Rs 2) for every 98 ACL shares (face value Rs 10). ACL FY26 revenue was Rs 442.49 crore; net worth Rs 80.74 crore. SCL has 10.50 MTPA consolidated cement capacity. Scheme subject to NCLT, SEBI, NSE, BSE and shareholder approvals. Fairness opinion given by Anand Rathi Advisors.
Likely market impact
ACL will be absorbed into SCL; minority ACL shareholders get 29 SCL shares per 98 held. Pending NCLT and other approvals.