Promoter Sagar Cements sells 7.76% stake in Andhra Cements to meet MPS norms

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

ACL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹67.75

prior close

₹67.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.8% vs market

Cement & Cement Products peers, median of 34sector+0.8%-2.6% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.6 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+0.7

15m

-0.5

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-0.1-1.8+0.8-2.6

Next day

-1.8-0.4-1.4+1.2-3.1

-6.1-1.8-4.3+0.0-6.1

-8.5-4.4-4.1-2.0-6.5

-14.4-5.2-9.2-2.4-12.0

-9.2-3.7-5.5-1.5-7.7

-14.3-5.6-8.7-3.0-11.3

15d

-13.7-0.5-13.2-1.5-12.1

-16.5-0.2-16.3-2.5-14.0

-24.7-10.0-14.7-14.1-10.6

-14.9+0.9-15.8-7.9-7.0

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sagar Cements, the promoter of Andhra Cements, sold 71,48,978 equity shares (7.756% of paid-up capital) on Jan 9 and 12, 2026 via an Offer for Sale on the stock exchange to meet SEBI Minimum Public Shareholding rules. After the sale, promoter holding dropped from 90% to 82.24%, and public shareholding rose from 10% to 17.76%. The company is still working toward the required 25% public shareholding within the stipulated timeline.

Likely market impact

Positive for float and liquidity; promoter complying with 25% minimum public shareholding rule, but further sales may create supply overhang.