Announced Wed, 30 Sept, 2026 · 21:41 IST
RBI approves change in management control of India Cements Capital
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
+7.1%1-day move
₹26.03
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+7.1+12.4+18.0+23.9——————
Up moveDown movePending
AI summary
RBI has approved India Cements Capital's application for change in management control and ownership of more than 50 percent. This clears a key regulatory hurdle for the ongoing open offer to public shareholders, managed by Fintellectual Corporate Advisors. The company had filed the draft letter of offer on August 7, 2026.
Likely market impact
Removes a key regulatory hurdle for the open offer and change in control. Likely positive for stock as the deal moves closer to completion.