India Resurgence funds launch open offer for Shree Digvijay Cement

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

SHREDIGCEM · 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

-0.8%Reaction day

₹90.99

prior close

₹91.87

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.7% vs market

Cement & Cement Products peers, median of 35sector-0.5%-0.3% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 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

-1.1

10m

-1.5

15m

-1.3

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.1-0.7-0.5-0.3

Next day

-1.6+0.7-2.3+0.2-1.8

-1.7+1.2-3.0+0.6-2.4

-1.8+1.9-3.7+0.9-2.7

-1.6+1.6-3.3+0.8-2.5

-1.3+2.0-3.2+0.9-2.2

-2.0+0.9-2.9-0.0-1.9

15d

-1.5-1.4-0.1-4.6+3.0

-1.6-1.6-0.0-3.5+1.9

-1.0-0.7-0.3-9.0+8.0

-0.9-6.0+5.0-13.8+12.9

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 35Pending

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

AI summary

India Resurgence Fund Schemes 1, 2 and 4 will acquire up to 74,271,009 Shree Digvijay shares from True North Fund VI, taking their combined holding to 50.1%. They also launched a public open offer for up to 38,543,837 shares, or 26% of expanded capital, at Rs 92.20 per share. Tendering runs from October 29 to November 12, 2025.

Likely market impact

Public shareholders can tender at Rs 92.20. New owners may bring sharper oversight, while the offer price may limit near-term gains.