Axis Capital Ltd ("Manager to the Offer") has submitted to BSE a copy of corrigendum to the Detailed Public Statement for the attention of the Equity Shareholders of Shree Digvijay Cement ....
SHREDIGCEM · price
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Axis Capital Ltd, acting as Manager to the Offer, has submitted a corrigendum dated December 18, 2025 to the earlier Public Announcement, Detailed Public Statement, and Draft Letter of Offer for an open offer in Shree Digvijay Cement Company. The open offer is for the acquisition of up to 3,85,43,837 fully paid-up equity shares (26% of the Expanded Share Capital) at a price of INR 175 per share by India Resurgence Fund (Scheme 1, Scheme 2, and Scheme 4 collectively). The corrigendum updates key details including material updates on the underlying share purchase agreement, revised shareholding figures of the acquirers (Acquirer 1 acquiring 8.20%, Acquirer 2 acquiring 33.87%, Acquirer 3 acquiring 2.94%), and other regulatory disclosures. The corrigendum was published on December 19, 2025 in Financial Express, Jansatta, Navshakti, and Nobat newspapers.
Shareholders of Shree Digvijay Cement should review the corrigendum for revised share acquisition numbers and updated terms of the open offer. The corrigendum does not signal a deal cancellation or new transaction, but provides amended details to an already-disclosed open offer process.