Open offer tendering period for Shree Digvijay Cement extended to Jan 19

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

SHREDIGCEM · price

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

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₹91.46

prior close

₹91.35

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+0.3% vs market

Cement & Cement Products peers, median of 35sector+0.1%-0.2% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.2 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.

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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

Axis Capital, manager to the open offer, has informed exchanges that the tendering period for the open offer on Shree Digvijay Cement by India Resurgence Fund entities (Schemes 1, 2 and 4) is extended by one working day. The offer is for up to 3.85 crore equity shares, representing 26 percent of the expanded share capital. Originally set to close on January 16, 2026, it will now close on January 19, 2026, because BSE and NSE declared a trading holiday on January 15 for Maharashtra municipal corporation elections. SEBI approved the extension.

Likely market impact

Public shareholders get one extra working day to tender shares in the open offer by India Resurgence Fund for Shree Digvijay Cement.