SHREDIGCEMNSEShree Digvijay Cement Co.LtdLowNeutral
Announced Fri, 20 Mar · 17:21 IST

Shree Digvijay Cement Co.Ltd has informed the Exchange about Schedule of meet

Board & Shareholder Meetings View source PDF

SHREDIGCEM · price

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▲ 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
-5.0%1-day move
₹60.20
prior close
₹58.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.9-1.4-1.5-5.0-4.1-7.0-6.6+7.6+12.7+23.3+22.6+19.2+24.7
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AI summary

Shree Digvijay Cement has paid a refundable security deposit of INR 400 crores to Hi-Bond Cement (India) Private Limited (HIBOND) under their Brand Usage, Supply and Distributorship Agreement (BDA). The company has started purchasing and distributing cement manufactured by HIBOND from 19th March 2026, marking the operational launch of this exclusive long-term distribution arrangement. The term loans for funding this deposit were arranged from ICICI Bank and Axis Bank. To discuss the business outlook and integration with HIBOND, the company will hold a conference call with analysts and investors on 25th March 2026 at 9:00 AM IST, led by CFO Vikas Kumar and Suresh Meher, Sr. VP (Legal) & Company Secretary. An audio recording and transcript will be made available on the company's website.

Likely market impact

This is a significant business expansion move, with INR 400 crores deployed into a new distribution partnership that could materially grow the company's revenue and market reach. Investors should watch the 25th March call for clarity on revenue synergies, margin impact, and integration timeline, as this development could be a key growth catalyst for the stock.