The India Cements Limited has informed the Exchange about Sale or disposal

Strategic Transactions View source PDF Explain this filing

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

+0.1%Reaction day

₹343.55

prior close

₹343.55

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.0%+0.1% vs market

Cement & Cement Products peers, median of 34sector-0.2%+0.3% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 0.3 pts more 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

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15m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

+0.7-0.2+0.9-0.9+1.6

+1.6-0.4+2.0-0.6+2.2

+1.5+0.1+1.3-0.6+2.1

+0.5+0.1+0.5-0.8+1.3

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15d

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+14.5-4.1+18.6-2.3+16.8

UpDownMarket · Nifty Smallcap 250Sector · Cement & Cement Products peers, median of 34Pending

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

AI summary

India Cements' wholly-owned Indonesian subsidiary PT Adcoal Energindo has signed a Share Sale and Purchase Agreement to sell its entire stake in PT Mitra Setia Tanah Bumbu, an associate company in Indonesia. The deal is valued at Indonesian Rupiah 2,695,000,000 (roughly ₹16-17 crore) with two Indonesian buyers — Mr. Finsa Noorcahyo F and Mr. Hari Sutikno — who are unrelated to the promoter group. The associate contributed ₹93.23 crore in turnover and ₹80.74 crore to India Cements' net worth (1.46%) as of December 2024. The transaction is expected to complete within 6 months and is not a related party transaction.

Likely market impact

This is a small, non-core divestment of a foreign associate with negligible contribution to the company's overall net worth. Shareholders are unlikely to see any meaningful impact on the stock; the move reflects ongoing portfolio cleanup following the UltraTech acquisition.