24-Sept-2026 20:16:42
SAURASHCEMAcquisition and merger
SAURASHTRA CEMENT LIMITED: MEHTA FAMILY TRUST INCREASES STAKE TO 14.57% VIA SUBSIDIARY ACQUISITION
• Mehta Family Trust acquired 14.57% voting rights in Saurashtra Cement Limited. • This was consequent to the acquisition of 49.99% of Galaxy Technologies Private Limited, a step-down subsidiary. • The acquisition was undertaken pursuant to an exemption granted by SEBI. • This forms part of an internal reorganization within the Mehta family. • There is no change in control or management of the Target Company. Impact: Neutral (Internal reorganization with no change in control or shareholding structure.)
Saurashtra Cement Limited
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