Andhra Cements

Sagar Cements Limited will hold a board meeting on June 5, 2026, to consider a Scheme of Amalgamation to merge its subsidiary, Andhra Cements Limited, into the parent company.

The Board of Directors of Andhra Cements Limited granted in-principle approval to merge with its holding company, Sagar Cements Limited. The merger is subject to regulatory and shareholder approvals.

Sagar Cements will pay $111 million to acquire Andhra Cements outright, more than doubling its capacity to 8.25 Mt/yr. It plans to invest $56.8 million in capex before 2025 to expand clinker and grinding capacity.