Filter announcements
Loading...
Company is in business of cement production and is part Jaypee Group. Company is having 2 manufacturing Plants situated in Andhra Pradesh.Plant operations of the Company areat halt due to shortage of working capital and consequential attachment of stocks and bank accounts of the Company by the GST authorities and Power disconnection by the concerned Electricity Board.
Andhra Cements' board has approved Q1 financial results, with revenue from operations at ₹142.17 Cr and a net loss of ₹35.93 Cr for the quarter. The company also announced a proposed merger with parent Sagar Cement, effective April 1, 2026, pending necessary approvals.
Outcome of the Board Meeting dt 5th June 2026 for the Merger with Sagar Cements Ltfd
Andhra Cements' board approved audited financial results for Q4 & FY26, reporting a FY26 net loss of ₹167.16 Cr on ₹452.39 Cr income. It also gave in-principle approval for amalgamation with Sagar Cements. The parent reduced stake to 75% via OFS for MPS compliance, and incremental qualified borrowings were ₹144.47...
Andhra Cements' board has given in-principle approval for its merger with parent company Sagar Cements. This strategic move awaits necessary regulatory clearances.
Andhra Cements' board approved its Q3/9M financial results. For the quarter ended Dec 31, revenue was ₹110.26 Cr, with a net loss of ₹44.14 Cr. For the nine months, revenue stood at ₹289.85 Cr, reporting a net loss of ₹115.68 Cr. 📉