Saurashtra Cement Limited
Saurashtra Cement Limited is engaged in the business of manufacturing and selling of Cement. It markets cement under the brand name 'HATHI'. The Co is part of the Mehta Group which also has another Cement and Building materials company called Gujarat Sidhee Cement Limited.
What Saurashtra files
- Others86
- Important20
- Board Meeting15
- Updates6
- Results5
- Credit Ratings1
Saurashtra Cement's promoters received SEBI approval for an internal shareholding reorganization. This involves an indirect transfer of 24.04% voting rights to Mehta Family Trust for succession planning. No change in overall promoter holding, company control, or public shareholding.
Saurashtra Cement's board has approved the financial results for the quarter and nine-month period. The company reported a net loss of ₹10.35 Cr for the quarter, including an exceptional impact of ₹6.56 Cr due to new Labour Codes.
Pentagon Stock Brokers has ceased its Stock Broking and Depository Participant operations. All exchange memberships are surrendered, with DP registration cancellation applied. Investors with claims should act within 30 days.
Saurashtra Cement appointed Mr. Prakash Chand Jain as its new Chief Financial Officer (CFO), effective immediately. He brings over 25 years of strategic financial management experience, largely from the cement industry, including a previous CFO role at Orient Cement.
Saurashtra Cement's 67th Annual General Meeting concluded with all four resolutions duly passed by shareholders with requisite majority. These included financial statement adoption, director re-appointment, and auditor appointments.