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Shree Digvijay Cement Co. Ltd. ( (IN:SHREDIGCEM) ) has issued an announcement.
Shree Digvijay Cement has executed facility agreements with ICICI Bank and Axis Bank to fund a refundable security deposit of INR 400 crore under a Brand Usage, Supply and Distributorship Agreement with Hi-Bond Cement (India) Private Limited. Under this exclusive long-term arrangement, the company has now paid the security deposit and, effective 19 March 2026, commenced purchasing and distributing cement manufactured by Hi-Bond, marking a significant expansion of its product portfolio and distribution franchise.
To brief the market on the business outlook and the integration of this new distribution arrangement, Shree Digvijay Cement will host a conference call for investors and analysts on 25 March 2026 at 9:00 a.m. IST. Senior management, including the chief financial officer and the company secretary, will participate, with an audio recording and transcript to be made available on the company’s website and through the stock exchanges, enhancing transparency for stakeholders.
More about Shree Digvijay Cement Co. Ltd.
Shree Digvijay Cement Company Limited operates in the cement industry, producing and distributing cement products for construction and infrastructure markets. The company focuses on strengthening its distribution network and brand presence in India, and is increasingly leveraging partnerships to expand its product reach and market coverage.
Average Trading Volume: 14,600
Technical Sentiment Signal: Sell
Current Market Cap: 8.94B INR
For detailed information about SHREDIGCEM stock, go to TipRanks’ Stock Analysis page.