tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shree Digvijay Cement Co. Announces Amendment to Share Purchase Agreement

Story Highlights
  • Shree Digvijay Cement Co. Ltd. caters to the construction and infrastructure industry with cement products.
  • An amendment to the SPA indicates ownership shifts for 50.10% equity of the company to India Resurgence Fund entities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shree Digvijay Cement Co. Announces Amendment to Share Purchase Agreement

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest announcement is out from Shree Digvijay Cement Co. Ltd. ( (IN:SHREDIGCEM) ).

Shree Digvijay Cement Co. Ltd. has announced an amendment to its Share Purchase Agreement (SPA) initially executed between its current promoter, True North Fund VI LLP, and the India Resurgence Fund entities. The amendment signifies a step toward the transfer of ownership of 50.10% of the company’s share capital to the India Resurgence Fund entities, which could have significant implications on the company’s operational governance and strategic focus, signaling potential shifts in stakeholder dynamics and market positioning.

More about Shree Digvijay Cement Co. Ltd.

Shree Digvijay Cement Co. Ltd. operates in the cement industry, offering high-quality cement products primarily catering to construction and infrastructure markets in India.

Average Trading Volume: 15,378

Technical Sentiment Signal: Strong Buy

Current Market Cap: 13.32B INR

See more data about SHREDIGCEM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1