Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Shree Digvijay Cement Co. Ltd. ( (IN:SHREDIGCEM) ).
Shree Digvijay Cement Co. Ltd. has announced a significant change in its shareholding and board composition following the completion of a major stake transfer from True North Fund VI LLP to a consortium of India Resurgence Fund entities. The purchasers have acquired 45.01% of the company’s share capital, triggering board changes that underscore a shift in strategic influence toward the new investor group while maintaining regulatory compliance. In line with this transition, non-executive, non-independent director Pramod Kabra has resigned from the board with effect from December 18, 2025, and the board has appointed Shitij Kale as an additional non-executive, non-independent director and nominee of the new purchasers, subject to shareholder approval. The company stated that the new director is not debarred by any regulatory authority, and it has reconstituted its board committees to reflect the updated directorships, ensuring continued compliance with the Companies Act, 2013 and listing regulations, with implications for governance and oversight under the new shareholder structure.
More about Shree Digvijay Cement Co. Ltd.
Shree Digvijay Cement Co. Ltd. operates in India’s cement industry, manufacturing and selling cement products for infrastructure and construction markets. The company is listed on BSE and NSE and maintains a board structure aligned with Indian corporate governance and securities listing regulations.
Average Trading Volume: 15,101
Technical Sentiment Signal: Strong Buy
Current Market Cap: 13.32B INR
For an in-depth examination of SHREDIGCEM stock, go to TipRanks’ Overview page.