The India Cements share news, announcements and annual reports
NSE: INDIACEMBSE: 530005Cement & Cement ProductsSmall Cap
The India Cements Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jun 1958 on BSE, May 2000 on NSE
Last close ₹312.10up ₹11.85 (3.95%)BSE ₹312.45
Share price at the NSE close on 30 Oct 2026. Previous close ₹300.25.
30 Oct: open ₹300.95, high ₹316.00, low ₹298.05
52-week range of traded prices to 30 Oct 2026
₹286.50Low, 19 Oct 2026₹485.80High, 8 Jan 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹9,672 Cr490th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 78.95
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹45 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 57.85
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.95
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 1.2%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹45 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 1.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 2.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.16
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 22,36,46310.9% delivered
The India Cements share news and announcements
768 announcements, routine notices left out, newest first. Page 15 of 16.
Apr 2009
9 Apr · Results
Company propose to publish audited financial results for the year ended March 31, 2009 on or before June 30, 2009. In view of this, the Company do not propose to publish unaudited financial results for the quarter ended March 31, 2009.8 Apr · Withdrawal of nomination
ICICI Bank Limited withdrew the nomination of Mr. V. Nachiappan on our Board with effect from 18th March, 2009.
Feb 2009
9 Feb · Disclosure
Disclosure of pledged shares by promoters under Regulation 8A (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 1997. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Feb · Allotment of Equity Shares
India Cements Limited had informed the Exchange regarding the allotment of 4,87,000 equity shares of Rs. 10/- each, fully paid-up, at a premium of Rs. 40/- per share to the employees on exercise of their stock options under ICL ESOS, 2006. The Company has now informed the Exchange that the Compensation Committee of the Board of Directors of the Company at its meeting held on February 2, 2009 has allotted 63,250 Equity Shares of Rs.10/- each fully paid-up at a premium of Rs. 40/- per share to the employees who have exercised their stock options under ICL ESOS, 2006. Consequently, the Paid-up Equity Share Capital of the Company has gone up from Rs.282.37 crores to Rs.282.43 crores.
Jan 2009
28 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 86372 lacs for quarter ending on 31-DEC-2008 against Rs. 85454 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 6191 lacs for the quarter ending on 31-DEC-2008 against Rs. 12705 lacs for the quarter ending on 31-DEC-2007.15 Jan · Board meeting
Meetings of the Audit Committee and Board of Directors of the Company will be held on January 28, 2009, to consider, inter alia, unaudited financial results (stand alone) but subjected to a 'limited review' by the auditors of the Company, for the quarter / nine months ended December 31, 2008.
Dec 2008
22 Dec · Allotment of Equity Shares
India Cements Limited had informed the Exchange regarding the allotment of 7,06,500, 12,000 and 500 equity shares of Rs. 10/- each, fully paid-up, at a premium of Rs. 40/- per share to the employees on exercise of their stock options under ICL ESOS, 2006. The Company has now informed the Exchange that the Compensation Committee of the Board of Directors of the Company at its meeting held on December 22, 2008 has allotted 4,87,000 Equity Shares of Rs.10/- each fully paid-up at a premium of Rs. 40/- per share to the employees who have exercised their stock options under ICL ESOS, 2006. Consequently, the Paid-up Equity Share Capital of the Company has gone up from Rs.281.88 crores to Rs.282.37 crores.4 Dec · Allotment of Equity Shares
India Cements Limited had informed the Exchange regarding the allotment of 7,06,500 and 12,000 equity shares of Rs. 10/- each, fully paid-up, at a premium of Rs. 40/- per share to the employees on exercise of their stock options under ICL ESOS, 2006. The Company has now informed the Exchange that the Compensation Committee of the Board of Directors of our Company at its meeting held on December 2, 2008 has allotted 500 Equity Shares of Rs.10/- each fully paid-up at a premium of Rs. 40/- per share to an employee who has exercised his stock options under ICL ESOS, 2006. Consequently, the Paid-up Equity Share Capital of our Company has gone up from Rs. 2,81,88,11,570/- to Rs. 2,81,88,16,570/-".
Oct 2008
31 Oct · Change in Board of Directors
At the meeting of the Board of Directors of the Company held on October 31, 2008 the Board has coopted Mr. V. Manickam, Executive Director (Investment- M&A), Life Insurance Corporation of India, Mumbai, in the place of Mr. Ashok Shah.31 Oct · Utilisation of Funds
Vide notes to Accounts in the audited financial results for the quarter and half year ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 31, 2008) that: "Out of Rs.592.50 crores raised through Qualified Institutional Placement, Rs.234.27 crores have been utilised for the purposes for which they were raised i.e. for capital expenditure Rs.205.12 Crores and other Rs.29.15 crores."31 Oct · Results
Standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 206367 lacs for half year ending on 30-SEP-2008 against Rs. 172183 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 27641 lacs for the half year ending on 30-SEP-2008 against Rs. 40605 lacs for the half year ending on 30-SEP-2007.31 Oct · Results
Standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 108753 lacs for quarter ending on 30-SEP-2008 against Rs. 89023 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 13427 lacs for the quarter ending on 30-SEP-2008 against Rs. 22265 lacs for the quarter ending on 30-SEP-2007.3 Oct · Board meeting
To consider, inter alia, the audited financial results for the quarter / half-year ended September 30, 2008.3 Oct · Meeting
Proceedings of the Annual General Meeting of the Company held on August 28, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Aug 2008
28 Aug · Meeting
Shareholders at the Annual General Meeting held on August 28, 2008 have : (1) Adopted the Accounts for the year ended March 31, 2008, Director's Report and Auditor's Report thereon. (2) Declared payment of dividend @ 20% on the equity share capital of the Company. (3) Approved the appointment of the following Directors subject to retirement by rotation : Ordinary Business : (a) Mr. R.K. Das. Special Business : (b) Mr. Ashok Shah. (c) Mr. A. Sankarakrishnan. (d) Mr. N.R. Krishnan. (e) Ms. Rupa Gurunath. (4) Approved the appointment of Auditors M/s Brahmayya & Co. and M/s P.S. Subramania Iyer & Co, Chartered Accountants, Chennai, at a remuneration of Rs. 30,00,000/- each.
Jul 2008
30 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2008 as follows: Net Sales of Rs. 97369 lacs for quarter ending on 30-JUN-2008 against Rs. 83160 lacs for the quarter ending on 30-JUN-2007. Net Profit / (Loss) of Rs. 14214 lacs for the quarter ending on 30-JUN-2008 against Rs. 18340 lacs for the quarter ending on 30-JUN-2007.21 Jul · Board meeting
Meetings of the Audit Committee and Board of Directors of the Company will be held on July 30, 2008, to consider and approve the unaudited financial results(subjected to a "limited review" by the auditors of the Company) for the quarter ended June 30, 2008.
Jun 2008
30 Jun · Meeting
Board of Directors at its meeting held on June 30, 2008 has : 1) Recommended a dividend of 20% on the enhanced equity share capital of the Company (Previous year 10%). 2) Decided to convene the next Annual General Meeting of the Company on August 28, 2008. 3) Decided to close the share transfer books and Register of Members during the period from August 20, 2008 to August 28, 2008 (both days inclusive) for the purpose of determining shareholders entitled for dividend.30 Jun · Results
Standalone Results for the quarter ended on 31-MAR-2008 as follows: Net Sales of Rs. 97810 lacs for quarter ending on 31-MAR-2008 against Rs. 67290 lacs for the quarter ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 10444 lacs for the quarter ending on 31-MAR-2008 against Rs. 13981 lacs for the quarter ending on 31-MAR-2007.30 Jun · Results
Standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 355447 lacs for year ending on 31-MAR-2008 against Rs. 261075 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 63754 lacs for the year ending on 31-MAR-2008 against Rs. 47883 lacs for the year ending on 31-MAR-2007.30 Jun · Results
Consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 355571 lacs for year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 64157 lacs for the year ending on 31-MAR-2008.19 Jun · Board meeting
Meeting of the Board of Directors will be held on June 30, 2008, to consider audited accounts for the quarter and year ended March 31, 2008. The Audit Committee of the Board will review the accounts at a meeting to be held on earlier to the Board meeting on the same day. Further, the Board of Directors at the said meeting will also consider payment of dividend on the equity shares for 2007-08.
Apr 2008
22 Apr · Results
India Cements Ltd. has informed the Exchange that "We propose to publish the audited results for the quarter/financial year ended 31st March 2008 on or before 30th June 2008. In view of this, we do not propose to publish the unaudited financial results for the quarter/ year ended 31st March 2008."9 Apr · Allotment of Equity Shares
India Cements Ltd. had informed the Exchange regarding the allotment of 7,06,500 equity shares of Rs.10/- each, fully paid-up, at a premium of Rs.40/- per share to the employees on exercise of their stock options under ICL ESOS, 2006. The Company has now informed the Exchange that the Compensation Committee of the Board of Directors of the Company at its meeting held on April 09, 2008 has allotted 12,000 Equity Shares of Rs.10/- each fully paid-up at a premium of Rs.40/- per share to those employees who have exercised their stock options subsequently under ICL ESOS, 2006. Consequently, the paid up Equity Share Capital of the Company has gone up from Rs.281.87 crores to 281.88 crores.
Mar 2008
7 Mar · News Verification
News Verification : The media had reports on 6th March, 2008 that India Cements Ltd. may acquire coal mines in Indonesia. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. India Cements Ltd. has vide its letter inter-alia stated, "As already informed, in the Explanatory statement of our Notice dated 19th November, 2007, in order to achieve the twin objectives of securing quality coal at reasonable price and avoid the impact of ever increasing shipping freight, the Company has been on the lookout for opportunities for investment in coalmines abroad."
Feb 2008
28 Feb · Updates
India Cements Ltd. has informed the Exchange that the Company has acquired a second bulk cargo carrier (motor vessel) with capacity of 38,002 DWT from Essar Shipping Limited of Mumbai.
Jan 2008
29 Jan · Business
India Cements Ltd. has informed the Exchange that "Our Company has acquired a bulk cargo carrier (motor Vessel) with capacity of 41,824 DWT from Markbright Marine Limited of Cyprus."18 Jan · Meeting
India Cements Ltd. has submitted to the Exchange a copy of the proceedings of the Extraordinary General Meeting of the Company held on December 14, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.16 Jan · Utilisation of Funds
India Cements Ltd. has informed the Exchange vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2007 (taken on record by the Board of Directors of the Company at its meeting held on January 16, 2008) regarding "The funds of US$75 million (equivalent to Rs.338 crores) raised through Zero Coupon Convertible Bonds in May'06 have been utilised for the purposes for which they have been raised".16 Jan · Results
India Cements Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 85454 lacs for quarter ending on 31-DEC-2007 against Rs. 54221 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 12705 lacs for the quarter ending on 31-DEC-2007 against Rs. 7978 lacs for the quarter ending on 31-DEC-2006.7 Jan · Board meeting
Meetings of the Audit Committee of the Board and Board of Directors will be held on January 16, 2008, to consider unaudited financial results but subjected to a 'limited review' by the auditors of the Company, for the quarter / 9 months ended December 31, 2007.
Dec 2007
28 Dec · Allotment of Equity Shares
India Cements Ltd. has informed the Exchange vide its letter dated December 27, 2007, that: "The Compensation Committee of the Board of Directors of our Company at its meeting held today has allotted 7,06,500 equity shares of Rs.10/- each fully paid up, at a premium of Rs.40/- per share, to the employees on exercise of their stock options under ICL ESOS, 2006. Consequently, the Equity share Capital of our Company has gone up from Rs.281.16 crores to Rs.281.87 crores".28 Dec · Allotment of Equity Shares
India Cements Ltd. has informed the Exchange that the General Committee of the Board of Directors of the Company at its meeting held on December 27, 2007 has allotted 2,07,89,000 equity shares of Rs. 10/- each fully paid up in favour of Qualified Institutional Buyers (QIBs) in terms of Chapter XIIIA of SEBI (DIP) Guidelines, 2000. Consequently, the Equity Share Capital of the Company has gone up from Rs. 260.37 crores to Rs. 281.16 crores.20 Dec · Issue of Equity shares
India Cements Ltd. has informed the Exchange that "The bid closing date pursuant to the proposed issue of equity shares of the Company under Chapter XIII-A of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 (the 'SEBI DIP Guidelines') was December 19, 2007. The General Committee of the Board of our Company will meet once the subscription money towards the equity shares allocated to Qualified Institutional Buyers (QIBs) is received, to consider issue and allotment of 207,89,000 equity shares of Rs.10/- each at a price of Rs.285/- per equity shares (including premium) aggregating to a sum of Rs.5,924,865,000. The issue price is above the floor price calculated in accordance with Clause XIII A.3 of the SEBI DIP Guidelines. ABN AMRO Securities (India) Private Limited and Deutsche Equities India Private Limited acted as Joint Global Coordinators for the Issue".19 Dec · Business
India Cements Ltd. has informed the Exchange that: "The Company, in consultation with its Joint Global Coordinators viz., ABN AMRO Securities (India) Private Limited and Deutsche Equities India Private Limited, has finalized the issue of 207.89 lakh equity shares of Rs.10/- each at a price of Rs.285/- per share (including premium) involving a total sum of Rs.592.50 crores (US$ 150 million), to Qualified Institutional Buyers (QIBs) in terms of Chapter XIII A of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000. The paid up capital of the Company on allotment of the aforesaid shares will go up from Rs.260.37 crores to Rs.281.16 crores".14 Dec · Meeting
India Cements Ltd. has informed the Exchange vide its letter dated December 14, 2007 that "The shareholders at the Extraordinary General Meeting held today, have approved the issuance in the form of Equity / Equity linked securities in Indian / foreign markets, including Qualified Institutional Placement for an amount not exceeding US$150 million, including premium.
Nov 2007
21 Nov · Meeting
India Cements Ltd. has submitted to the Exchange a copy of the notice of Extraordinary General Meeting of the Company to be held on December 14, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.19 Nov · Board meeting
India Cements Ltd. has informed the Exchange vide its letter dated November 19, 2007, that: "The Board of Directors of our Company at their meeting held today have considered and decided the following:1) Issuance in the form of Equity / Equity linked securities in Indian / foreign markets, including Global Depository Receipts (GDRs) / Global Depository Shares (GDSs) / Foreign Currency Convertible Bonds (FCCBs) and/or other securities for an amount not exceeding US$150 million, including premium; and 2) Convening an Extraordinary General Meeting of the Company on 14th December 2007 for seeking approval of the shareholders under Section 81(1A) of the Companies Act 1956, for the aforesaid issue".13 Nov · Board meeting
To consider issue of equity/ equity linked securities in Indian/ foreign markets.7 Nov · Meeting
India Cements Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on September 24, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2007
30 Oct · Utilisation of Funds
India Cements Ltd. has informed the Exchange vide notes to Audited Financial Results for the quarter/half year ended September 30, 2007 (taken on record by the Board of the directors of the Company at its Meeting held on October 22, 2007) that the funds of US $ 75 million (equivalent to Rs. 338 Crores) raised through Zero Coupon Convertible Bonds in May, 06 are being utilised for the purposes for which the funds have been raised.22 Oct · Management
India Cements Ltd. has submitted to the Exchange the auditors report in respect of the quarterly financial results for the quarter ended September 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Oct · Results
India Cements Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 172183 lacs for half year ending on 30-SEP-2007 against Rs. 115249 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 40605 lacs for the half year ending on 30-SEP-2007 against Rs. 22991 lacs for the half year ending on 30-SEP-2006.22 Oct · Results
India Cements Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 89023 lacs for quarter ending on 30-SEP-2007 against Rs. 59067 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 22265 lacs for the quarter ending on 30-SEP-2007 against Rs. 11732 lacs for the quarter ending on 30-SEP-2006.10 Oct · Board meeting
To consider, inter alia, the audited financial results for the quarter/half-year ended September 30, 2007.
Sep 2007
24 Sep · Change in Board of Directors
India Cements Ltd. has informed the Exchange that at the meeting of the Board of Directors of the Company held today i.e. September 24, 2007. our Board: (1) Recorded the resignation of Mr. N Sankar as Director of the Company (2) Recorded the resignation of Mr. N Kumar as Director of the Company. (3) Coopted Mr.N.R.Krishnan as Director of the Company (4) Coopted Mr. A. Sankarakrishnan as Director of the Company (5) Coopted Ms.Rupa Gurunath as Director of the Company.24 Sep · Meeting
India Cements Ltd. has informed the Exchange regarding the outcome of the Annual General Meeting of the company held on September 24, 2007. The details of the business transacted at the AGM shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.7 Sep · Disclosure
Stargate Investments Private Limited, Anna Investments Private Limited and Prince Holdings (Madras) Private Limited has informed the Exchange that: "Stargate Investments Private Limited, a constituent of the promoter group of The India Cements Limited (India Cements) proposes to make an inter-se transfer of 68,86,625 (Sixty Eight Lakhs Eighty Six Thousand Six Hundred and Twenty Five only) equity shares of Rs.10/- each of India Cements, representing 2.64% of Paid-up Equity Capital of India Cements in terms of Regulation 3(1)(e)(iii)(b) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, to Prince Holdings (Madras) Private Limited (who will acquire 64,00,000 equity shares of Rs.10/- each) and Anna Investments Private Limited (who will acquire 4,86,625 equity shares of Rs.10/- each) all of whom are also constituents of India Cements promoter group. The date of transaction will be Friday, the 14th September 2007 and the transaction will be effected through stock exchange as per the prevailing statutory guidelines. After the transfer is effected, the total shareholding of Stargate Investments Private Limited in India Cements will come down from 2.64% to 0% and that of the acquirers will increase in the aggregate from 8.65% to 11.29% of the Paid-up Equity Capital of India Cements. This transfer will not result in any change in the aggregate promoter holding in India Cements".6 Sep · Disclosure
Prince Holding (Madras) Private Limited (Acquirers) alongwith the PAC's (i) EWS Finance & Investments Private Limited and (ii) Anna Investments Private Limited proposes to acquire 6886625 shares aggregating to 2.64% of the shares/voting rights of India Cements Ltd. from the following transferor: Stargate Investments Limited. The mode of proposed acquisition is by way of interse transfer and the date of proposed acquisition will be September 14, 2007. The proposed acquisition price per share is Market price on September 14, 2007 and the shareholding of Prince Holdings Private Limited alongwith the PAC's (i) EWS Finance & Investments Limited and (ii) Anna Investments Private Limited after the proposed acquisition will be as follows : (i) Prince Holdings (Madras) Private Limited will hold 17900000 shares (6.88%); (ii) EWS Finance & Investments Private Limited will hold 27643432 shares (10.62%) and (iii) Anna Investments Private Limited will hold 11496625 shares (4.41%).6 Sep · Disclosure
Anna Investments Private Limited (Acquirers) alongwith the PAC's (i) EWS Finance & Investments Private Limited and (ii) Prince Holdings (Madras) Private Limited proposes to acquire 6886625 shares aggregating to 2.64% of the shares/voting rights of India Cements Ltd. from the following transferor: Stargate Investments Limited. The mode of proposed acquisition is by way of interse transfer and the date of proposed acquisition will be September 14, 2007 for 6886625 shares. The proposed acquisition price per share is Market price on September 14, 2007 and the shareholding of Anna Investments Private Limited alongwith the PAC's (i) EWS Finance & Investments Limited and (ii) Prince Holdings (Madras) Private Limited after the proposed acquisition will be as follows : (i) Anna Investments Private Limited will hold 11496625 shares (4.41%); (ii) EWS Finance & Investments Private Limited will hold 27643432 shares (10.62%) and (iii) Prince Holdings (Madras) Private Limited will hold 17900000 shares (6.88%).