BSECompany Update24 Jul 2026 · 24 Jul 2026, 05:28 pm

Public Announcement dated 24.07.2026 issued to the public shareholders of the Company as received from Fintellectual Corporate Advisors Private Limited, Manager to Open Offer.

India Cements Capital Ltd · 511355

✦ AI SummaryFundraise

India Cements Capital Ltd has received a copy of a public announcement from Fintellectual Corporate Advisors Private Limited, the Manager to the Open Offer, regarding an open offer to acquire up to 56,43,612 equity shares of the company, representing 26.00% of the voting share capital, by Mr. Sandeep Jain, Mr. Vikas Garg, and Mr. Rahul Nagar, along with Mrs. Neha Agarwal in her capacity as persons acting in concert with the Acquirers.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

India Cements Capital Ltd - 511355 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015

Attachments (1)

📄

29826efd-2b1e-4f32-9fd8-3fcacf3aed2a.pdf

pdf

Download →
View document text
India Cements Capital Limited Regd. &C orp. Otfice : No. 18/14, (312/14)G ee Gee Emerald, No.2C, 20, 2nd Floor, Valluvarkottam High Road, Nungambakkam, Chennai -600 034. T:91 44 4606 5183 www. iccaps.com Corporate ldentity No. :L 65191TN1985PL CO12362 Email : secr@iccaps.com SH/ 24.07.2026 BSE Limited Corporate Relationship Dept. First Floor, New Trading Ring, Rotunda Building, Phiroze Jeejeebhoy Towers Dalal Street, Fort MUMBAI -400 001. Scrip Code: 511355 Dear Sirs, Sub: Disclosure Under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Requlation, 2015 Ref: Public Announcement dated July 24, 2026 ("Public Announcement") in relation to an Open Offer to the public shareholders (as defined under Public Announcement) of the Company issued by Mr. Sandeep Jain, Mr. Vikas Garg and Mr., Rahul Nagar ("Acquirers") We wish to inform you that the Company has received a copy of the Public Announcement dated July 24, 2026 from Fintellectual Corporate Advisors Private Limited the Manager to the Open Offer, in terms of Regulation 3(1) and Regulation 4 read with Regulation 13, 14, 15(1) and such other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ac opy of the Public Announcement received by the Company is enclosed herewith. You are requested to take this information on record. Thanking you, Yours faithfully, for INDIA CEMENTS CAPITAL LIMITED COMPANY SECRETARY Enc.: as above PUBLIC ANNOUNCEMENT (“PA”) UNDER REGULATION 3(1) AND REGULATION 4 READ WITH REGULATION 13 (1), 14, AND 15 (1) OF SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 AND SUBSEQUENT AMENDMENTS THERETO FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF INDIA CEMENTS CAPITAL LIMITED (“ICCL/TARGET COMPANY/TARGET”) CIN: L65191TN1985PLC012362 Registered office: No.18/14, (312/14) 2c & 2d, Gee Gee Emerald,2nd Floor, Valluvar Kottam Highroad, Nungambakkam, Chennai-600034 Phone: 044 46065183 Email Id: secr@iccaps.com Website: www.iccaps.co.in OPEN OFFER FOR ACQUISITION OF UPTO 56,43,612 (FIFTY SIX LAKHS FORTY THREE THOUSAND SIX HUNDRED TWELVE) FULLY PAID UP EQUITY SHARES OF FACE VALUE OF ₹10/- (RUPEES TEN ONLY) EACH, REPRESENTING 26.00% (TWENTY SIX PERCENT) OF THE VOTING SHARE CAPITAL FROM THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) OF INDIA CEMENTS CAPITAL LIMITED (HEREINAFTER REFERRED TO AS “ICCL” OR “TARGET COMPANY” OR "TARGET") BY MR. SANDEEP JAIN (“ACQUIRER 1”), MR. VIKAS GARG (“ACQUIRER 2”) AND MR. RAHUL NAGAR (“ACQUIRER 3”) (HEREINAFTER COLLECTIVELY REFERRED TO AS “ACQUIRERS”) ALONGWITH MRS. NEHA AGARWAL (“PAC”) IN HER CAPACITY AS PERSONS ACTING IN CONCERT WITH THE ACQUIRERS, PURSUANT TO AND IN ACCORDANCE WITH REGULATION 3(1) AND REGULATION 4 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED (“SEBI (SAST) REGULATIONS”) This Public Announcement (“PA”/ “Public announcement”) is being issued by Fintellectual Corporate Advisors Private Limited (“Manager to the Offer” or “FCAPL”) for and on behalf of the Acquirers and the PAC to the Public Shareholders of Target Company (“Public Shareholders”) pursuant to, and in compliance with, Regulation 3(1) and Regulation 4 read with Regulation 13, 14, 15(1) and other applicable provisions of the SEBI (SAST) Regulations. For this Public Announcement, the following terms shall have the meaning assigned to them as below: Definitions & Particulars Abbreviations Acquirer 1 Mr. Sandeep Jain, son of Shri. Suraj Mal Jain, aged 47 years, Indian Inhabitant having PAN: AFQPJ8682Q, Definitions & Particulars Abbreviations under the Income Tax Act, 1961 and residing at 115C, Pkt-1, Sector-18, Rohini Sector-15, Delhi-110089. Acquirer 2 Mr. Vikas Garg, son of Shri. Ram Kanwar Garg, aged 48 years, Indian Inhabitant having PAN: AGSPG2876J, under the Income Tax Act, 1961 and residing at 3102, 31st Floor, Catania Tower, Mahagun Mezzaria, Sector- 78, Noida, Uttar Pradesh-201301. Acquirer 3 Mr. Rahul Nagar, son of Shri. Jagram Nagar, aged 39 years, Indian Inhabitant having PAN: AHQPN6632E, under the Income Tax Act, 1961 and residing at House Number 585, Sector 7B, Sector 7, Faridabad, Haryana- 121006. Acquirers Acquirer 1, Acquirer 2, and Acquirer 3 (collectively referred to as Acquirers). Agreement The Share Purchase Agreement is hereinafter referred to as the Agreement. Board The Board means the board of directors of the Target Company. BSE Limited BSE Limited is the stock exchange were presently the Equity shares of the Target Company are listed. Equity Shares Equity Shares shall mean the fully paid-up equity shares of the face value of ₹10.00/- (Rupees Ten Only) each. ISIN International Securities Identification Number Negotiated Price A negotiated price of ₹12/- (Rupees Twelve Only) per Sale Share, aggregating to an amount of ₹13,02,98,232/- (Rupees Thirteen Crores Two Lakhs Ninety Eight Thousand Two Hundred Thirty Two Only) for the sale of 1,08,58,186 (One Crore Eight Lakhs Fifty Eight Thousand One Hundred Eighty Six) Equity Shares, representing 50.02% of the Voting Share Capital of the Target Company, by Promoter Seller to the Acquirers, pursuant to the execution of the Share Purchase Agreement. Offer Period The period of entering into an agreement to acquire the Equity Shares and Voting Share Capital in, or control over, the Target Company requiring a Public Announcement or the date on which the Public Announcement is being issued by the Acquirers and PAC, i.e. Friday, July 24, 2026, and the date on which the payment of consideration to the Public Shareholders whose Equity Shares are validly accepted in this Offer, is made, or the date on which this Offer is withdrawn, as the case may be. Definitions & Particulars Abbreviations Offer Price An offer price of ₹12/- (Rupees Twelve Only) per Offer Share. Offer Shares Open Offer for acquisition of up to 56,43,612 (Fifty-Six Lakhs Forty-Three Thousand Six Hundred Twelve) Equity Shares of the face value of ₹10/- each, representing 26.00% of the Voting Equity Share Capital of the Target Company at a price of ₹12/- (Rupees Twelve Only) per fully paid-up Equity Share payable in cash. PA/ Public Public Announcement dated Friday, July 24, 2026. Announcement PAC Mrs. Neha Agarwal, daughter of Shri Chandra Prakash Agarwal, aged 39 years, Indian Inhabitant having PAN: AHVPA8853B, under the Income Tax Act, 1961 and residing at House Number 72, First floor, H-block, Pocket 3, Rohini Sector 18, Delhi-110085. Person Acting in Person acting in concert/PAC has the same meaning as concert/PAC ascribed to it in the SEBI (SAST) Regulations, 2011, as amended from time to time. Promoter and Promoter The existing promoter of the Target Company, in Group accordance with the provisions of Regulations 2 (1) (s), and 2 (1) (t) of the SEBI (SAST) Regulations, read with Regulations 2 (1) (oo), and 2 (1) (pp) of the SEBI (ICDR) Regulations, in this case, namely being, M/s Sri Saradha Logistics Private Limited Promoter Seller The existing promoter of the Target Company who have entered into Share Purchase Agreement with the Acquirers, in this case, namely being, M/s Sri Saradha Logistics Private Limited Public Shareholder(s) All the equity shareholders of the Target Company who are eligible to tender their Equity Shares in the Offer, except: (a) the promoter and members of the promoter group of the Target Company; (b) the Acquirers, PAC and any person deemed to be acting in concert with them; (c) the parties to the underlying Share Purchase Agreement, (d) any person deemed to be acting in concert with the parties to the SPA, pursuant to and in compliance with the SEBI (SAST) Regulations. SCRR Securities Contract (Regulation) Rules, 1957, as amended. SEBI Securities and Exchange Board of India. SEBI Act Securities and Exchange Board of India Act, 1992, and subsequent amendments thereto. Definitions & Particulars Ab [Showing first 8,000 characters — download PDF for full document]