Saurashtra Cement Limited

NSE: SAURASHCEM

56

total announcements

SAURASHCEM.NS · 15 min delayed

Key Stats · Yahoo Finance · as of 15 Oct 2026

Market Cap

₹566 Cr

P/E (TTM)

84.8

EPS (TTM)

₹0.60

52W Low

₹47.65

52W High

₹105.70

Dividend Yield

0.00%

Beta

0.25

Price / Book

0.6

Debt / Equity

11.1

Revenue (TTM)

₹1,699 Cr

Gross Margin

44.97%

Operating Margin

2.11%

NSEAppointmentMgmt Change2d ago

Saurashtra Cement Limited

Appointment

Saurashtra Cement Limited has appointed Mr. Anurag Tiwari as Managing Director - Designate, effective from October 16, 2026. Mr. Tiwari has 29 years of experience across various industries and has held senior leadership positions.

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NSEOutcome of Board MeetingMgmt Change2d ago

Saurashtra Cement Limited

Outcome of Board Meeting

Saurashtra Cement Limited has announced the appointment of Mr. Anurag Tiwari as Managing Director - Designate, effective from 16th October 2026, as part of the company's succession arrangement.

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NSECertificate under SEBI (Depositories and Participants) Regulations, 20186d ago

Saurashtra Cement Limited

Certificate under SEBI (Depositories and Participants) Regulations, 2018

Saurashtra Cement Limited has received a certificate from MUFG Intime India Pvt. Ltd (RTA) confirming the dematerialization of securities for the quarter ended 30th September 2026, as per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

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NSEGeneral UpdatesPromoter Reclassif.29 Sept 2026

Saurashtra Cement Limited

General Updates

Saurashtra Cement Limited has disclosed an indirect acquisition of shares by Mehta Family Trust, a promoter group entity, through Omna Enterprises LLP, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

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NSEGeneral UpdatesPromoter Reclassif.29 Sept 2026

Saurashtra Cement Limited

General Updates

Mehta Family Trust has acquired 9.46% of Saurashtra Cement Limited's voting rights through Omna Enterprises LLP, a 50.04% profit-sharing ratio partner, without altering the company's issued share capital, public shareholding, or aggregate shareholding of the promoter and promoter group.

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NSEGeneral UpdatesPromoter Reclassif.29 Sept 2026

Saurashtra Cement Limited

General Updates

Saurashtra Cement Limited has disclosed an indirect acquisition of 9.46% voting rights by Mehta Family Trust, a promoter group, through an internal reorganization within the Mehta family. The acquisition was made pursuant to an exemption granted by the Securities and Exchange Board of India.

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NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company▼ NegativeLitigation29 Sept 2026

Saurashtra Cement Limited

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Saurashtra Cement Limited has received a Show Cause Notice from the Office of the Deputy Commissioner of State Tax, Range -24, under Section 73 of Central Goods Services Tax Act and the Gujarat Goods and Services Tax Act, 2017, for short payment of GST on B2C outward supplies, excess ITC availed on B2B inward supplies, ineligible ITC on motor vehicle-related services, business-promotion gifts, and free-distribution articles, and non-reversal of ITC where consideration was not paid within 180 days for the period 2022-23. The Company is required to show cause before the Deputy Commissioner and hearing is scheduled on October 29, 2026, amounting to Rs. 3,83,41,188/- (including interest on penalty).

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NSECredit RatingRating Change29 Sept 2026

Saurashtra Cement Limited

Credit Rating

Saurashtra Cement Limited has informed the Exchange about Credit Rating reaffirmation by ICRA Limited for its long-term fund-based and non-fund-based instruments, with a rating of BBB- (Stable).

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NSEAgreementsExpansion28 Sept 2026

Saurashtra Cement Limited

Agreements

Saurashtra Cement Limited has entered into a Power Consumption Agreement with Jamnagar Renewables Two Private Limited and a Share Purchase & Shareholders' Agreement with Jamnagar Renewables Two Private Limited and Continuum Green Energy Limited to source renewable power under a Group Captive Wind-Solar Hybrid power arrangement.

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NSETrading Window28 Sept 2026

Saurashtra Cement Limited

Trading Window

Saurashtra Cement Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. The Trading Window will re-open after the expiry of 48 hours from the declaration of Un-Audited Financial Results of the Company for the Second Quarter and six months ending 30 September 2026.

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NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the CompanyLitigation26 Sept 2026

Saurashtra Cement Limited

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Saurashtra Cement Limited has received a Show Cause Notice from the Office of the Deputy Commissioner Of State Tax regarding excess Input Tax Credit claimed in GSTR-3B/9 for the period 2022-23, amounting to Rs. 2,06,93,890. The Company does not envisage any relevant impact on its financial, operations or other activities.

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NSEResignation of Director/KMP/SMPMgmt Change25 Sept 2026

Saurashtra Cement Limited

Resignation of Director/KMP/SMP

Saurashtra Cement Limited has informed the Exchange about the resignation of a Director/KMP/SMP.

NSEResignation of Director/KMP/SMPMgmt Change25 Sept 2026

Saurashtra Cement Limited

Resignation of Director/KMP/SMP

Saurashtra Cement Limited has informed the Exchange about the resignation of a Director/KMP/SMP.

NSEResignationMgmt Change25 Sept 2026

Saurashtra Cement Limited

Resignation

Saurashtra Cement Limited's Company Secretary & Compliance Officer, Ms. Sonali Sanas, has resigned effective September 25, 2026, to take up the role of CEO - Paints Division.

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NSEUpdatesPledge24 Sept 2026

Saurashtra Cement Limited

Updates

Saurashtra Cement Limited has disclosed an indirect acquisition of 14.57% equity shares and voting rights by Mehta Family Trust, pursuant to a SEBI exemption order.

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NSEUpdatesRelated Party24 Sept 2026

Saurashtra Cement Limited

Updates

Saurashtra Cement Limited has informed the Exchange regarding 'Disclosure as per Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.' The company has disclosed an indirect acquisition of 14.57% equity shares and voting rights by Mehta Family Trust, as per a SEBI exemption order.

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NSEUpdatesPledge24 Sept 2026

Saurashtra Cement Limited

Updates

Saurashtra Cement Limited has disclosed an indirect acquisition of 14.57% voting rights by Mehta Family Trust, following the acquisition of 2,49,999 equity shares in Galaxy Technologies Private Limited from Mr. Jay Mahendra Mehta. The acquisition is part of an internal reorganization within the Mehta family and does not alter the issued share capital, public shareholding, or aggregate shareholding of the promoter and promoter group in the company.

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NSEUpdatesPromoter Reclassif.24 Sept 2026

Saurashtra Cement Limited

Updates

Saurashtra Cement Limited has disclosed an indirect acquisition of 14.57% voting rights by Mehta Family Trust, as part of an internal reorganization within the Mehta family, without altering the issued share capital, public shareholding, or aggregate shareholding of the promoter and promoter group.

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NSEUpdatesPledge24 Sept 2026

Saurashtra Cement Limited

Updates

Saurashtra Cement Limited has informed the Exchange regarding 'Disclosure pertaining to Regulation 29(1) of SEBI (SAST) Regulations 2011'. Mehta Family Trust has indirectly acquired 14.57% of the voting rights in Saurashtra Cement Limited through an internal reorganization within the Mehta family.

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NSEGeneral UpdatesMgmt Change24 Sept 2026

Saurashtra Cement Limited

General Updates

Saurashtra Cement Limited has submitted a revised Scrutinizer's Report and voting results for its recent general meeting, incorporating additional clarification notes. The report details the voting results for six resolutions, including the appointment of a director, approval of cost auditors, and modification of the term of appointment of statutory auditors.

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