Shree Digvijay Cement Co.Ltd
INDIA RESURGENCE FUND - SCHEME 1, a promoter entity, bought 12,19,285 shares of Shree Digvijay Cement Co.Ltd for ₹7.79 Cr at ₹63.91 apiece in a market purchase, increasing its stake from 10.79% to 11.62%. This transaction was part of a larger acquisition where India Resurgence Fund schemes collectively increased their shareholding to 63.57%, securing majority control of the company.
A cement manufacturer established in 1944, Shree Digvijay Cement Company produces and distributes cement products for construction and infrastructure applications across India. The company operates production facilities and maintains a significant presence in the domestic cement market through its manufacturing operations. It serves builders, contractors, and infrastructure developers with high-quality cement as its core product offering in the Indian construction sector.