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News Sagar Cements considering merger with Sagar Cement (R)

Sagar Cements considering merger with Sagar Cement (R)

Written by Global Cement staff 20 April 2021
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India: The board of directors of Sagar Cements is considering merging its wholly-owned subsidiary Sagar Cement (R) (SCR) into the company. A meeting has been scheduled for the company’s board of directors to consider the matter in late April 2021. SCRL, formerly BMM Cements, operates the 1.0Mt/yr Yadiki Mandalam cement plant in Anantapur district, Andhra Pradesh.

Last modified on 21 April 2021
Published in Global Cement News
Tagged under
  • India
  • Sagar Cements
  • Merger
  • corporate
  • GCW502
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