Sagar Cements to offload 7.24% stake in Andhra Cements via OFS; floor price set at ₹52

We from the market desk are tracking a key development involving Sagar Cements that has caught the eye of investors and analysts alike. The company’s board has approved an Offer for Sale (OFS) of up to 7.24% stake in its subsidiary, Andhra Cements, and set a floor price of ₹52 per share. This move has generated buzz on trading floors and among retail investors across India’s stock markets.