India Cements Capital Promoter Exit Triggers ₹12 Per Share Open Offer

Acquirers Sandeep Jain, Vikas Garg, Rahul Nagar, and PAC Neha Agarwal signed an SPA to buy 50.02% of India Cements Capital from promoter Sri Saradha Logistics at Rs 12/share, triggering a mandatory open offer for 26% at the same price, subject to RBI approval.