IL&FS Financial Services acquires 17.25% stake in Sagar Cements

Sagar Cements Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 502090 | NSE: SAGCEM

27 Aug 2015 Evaluate

IL&FS Financial Services, a leading non- banking finance company, has acquired 17.25% stake in Sagar Cements on August 24, 2015 through acquisition of 30 lakh pledged shares of the cement company.

Sagar Cements is one of the most modern mini cement plants in the state of Andhra Pradesh. The plant is based on Dry Process Rotary Kiln Technology that is used in ‘Standard Quality' cement companies. The company manufactures various varieties of cement like Portland Pozzalona Cement and Sulphate Resistant Cement.

Peers

Company Name	CMP
Ultratech Cement	11100.00
Ambuja Cements	384.75
ACC	1236.65
Shree Cement	22342.90
Dalmia Bharat	1698.10
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.