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With reference to the Circular No. SEBI/HO/DDHS/DDHS-RACPODl/P/CIR/2023/172, dated October 19, 2023 regarding fund raising by issuance of debt securities by large entities, Andhra Cements has informed that it is not qualified to be considered as a large corporate in view of not fulfilling simultaneously all the three conditions mentioned in Clause 3.2 of he said Circular.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Ultratech Cement 10824.25
Ambuja Cements 363.20
ACC 1188.95
Shree Cement 21870.00
Dalmia Bharat 1663.60
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