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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 10996.00
Ambuja Cements 391.00
ACC 1246.15
Shree Cement 22588.80
Dalmia Bharat 1749.20
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