Shree Digvijay Cement Co.Ltd - Clarification

11 Apr 2022 , 12:00 AM

The Exchange has sought clarification from Shree Digvijay Cement Company Ltd with respect to announcement dated 11-Apr-2022 informing about Communication to shareholders as per Reg 30.On the basis of aforesaid announcement, the Company is required to provide/clarify the following: 1. Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief). 2. Name of the target entity, details in brief such as size, turnover etc; 3. Brief details of any governmental or regulatory approvals required for the acquisition; 4. Indicative time period for completion of the acquisition; 5. Nature of consideration – whether cash consideration or share swap and details of the same; The response of the company is awaited.