Shree Digvijay Cement Co.Ltd - Reply to Clarification Sought

20 Apr 2022 , 12:00 AM

The Exchange had sought clarification from Shree Digvijay Cement Co.Ltd with respect to announcement dated 07-04-2022 regarding Communication to shareholders as per Reg 30.On the basis of aforesaid disclosure, the Listed entity was required to 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 attached.