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Outcome of board meeting of Sagar Cements

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Held on 26 February 2018

The Board of Sagar Cements at its meeting held on 26 February 2018 while approving the corporate budget for 2018-19 has also accorded its approval for the allocation of the entire assets of the two mini hydel power plants, one with a capacity of 4.3 MW located at Guntur Branch Canal, Narasaraopet, Guntur District and the other with a capacity of 4 MW located at Lock-in-sula, Atmakur, Kurnool in the state of Andhra Pradesh both belonging to Sagar Power, a related party, for a sum not more than Rs 26.90 crore.

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First Published: Feb 26 2018 | 6:35 PM IST

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