Change in promoters of Shree Digvijay Cement

Shree Digvijay Cement Company Ltd has informed BSE that:"Pursuant to the restructuring agreement dated June 25, 2012, between Votorantim Cimentos S.A. ("Votorantim"), InterCement Austria Holding GmbH and Camargo Correa Cimentos Luxembourg Sarl, 73.63% of the shares of Shree Digvijay Cement Co. Limited ("SDCC") has been transferred indirectly from Cimpor Inversiones S.A. ("Cimpor") (a subsidiary of Cimpor - Cimentos de Portugal, SGPA, S.A. Portugal) to a non-resident holding entity i.e. Votorantim through another non-resident holding entity i.e. Cimentos Eaa Inversiones, S.L. ("Cimentos Eaa") as a part of a bundle of multi-jurisdictional assets by way of a transfer of shares and two swaps of shares outside India. Pursuant to the aforesaid Cimpor has ceased to be a promoter of SDCC and Votorantim and Cimentos Eaa are now the promoters of SDCC."Source : BSE

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