Premji Invest to pick 10% stake in Sagar Cements for Rs 350 crore - Moneycontrol

The stake sale on a preferential basis to Premji Invest will bring down the holding of promoters of Sagar Cements to 45.2% from 50.28%.

Azim Premjis investment arm Premji Invest Opportunities Fund on March 25 agreed to pick a little over 10% stake in Hyderabad-headquartered cement firm Sagar Cements Ltd for around Rs 350 crore. Saga… [+1933 chars]

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