Sagar Cements (SCL), one of the most efficient cement manufacturers in the country, has received an approval for sale of its entire stake of 6,52,36,399 equity shares held in its Joint Venture, Vicat Sagar Cement for a total consideration of Rs 435 crore (Rs 66.68 per equity share) to Parficim S.A.S., France, an affiliate of Vicat S.A., France.
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