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CCI approves the proposed combination involving inter alia acquisition by India Resurgence Fund in Shree Digvijay Cement Company Limited and acquisition by Digvijay Cement Company Limited in Hi-Bond Cement (India) Private Limited

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....CI approves the proposed combination involving inter alia acquisition by India Resurgence Fund in Shree Digvijay Cement Company Limited and acquisition by Digvijay Cement Company Limited in Hi-Bond Ce....

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....ment (India) Private Limited<BR>News and Press Release<BR>Dated:- 19-11-2025<BR><BR>The Competition Commission of India has approved the proposed combination involving inter alia acquisition by India ....

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....Resurgence Fund in Shree Digvijay Cement Company Limited and acquisition by Digvijay Cement Company Limited in Hi-Bond Cement (India) Private Limited. India Resurgence Fund (IndiaRF) is a Category II....

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.... Alternative Investment Fund registered with Securities and Exchange Board of India and is managed by India Resurgence Asset Management Business Private Limited. Digvijay Cement Company (Digvijay) an....

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....d Hi-Bond Cement (India) Private Limited (Hi-Bond) are engaged in the manufacture and sale of grey cement. The proposed combination envisages&nbsp;the acquisition of shareholding by IndiaRF in Digvij....

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....ay, the proposed long term business arrangement between Hi-Bond and Digvijay, and the proposed acquisition of shareholding by Digvijay in Hi-Bond (Proposed Combination). Detailed order of the Commiss....

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....ion will follow.<BR> News - Press release - PIB....