Wed, Jun 26, 2024
Cement Stocks: Sanghi Industries offer for sale (OFS) opened for non-retail investors today (Wednesday) and for retail investors, it will open on Thursday. In the OFS, Sanghi Industries' promoter Ambuja Cement and Ravi Sanghi would sell their 3.52 per cent stake. The floor price has been fixed at Rs 90 per share, which is over 12 per cent discount from CMP of Rs 102.
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Fri, Jun 14, 2024
Ambuja Cements is preparing for another acquisition. After Sanghi Industries, approval has been given for the acquisition of Penna Cement Industries. Know the complete details from Nupurkunia.
Wed, Jan 17, 2024
The stock of Sanghi Industries was trading down by 9.98 per cent, or Rs 14.80, at Rs 133.50 at 9:39 am on Wednesday.
Tue, Dec 05, 2023
Earlier in August this year, Ambuja Cements Ltd (ACL) had offered a price of Rs 114.22 apiece for acquiring 26 per cent equity shares of Rs 10 each of Sanghi Industries from its public shareholders.
Sanghi Industries block deal: Sanghi Industries' 84.3 lakh equity shares, equating to a 51.7 per cent stake, changed hands in multiple block deals on Tuesday, December 5, according to Zee Business Research.
Thu, Aug 03, 2023
Ambuja Cements, part of the Adani Group, will buy a 56.74 per cent stake in Sanghi Industries Ltd (SIL) from its existing promoter group Ravi Sanghi & family.
SIL's Sanghipuram unit is India's largest single-location cement and clinker unit by capacity, with a captive jetty and captive power plant.
Tue, Jul 25, 2023
Who is now involved in the race to acquire two new names in the race for Sanghi Industries?
Fri, Apr 22, 2016
"Sanghi Industries has built a very strong brand in Gujarat market and we feel optimistic about its growth prospects, going forward," said co-head of Piramal Enterprises' Structured Investment Group.
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