Hot Pursuit     26-Mar-24
Sanghi Inds slides after Ambuja Cements sells 2% stake to achieve minimum public shareholding
Sanghi Industries fell 1.41% to Rs 87.25 after the company's promoter, Ambuja Cements sold 2% or 51.66 lakh equity shares in open market to comply with minimum public shareholding norms.
The shareholding of promoters and promoter’s group has reduced to 78.52% from 80.52%.

Earlier on March 12, 2024, Ambuja Cements, the promoter of the company had conveyed to the firm, their intention to sell the equity shares to enable the company to comply with minimum public shareholding norms.

Sanghi Industries is engaged in the manufacturing and marketing of cement and cement products in domestic and export market.

The company reported a consolidated net loss of Rs 142.73 crore in Q3 FY 24 as compared with Rs 143.95 crore in Q3 FY23. Revenue from operations stood at Rs 188.73 crore in Q3 FY 24.

Previous News
  Sanghi Industries reports standalone net loss of Rs 96.96 crore in the December 2024 quarter
 ( Results - Announcements 27-Jan-25   17:42 )
  Sanghi Industries reports standalone net loss of Rs 19.02 crore in the March 2024 quarter
 ( Results - Announcements 27-Apr-24   15:35 )
  Sanghi Industries standalone net profit declines 82.06% in the December 2021 quarter
 ( Results - Announcements 09-Feb-22   17:45 )
  Sanghi Industries to convene board meeting
 ( Corporate News - 02-Aug-22   10:50 )
  Sanghi Industries standalone net profit rises 276.12% in the December 2015 quarter
 ( Results - Announcements 12-Feb-16   08:59 )
  Board of Sanghi Industries approves allotment of 73.26 lakh equity shares
 ( Corporate News - 30-Dec-22   19:31 )
  Sanghi Inds to raise Rs 2,200 cr via preference shares
 ( Hot Pursuit - 22-Apr-24   15:05 )
  Board of Sanghi Industries approves raising up to Rs 2,200 cr via preference shares
 ( Corporate News - 22-Apr-24   14:42 )
  Sanghi Industries standalone net profit declines 40.07% in the March 2020 quarter
 ( Results - Announcements 24-Jun-20   19:21 )
  Board of Sanghi Industries approves sub-division and increase in authorised share capital
 ( Corporate News - 22-Apr-24   14:39 )
  Sanghi Industries to hold board meeting
 ( Corporate News - 18-May-16   17:25 )
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