Hot Pursuit     22-Apr-24
Sanghi Inds to raise Rs 2,200 cr via preference shares
Sanghi Industries announced that its board has approved fund raising through issuance of non-convertible preference shares aggregating up to Rs 2,200 crore in one or more tranches.
The company will issue 220 crore non-convertible cumulative redeemable preference shares with face value Rs 10 each at par, aggregating upto Rs 2,200 crore on private placement basis.

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 FY24 as compared with net loss of Rs 143.95 crore recorded in Q3 FY23. Revenue from operations jumped 42.2% YoY to Rs 188.73 crore in Q3 FY24.

The scrip rose 0.82% to trade at Rs 94.85 on the BSE.

Previous News
  Sanghi Industries reports standalone net loss of Rs 201.55 crore in the December 2023 quarter
 ( Results - Announcements 27-Jan-24   16:13 )
  Sanghi Industries to convene board meeting
 ( Corporate News - 17-Jul-24   09:49 )
  Sanghi Industries standalone net profit rises 750.81% in the December 2020 quarter
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  Sanghi Industries to convene board meeting
 ( Corporate News - 16-Dec-22   10:09 )
  Sanghi Industries to convene EGM
 ( Corporate News - 08-Mar-23   19:45 )
  Board of Sanghi Industries approves NCD issuance up to Rs 305 cr
 ( Corporate News - 29-Jan-21   19:48 )
  Sanghi Industries standalone net profit declines 80.46% in the December 2016 quarter
 ( Results - Announcements 30-Jan-17   16:47 )
  Sanghi Industries to announce Quarterly Result
 ( Corporate News - 17-May-22   11:09 )
  Sanghi Industries reports net profit of Rs 35.46 crore in the June 2014 quarter
 ( Results - Announcements 23-Aug-14   08:20 )
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 ( Results - Announcements 31-Aug-15   13:29 )
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