Sanghi Industries reports improved income YoY
Sanghi Industries Ltd has reported total income of INR2305.5m (US$27.5m) in the quarter ended 30 June 2024. This is up from INR1702m in the same period in the previous year but ...
Sanghi Industries
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Sanghi Industries sees revenue decline YoY
Sanghi Industries has posted revenue of INR2883.3m (US$34.5m) in the quarter ended 31 March 2024. This compares to INR2270.1m in the same period a year earlier. Net loss over th...
Sanghi Industries announces changes at the top
India-based Sanghi Industries Ltd has announced a number of resignations from its board of directors. Ravi Sanghi tendered his resignation as chairman and managing director, wit...
Adani Cement acquires Sanghi Industries in west coast expansion
Adani Cement Ltd has secured a 54.51 per cent stake in Sanghi Industries and will look to harness operational synergies from this acquisition, according to the company. The prim...
Adani Cements will not require external loans for capex expansion
Adani Cements is looking to rely on operating cash flows and internal accruals to fund its INR460,000m (US$5.5bn) expansion capex over the next five years, without the need for ...
Ambuja Cement's open offer for Sanghi Industries date set
Andani group-owned Ambuja Cements ' open offer to acquire 26 per cent equity from the public shareholders of Gujarat-based cement maker Sanghi Industries would commence from 29 ...
Sanghi Industries reports loss of income in June quarter
Sanghi Industries Ltd has posted total income of INR1702m (US$20.46m) in the quarter ended 30 June 2023. This compares to INR2270m in the previous quarter and INR3448.5m in the ...
Adani Group updates expansion plans following SIL acquisition
The Adani Group has provided an update on its plans following the announcement of its acquisition of a majority stake in Sanghi Industries Ltd (SIL). According to The Telegraph,...
Ambuja Cements to acquire Sanghi Industries
Ambuja Cements , part of the Adani Group , has agreed to acquire a majority stake in Sanghi Industries , reports Reuters News. According to sources close to the transaction, the...
Mukul Agarwal raises stake in Sanghi Industries
Investor Mukul Agarwal has increased his stake in Sanghi Industries from 1.34 per cent in the September 2022 quarter to 1.97 per cent in the December quarter, reports The Econom...