S hares of Sanghi Industries slumped around 6 percent in opening trade on June 26 after the company announced that its promoters Ambuja Cements and Ravi Sanghi will sell up to 3.52 percent stake ...

Currently, Ambuja holds 58% in Sanghi, with founder Ravi Sanghi and family controlling 17%, and public shareholders owning 25% of the Mumbai-listed firm. In Penna, Ambuja has 99.94% ownership ...

Ambuja will acquire 56.74% shares of SIL from its existing promoter group, Ravi Sanghi & family. The acquisition will be fully funded through internal accruals. With this acquisition, the group is ...

Sanghi Industries OFS: Ambuja Cements, Ravi Sanghi to offload 3.52% stake at floor price of Rs 90 per share The OFS, which will be listed at a discount of 12 percent, will open for non-retail ...