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 to conduct AGM
 ( Corporate News - 24-Aug-23   15:03 )
  Sanghi Industries standalone net profit declines 37.06% in the June 2018 quarter
 ( Results - Announcements 09-Aug-18   09:20 )
  Sanghi Industries to convene board meeting
 ( Corporate News - 04-Jun-21   10:34 )
  Sanghi Industries net profit declines 65.35% in the December 2013 quarter
 ( Results - Announcements 03-Feb-14   08:15 )
  Sanghi Industries to table results
 ( Corporate News - 03-Aug-20   09:55 )
  Sanghi Industries net profit rises 4.97% in the June 2007 quarter
 ( Results - Announcements 26-Jul-07   17:01 )
  Sanghi Industries to convene EGM
 ( Corporate News - 09-Mar-23   15:55 )
  Sanghi Industries schedules EGM
 ( Corporate News - 18-Jan-24   09:21 )
  Sanghi Industries contemplates issue of securities
 ( Corporate News - 24-Apr-06   11:23 )
  Sanghi Industries to conduct board meeting
 ( Corporate News - 05-Aug-21   16:52 )
  Sanghi Industries reports standalone net loss of Rs 32.87 crore in the June 2022 quarter
 ( Results - Announcements 10-Aug-22   08:19 )
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