The Board of Sanghi Industries at its meeting held on 22 April 2024 has approved raising of funds by issuance of Non-Convertible Cumulative Redeemable Preference Shares (RPS) of face value of Rs.10/- each aggregating upto Rs. 2,200 crore, in one or more tranches, on private placement basis, subject to approval of the shareholders of the Company. Powered by Capital Market - Live News

The Board of Sanghi Industries at its meeting held on 22 April 2024 has approved sub-division and increase in authorised share capital of the company from existing Rs. 550 crore divided into 35,00,00,000 equity shares of face value of Rs. 10/- each and 2,00,00,000 preference shares of face value of Rs. 100/- each to Rs. 2550 crore divided into 35,00,00,000 equity shares of face value of Rs. 10/- each and 220,00,00,000 preference shares of face value of Rs. 10/- each and consequent alteration in Clause V of the Memorandum of Association of the Company, subject to the approval of shareholders. Powered by Capital Market - Live News

Sanghi Industries will hold a meeting of the Board of Directors of the Company on 27 April 2024.Powered by Capital Market - Live News

Sanghi Industries will hold a meeting of the Board of Directors of the Company on 22 April 2024.Powered by Capital Market - Live News

Net Loss of Sanghi Industries reported to Rs 201.55 crore in the quarter ended December 2023 as against net loss of Rs 143.95 crore during the previous quarter ended December 2022. Sales rose 42.16% to Rs 188.73 crore in the quarter ended December 2023 as against Rs 132.76 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales188.73132.76 42 OPM %-12.07-13.45 - PBDT-111.66-94.58 -18 PBT-142.47-117.98 -21 NP-201.55-143.95 -40 Powered by Capital Market - Live News