Sanghi Industries Limited — Others, 31-05-2025: Shareholders meeting

Sanghi Industries Limited has announced a board meeting to approve the financial results for the quarter and half-year. Post-acquisition by Ambuja Cements, SIL improved liquidity, cut debt, and boosted revenue by 17% to ₹969 crore, with a positive EBITDA of ₹106 crore despite a net loss of ₹498 crore mainly due to litigation provisions. The company is advancing capacity expansion, digitalisation, and sustainability efforts like waste heat recovery and alternative fuels, aligning with Ambuja’s Net Zero 2050 goals. The Board also approved a merger scheme with Ambuja Cements to enhance synergies. Governance remains strong with key related party transactions at arm’s length and upcoming auditor reappointments.