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 Cements acquires Sanghi Industries at an enterprise value of Rs 5,000 crore Ambuja Cements will acquire 56.74% shares of Sanghi Industries from its existing promoter group, Ravi Sanghi & family ...

Also Read: Promoters Ambuja Cements, Ravi Sanghi to offload 3.5% stake in Sanghi Industries The brokerage highlights that offer-for-sale (OFS) volumes have significantly outpaced fresh capital ...