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Ambuja Cements up 3%, Sanghi Industries 5% as investors cheer acquisition deal

According to Jefferies, after acquisition, Ambuja s capacity stands at 74.6 MTPA. The company is also set to increase capacity to around 100-110 mtpa By FY26/FY27

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Ambuja-cement

sanghi industries: Ambuja Cements completes buyout of Sanghi Industries

Ambuja Cements bought about 133 million shares of Sanghi Industries worth ₹1,627 crore in a block deal on NSE on Tuesday. The shares were purchased at ₹121.9 apiece. The sellers included Sanghi Industries promoters Alok Sanghi, Aditya Sanghi, Sanghi Polymers and Samruddhi Investors Services, among others.

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