Promoters Ambuja Cements, Ravi Sanghi to offload 3.52% stake in Sanghi Industries

Promoters Ambuja Cements, Ravi Sanghi to offload 3.52% stake in Sanghi Industries

Sanghi Industries announced on Tuesday that its promoters, Ambuja Cements and Ravi Sanghi, will sell stakes in the company through an offer for sale (OFS). The promoters plan to sell 9,092,000 shares, representing 3.52% of the total issued and paid-up equity share capital, the company said in an exchange filing. The floor price for the … Read more