Reliance Mutual Fund has bought 3.26 million shares of Sanghi Industries at Rs 44.50 a share via a bulk deal on September 9, 2014. As on June 30, 2014, the promoters holding in the company stood at 71.03%, while institutions and non-institutions held 3.50% and 25.47% respectively.
Sanghi Industries is a manufacturer of Clinker and Cement. Sanghi Cement is produced at the world’s largest single-stream cement plant located at Sanghipuram in the Abdasa Taluka of Kutch district in Gujarat.