Sanghi Industries has raised Rs 305 crore through Listed, Rated, Secured, Redeemable, Non Convertible Debentures (NCDs) and allotted 3050 NCDs having face value of Rs 10,00,000 each on Private Placement basis. Date of maturity of said NCDs is February 23, 2027.
Sanghi Industries, formerly known as Sanghi Leathers. The company was initially established with the aim of manufacturing PVC foam leather cloth. Thereafter, it had extended its production process to items like PVC self adhesive tapes, tarpaulins, and cements. Now it is India’s largest single steam cement plant.