Sanghi Industries has raised Rs 500 crore through allotment of 5000 Secured, Unrated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each on Private Placement basis. The Business Operations and Finance Committee of the Board of Directors of the Company at the meeting held on November 29, 2022 has approved the same.
Sanghi Industries is among leading cement manufacturers from Western India.