Sanghi Industries Plunges 12% Amid Merger Deal with Ambuja Cements!

Sanghi Industries Plunges 12% Amid Merger Deal with Ambuja Cements!

On Wednesday, December 18, 2024, the shares of cement company Sanghi Industries fell 12.35%, reaching a new 52-week low of Rs 67.42 per share. After the business announced on December 17 that the Board of Directors had approved the Scheme of Arrangement between Ambuja Cements Limited (Transferee business) and Sanghi Industries Limited (Transferor Company) and … Read more