Notice of 38th Annual General Meeting of the members of the Company to be held on Thursday, 26th June 2025
Awaiting price reaction for this filing.
Sanghi Industries Ltd (BSE: 526521, NSE: SANGHIIND), part of the Ambuja Cements and Adani Group, has notified BSE and NSE that its 38th Annual General Meeting will be held on Thursday, 26th June 2025 at 4:30 p.m. via Video Conferencing/Other Audio Visual Means. The Annual Report for FY 2024-25, including the AGM Notice and Business Responsibility and Sustainability Report, has been filed and is available on the company's website (www.sanghicement.com), sent only electronically to members. Key FY25 financial highlights shared in the annual report include Revenue from Operations of ₹969 crore (up 17% from ₹828 crore), Net Worth of ₹612 crore, and EBITDA before exceptional items of ₹106 crore versus a loss of ₹75 crore in FY24. The company operates India's largest single-location cement plant at Sanghipuram, Kutch with 6.6 MTPA clinker and 6.1 MTPA cement capacity, and supplies exclusively to Ambuja Cements and ACC under a Master Supply Agreement.
This is a routine regulatory filing regarding the AGM notice and annual report submission. The AGM date is set for 26th June 2025 where shareholders will consider ordinary business items. While the company is still loss-making at the net level, the strong revenue growth, improved EBITDA, and continued capital infusion from Ambuja Cements signal operational turnaround progress. Shareholders should watch for details on the proposed merger with Ambuja Cements, which could unlock significant value and simplify the corporate structure.