Sanghi Industries Limited has informed the Exchange that Record date for the purpose of Merger/HiveOff is 06-Apr-2026.
Awaiting price reaction for this filing.
Sanghi Industries Limited has formally merged with Ambuja Cements Limited, with the scheme of arrangement becoming effective on March 12, 2026, after the certified NCLT order was filed with the Registrar of Companies. The NCLT Ahmedabad Bench had sanctioned the scheme on February 9, 2026. As a result, Sanghi Industries stands amalgamated with Ambuja Cements and dissolved without being wound up. The appointed date for the merger is April 1, 2024. The company has fixed Monday, April 6, 2026 as the record date to identify shareholders whose Sanghi shares will be cancelled and who will receive new Ambuja Cements equity shares as per the swap ratio defined in the scheme. Both companies are part of the Adani Group.
Sanghi Industries shareholders will have their existing shares cancelled on the record date and will receive new Ambuja Cements shares in exchange as per the swap ratio, effectively making them shareholders of Ambuja Cements. The Sanghi stock is likely to be delisted from NSE and BSE following the merger.