BSESanghi Industries LtdMinimalNeutral
Announced Tue, 2 Dec · 19:57 IST

The Company has informed the Exchange about Copy of Newspaper Publication in respect of notice of hearing of the petition before the Hon''ble National Company Law Tribunal, Ahmedabad Bench ....

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sanghi Industries has informed stock exchanges about a newspaper advertisement regarding the NCLT hearing of its merger scheme with Ambuja Cements, another Adani group company. The NCLT Ahmedabad Bench, through an order dated November 27, 2025, has fixed the next hearing of the joint company petition for January 22, 2026. The notice was published in Indian Express (English, all editions) and Financial Express (Gujarati, Ahmedabad edition) on December 2, 2025. Under the scheme, Sanghi Industries is the transferor company and Ambuja Cements is the transferee company, with the arrangement involving their respective shareholders.

Likely market impact

This is a routine procedural update confirming progress toward the previously announced merger of Sanghi Industries into Ambuja Cements. The fixed hearing date moves the scheme one step closer to completion, but shareholders should await the NCLT's final approval. No immediate change to share price is expected from this filing alone.