The Company has informed the exchange regarding the appointment of Mr. Rohit Soni as an Additional Director (Non-executive and Non-Independent) of the Company w.e.f. January 31, 2026.
Awaiting price reaction for this filing.
Sanghi Industries reported a Q3 FY26 loss of ₹115.39 crore (against ₹96.96 crore loss in Q3 FY25) on revenue from operations of ₹275 crore. For the nine months ended December 2025, revenue rose to ₹805.31 crore but the company posted a loss of ₹307.34 crore, though this was smaller than the ₹381.46 crore loss in the same period last year, helped by a ₹40 crore exceptional income from an indemnity reimbursement by erstwhile promoters. The Board approved the unaudited results, and separately appointed Mr. Rohit Soni (currently CFO of Adani's Cement business, ex-CFO of Adani Energy Solutions and Adani New Industries) as Additional Director (Non-Executive, Non-Independent) effective January 31, 2026. The company also reiterated that its merger scheme with Ambuja Cements (swap ratio 12 Ambuja shares per 100 Sanghi shares) awaits NCLT order, with the hearing on January 29, 2026.
Continued quarterly losses are a concern, but improvement in the 9-month loss and the pending merger with Ambuja Cements (its holding company) mean investors should focus on the scheme outcome, which could lead to share-swap based exit at a premium.