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Ambuja Cements announces suspension of Sanghi Industries shares from trading

Ambuja Cements announces suspension of Sanghi Industries shares from trading

Business Upturn 1 week ago

Ambuja Cements Limited has announced the suspension of trading in the equity shares of Sanghi Industries Limited as part of a Scheme of Amalgamation.

The suspension, effective from April 6, 2026, follows approvals from the National Stock Exchange of India (NSE) and BSE Limited.

The NSE, through a circular issued under Regulation 3.1.2 of the NSE (Capital Market) Trading Regulations - Part A, stated that the equity shares of Sanghi Industries Limited (Symbol: SANGHIIND, Series: EQ) will be suspended from trading from the closing hours of April 2, 2026. This suspension is in line with the Scheme of Amalgamation involving Sanghi Industries and Ambuja Cements.

Similarly, BSE Limited, via Notice No. 20260401-56 dated April 1, 2026, informed trading members about the suspension of dealings in Sanghi Industries' equity shares (Scrip Code: 526521) effective April 6, 2026. This decision was made pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal, Ahmedabad Bench.

The Scheme of Amalgamation between Sanghi Industries Limited and Ambuja Cements Limited, along with their respective shareholders, marks a significant step in the restructuring process. The record date for the amalgamation was set for April 6, 2026, as previously disclosed by Ambuja Cements on March 12, 2026.

This announcement has been made available on the official website of Ambuja Cements Limited.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

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