Invesco Mutual Fund Increases Stake in Sanghi Industries to 7.08% Through Open Market Purchase

1 min read     Updated on 28 Mar 2026, 06:05 AM
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Invesco Mutual Fund has increased its stake in Sanghi Industries Limited to 7.0826% through the acquisition of 2,80,000 shares via open market purchase on March 25, 2026. The transaction, executed by Invesco India Arbitrage Fund, represents a 0.1084% increase in holding and a total change of 2.0255% from the previous disclosure. The disclosure was made under SEBI Takeover Regulations by Invesco Asset Management (India) Pvt. Ltd., with the company's share capital structure remaining unchanged at Rs. 2,58,32,60,000 comprising 25,83,26,000 equity shares.

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Sanghi Industries has received disclosure from Invesco Mutual Fund regarding a substantial acquisition of shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The mutual fund has increased its stake in the company through open market purchases.

Acquisition Details

Invesco Mutual Fund, through its scheme Invesco India Arbitrage Fund, has acquired 2,80,000 equity shares of Sanghi Industries on March 25, 2026. This acquisition represents 0.1084% of the company's total share capital and was executed through open market transactions.

Parameter Before Acquisition Acquisition After Acquisition
Shares Held 1,80,16,250 2,80,000 1,82,96,250
Percentage Holding 6.9742% 0.1084% 7.0826%

Shareholding Position

The mutual fund's aggregate holding in Sanghi Industries has increased to 7.0826% of the paid-up share capital as of the close of business hours on March 25, 2026. This represents a change of 2.0255% from the last disclosure made under sub-regulation (1) of the SEBI Takeover Regulations.

Company Share Capital Structure

Sanghi Industries' equity share capital structure remains unchanged following this transaction:

Details Amount/Number
Total Equity Share Capital Rs. 2,58,32,60,000
Number of Equity Shares 25,83,26,000
Face Value per Share Re. 10

Regulatory Compliance

The disclosure has been made in compliance with Regulation 29(2) and 29(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Invesco Asset Management (India) Pvt. Ltd., acting as the investment manager for Invesco Mutual Fund, has submitted the required details to the company and stock exchanges where Sanghi Industries shares are listed.

Stock Exchange Listings

Sanghi Industries shares are listed on both major Indian stock exchanges:

  • BSE Limited
  • National Stock Exchange of India Limited

The disclosure was signed by Hardik Mehta, Chief Risk Officer at Invesco Asset Management (India) Pvt. Ltd., and dated March 27, 2026. Invesco Mutual Fund does not belong to the promoter or promoter group of Sanghi Industries Limited.

Historical Stock Returns for Sanghi Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.13%-6.05%-18.77%-24.41%-14.78%+22.44%

Will Invesco Mutual Fund continue accumulating shares in Sanghi Industries to reach the 10% threshold that would trigger additional regulatory requirements?

How might this institutional investment signal affect other mutual funds' and foreign investors' interest in Sanghi Industries' stock?

What strategic initiatives or financial performance improvements at Sanghi Industries could be driving Invesco's increased confidence in the company?

Ambuja Cements Confirms Sanghi Industries Merger Effective March 12, 2026

2 min read     Updated on 12 Mar 2026, 09:02 PM
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Ambuja Cements Limited has officially confirmed the effectiveness of its scheme of arrangement with Sanghi Industries Limited from March 12, 2026, following NCLT approval and regulatory filings. The merger results in Sanghi Industries being amalgamated and dissolved, with April 6, 2026 set as the record date for eligible shareholders to receive Ambuja Cements equity shares.

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Ambuja Cements Limited has officially confirmed that the scheme of arrangement with Sanghi Industries Limited became effective on March 12, 2026, following the filing of certified copies of the National Company Law Tribunal order with the Registrar of Companies. The company has set April 6, 2026 as the record date for determining eligible shareholders for equity share allotment.

Scheme Implementation and Regulatory Compliance

The scheme of arrangement between Sanghi Industries Limited (Transferor Company) and Ambuja Cements Limited (Transferee Company) received approval from the Hon'ble National Company Law Tribunal, Ahmedabad Bench on February 9, 2026. Both companies filed the certified copy of the NCLT order with the Registrar of Companies, Ahmedabad, Gujarat on March 12, 2026, fulfilling all conditions specified in Clause 3.3 of the Scheme.

Parameter: Details
Effective Date: March 12, 2026
Record Date: April 6, 2026
Appointed Date: April 1, 2024
NCLT Approval: February 9, 2026

Corporate Restructuring Impact

With the scheme now effective, Sanghi Industries stands amalgamated with Ambuja Cements Limited and dissolved without being wound up. According to the official intimation filed under Regulation 30, equity shareholders of Sanghi Industries whose names appear in the Register of Members as on April 6, 2026 will be entitled for allotment of equity shares of Ambuja Cements Limited.

Exchange Notifications and Disclosure Requirements

Ambuja Cements Limited has notified multiple stock exchanges about the scheme's effectiveness, including National Stock Exchange of India Limited, BSE Limited, and Luxembourg Stock Exchange. The disclosure complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Exchange Details: Information
NSE Symbol: AMBUJACEM
BSE Scrip Code: 500425
Luxembourg Code: US02336R2004
Filing Date: March 12, 2026

Official Documentation and Compliance

The intimation, signed by Company Secretary & Compliance Officer Manish Mistry, confirms that all relevant documentation has been uploaded on the company's website at www.ambujacement.com . The official communication was digitally signed on March 12, 2026, ensuring complete regulatory compliance and transparency in the merger process.

Corporate Details: Information
Registered Office: Adani Corporate House, Shantigram, Ahmedabad
CIN: L26942GJ1981PLC004717
Compliance Officer: Manish Vinodchandra Mistry
Website: www.ambujacement.com

This strategic corporate restructuring integrates Sanghi Industries' operations with Ambuja Cements Limited, creating value for shareholders through the structured share exchange mechanism while maintaining full regulatory compliance across all listed exchanges.

Historical Stock Returns for Sanghi Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.13%-6.05%-18.77%-24.41%-14.78%+22.44%

More News on Sanghi Industries

1 Year Returns:-14.78%