Invesco Mutual Fund Crosses 5% Threshold in Sanghi Industries with Recent Share Acquisition

1 min read     Updated on 12 Mar 2026, 03:59 PM
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Overview

Invesco Mutual Fund has crossed the 5% shareholding threshold in Sanghi Industries Limited after acquiring 3,32,500 shares through open market transactions on March 11, 2026. The acquisition increased the fund's total holding from 4.9284% to 5.0571% of the company's paid-up share capital, triggering mandatory SEBI disclosure requirements. The investment was made through Invesco India Arbitrage Fund, demonstrating institutional confidence in the Adani group company's prospects.

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*this image is generated using AI for illustrative purposes only.

Sanghi Industries has received a regulatory disclosure from Invesco Mutual Fund regarding the crossing of the 5% shareholding threshold, as mandated under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure, dated March 12, 2026, reveals significant institutional investment activity in the company's shares.

Acquisition Details

Invesco Mutual Fund, through its scheme Invesco India Arbitrage Fund, acquired 3,32,500 equity shares of Sanghi Industries through open market transactions on March 11, 2026. This acquisition increased the fund's total shareholding from 1,27,31,250 shares to 1,30,63,750 shares.

Parameter Before Acquisition Acquisition After Acquisition
Number of Shares 1,27,31,250 3,32,500 1,30,63,750
Percentage Holding 4.9284% 0.1287% 5.0571%

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which requires institutional investors to notify companies and stock exchanges when their shareholding crosses the 5% threshold. Hardik Mehta, Chief Risk Officer at Invesco Asset Management (India) Pvt. Ltd., signed the disclosure document.

Company Share Capital Structure

Sanghi Industries maintains a stable equity share capital structure with no changes resulting from this transaction. The company's share capital details remain consistent:

Parameter Details
Total Equity Share Capital Rs. 2,58,32,60,000
Number of Equity Shares 25,83,26,000
Face Value per Share Re. 10
Stock Exchange Listings BSE Limited, National Stock Exchange of India Limited

Investment Characteristics

The acquisition was executed through open market purchases, indicating normal trading activity rather than any special arrangement or allotment. Invesco Mutual Fund confirmed that it does not belong to the promoter or promoter group of Sanghi Industries, maintaining its status as an independent institutional investor.

Market Implications

This substantial acquisition by Invesco Mutual Fund demonstrates institutional confidence in Sanghi Industries' business prospects. The crossing of the 5% threshold places Invesco among the significant shareholders of the company, potentially influencing future corporate governance and strategic decisions. The fund's investment through its arbitrage scheme suggests a strategic approach to value creation in the cement and construction materials sector.

Historical Stock Returns for Sanghi Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-4.65%-11.25%-19.40%-19.59%-5.98%+15.39%

Sanghi Industries Director Ajay Kapur Resigns Following Superannuation from Ambuja Cements

1 min read     Updated on 31 Jan 2026, 09:27 PM
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Reviewed by
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Overview

Sanghi Industries Limited announced Director Ajay Kapur's resignation effective January 31, 2026, following his superannuation as Managing Director of Ambuja Cements Limited. The company has notified stock exchanges in compliance with SEBI regulations, with Mr. Kapur confirming no other reasons for his departure beyond the superannuation.

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Sanghi industries has announced the resignation of Director Mr. Ajay Kapur, effective from the close of business hours on January 31, 2026. The resignation follows his superannuation as Managing Director of Ambuja Cements Limited.

Regulatory Compliance and Notification

The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this board change, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Pranjali Dubey signed the regulatory filing on January 31, 2026.

Director Cessation Details

The regulatory filing provided comprehensive details about Mr. Kapur's departure:

Parameter: Details
Director Name: Mr. Ajay Kapur
DIN: 03096416
Cessation Date: January 31, 2026
Reason: Superannuation from Ambuja Cements Limited
Effective Time: Close of business hours

Resignation Letter Highlights

In his resignation letter addressed to the Board of Directors, Mr. Kapur confirmed that his departure is solely due to his superannuation as Managing Director of Ambuja Cements Limited. He explicitly stated that there are no other reasons for his resignation apart from this superannuation.

Company Acknowledgment

Mr. Kapur expressed gratitude to all Board members for their cooperation and support during his tenure. He extended his best wishes to Sanghi Industries Limited for all future endeavors. The company has confirmed that all relevant documents related to this board change will be posted on its official website at www.sanghicement.com .

Corporate Information

Sanghi Industries Limited operates from its registered office at Adani Corporate House, Shantigram, near Vaishnodevi Circle, S.G. Highway, Khodiyar, Ahmedabad, Gujarat. The company maintains its corporate identification number as L18209GJ1985PLC157787.

Historical Stock Returns for Sanghi Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-4.65%-11.25%-19.40%-19.59%-5.98%+15.39%

More News on Sanghi Industries

1 Year Returns:-5.98%