🏢 About the Company:
Sanghi Industries Limited (SIL), a part of the Adani Group, is one of India’s largest cement manufacturers. With a manufacturing facility in Gujarat, the company produces high-quality cement and clinker, supplying across domestic and international markets. The company is known for its integrated operations, sustainability efforts, and extensive dealer network.
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Registered Office: Adani Corporate House, Ahmedabad, Gujarat
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CIN: L18209GJ1985PLC157787
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Website: www.sanghicement.com
💹 Key Market Data (as of June 2, 2025):
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NSE Symbol: SANGHIIND
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BSE Code: 526521
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Current Market Price: ₹101.35 (approx. as per last traded data)
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Market Cap: ~₹2,500 Cr
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52-Week Range: ₹72.10 – ₹117.90
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Industry: Cement & Cement Products
📜 Details:
In a significant move towards enhanced compliance and transparency, Sanghi Industries Limited (SIL) has formally published a newspaper advertisement notifying shareholders about the convening of its 38th Annual General Meeting (AGM). The disclosure, made in adherence to Regulations 30, 44, and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, sets a clear precedent for corporate governance and timely stakeholder communication.
The AGM is scheduled to be held on Thursday, June 26, 2025, at 4:30 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). This move not only complies with regulatory provisions but also provides convenience and accessibility to shareholders across geographies. The company published this information in the Financial Express (English & Gujarati editions) on 1st and 2nd June 2025, ensuring reach to both regional and national investors.
🔹 Compliance Focus:
Sanghi Industries’ announcement reflects strict adherence to:
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Section 108 of the Companies Act, 2013
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Rule 20 of the Companies (Management and Administration) Rules, 2014
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Secretarial Standards of ICSI
By following these norms, Sanghi Industries reinforces investor confidence, especially among retail participants who rely on clarity and compliance in decision-making.
🔹 E-Voting Details:
The company has initiated the e-voting process, which allows shareholders to cast their votes electronically. This democratization of corporate governance ensures every investor’s voice is heard, irrespective of location. The final voting window details, record dates, and login procedures are expected to be shared through official channels and emails.
📊 Key Takeaways in Points:
✔️ AGM Date: Thursday, 26th June 2025 at 4:30 PM
✔️ Mode of AGM: Fully virtual via VC/OAVM
✔️ Published In: Financial Express (1st and 2nd June 2025 editions)
✔️ Disclosure Under: Regulation 30, 44, and 47 of SEBI LODR
✔️ Compliance: Companies Act 2013, Rule 20 (Management Rules), Secretarial Standards
✔️ E-voting Facility: Available with detailed instructions for shareholder participation
✔️ Issued By: Pranjali Dubey, Company Secretary & Compliance Officer
✔️ Convenience for Retail Investors: Enables easy participation and transparency
📈 Effect on Share Market:
This announcement is likely to have a mildly positive impact on the company’s stock in the short term. Markets usually respond favorably to:
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Timely compliance with SEBI regulations
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Proactive corporate governance
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Shareholder inclusivity, especially in voting and disclosures
Retail and institutional investors may view this as a signal of corporate stability and transparency, both critical in evaluating a mid-cap cement player.
🛠 How This Helps Retail Traders:
🌟 Transparency Boost:
Retail investors often rely on public disclosures for clarity on company affairs. This notice provides essential details in a structured and timely manner.
🌟 Easy Participation:
Through VC/OAVM and e-voting, even small shareholders can participate without attending physically.
🌟 Signal of Governance Quality:
Good compliance often reflects management’s commitment to long-term shareholder value.
💬 Reader Engagement Phrase:
“Are you ready to vote smart in the next AGM? Don’t miss the opportunity to shape Sanghi’s future — now at your fingertips!”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
