Ambuja Cements has confirmed that, following the approval of the scheme of amalgamation by the National Company Law Tribunal, the equity shares of Sanghi Industries will be suspended from trading on both the National Stock Exchange and BSE, effective April 06, 2026. This milestone marks a significant step in the ongoing amalgamation process between the two entities, with trading activity for Sanghi Industries concluding after the market close on April 02, 2026.
Trading Suspension Details
Following the formal approval of the Scheme of Amalgamation by the National Company Law Tribunal (Ahmedabad Bench), trading in the equity shares of Sanghi Industries Limited has been officially suspended. Both major Indian stock exchanges, the National Stock Exchange (NSE) and BSE, have implemented the suspension effective as of April 06, 2026.
Impact on Shareholders
Trading in the shares of Sanghi Industries was effectively halted after the close of markets on April 02, 2026, to accommodate the record date formalities. This suspension is a procedural requirement to facilitate the seamless integration and amalgamation of Sanghi Industries into Ambuja Cements. Investors and trading members have been duly notified by the exchanges regarding this transition, ensuring compliance with the approved restructuring scheme.
Source: BSE