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Sanghi Industries share price crashes 12% to 52-week low after THIS merger update

www.livemint.com 18-12-2024 06:23 0.5 Minutes reading
Sanghi Industries' shares plummeted over 12% to ₹67.42, following Ambuja Cements' merger announcement. Ambuja, holding a 58.08% stake, will issue shares to Sanghi's shareholders. The merger aims to enhance business efficiency and shareholder value, with completion expected in 9-12 months.

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