SANGHIIND2024-01-012024-03-31 SANGHIIND2024-01-012024-03-31 SANGHIIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member SANGHIIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member SANGHIIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses03Member SANGHIIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member SANGHIIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member SANGHIIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses03Member SANGHIIND2024-03-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 526521 SANGHIIND NOTLISTED Sanghi Industries Limited Equity 2023-04-01 2024-03-31 2024-04-27 2024-04-19 INR Crores Yearly 13:00:00 14:30:00 2024-04-27 2024-04-27 true Cash Flow Indirect Declaration of unmodified opinion Single segment Cement Business 2024-01-01 2024-03-31 Audited Standalone 2848700000.00 34600000.00 2883300000.00 275100000.00 0.00 26600000.00 115100000.00 421600000.00 254200000.00 1843700000.00 2936300000.00 -53000000.00 -137200000.00 -190200000.00 0.00 0.00 0.00 0.00 -190200000.00 0.00 0.00 0.00 0.00 -190200000.00 11000000.00 -179200000.00 0.00 0.00 2583300000.00 10 -0.74 -0.74 0.00 0.00 -0.74 -0.74 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on April 27, 2024 2. In terms of Share Purchase Agreement (SPA) dated August 3, 2023 as amended, entered amongst (a) the Company (b) Certain Members of Promoters Group and (c) Ambuja Cements Limited (Acquirer), Acquirer has acquired 140821941 Equity Shares constituting 54.51% of Equity Share Capital of Company on December 6, 2023. Consequently, the Board of Directors was reconstituted on December 7, 2023. The Acquirer had made an Open Offer to Public Shareholders of the Company for acquiring upto 67164760 Equity Shares constituting about 26% of the paid-up equity share capital of the Company, wherein 20481161 Equity shares (i.e. 30.49% of the Offer size and 7.93% of the Paid-up Capital) were tendered by public shareholders. Post this Open Offer the shareholding of the Acquirer increased to 161303102 Equity shares (i.e. 62.44%) resulting in increase in the overall shareholding of promoter group to 80.52%. In order to achieve the Minimum Public Shareholding, the Acquirer has sold 5166000 Equity shares (i.e. 2%) in Open Market. Post selling of the shares, Acquirer is holding 156137102 Equity shares (i.e. 60.44%) of the Company and the overall shareholding of Promoter Group is 202836040 Equity shares (i.e. 78.52%) as on March 31, 2024. 3. Exceptional items represent a) Gain on disposal of non core assets, b) Provision for pending litigation and disputed matters, c) One time charges paid to erstwhile lenders at the time of prepayment, which has been refinanced from Inter Corporate Deposit taken from Ambuja Cements Limited and d) Interest on custom duty dues, the details are provided in the detailed results. 4. Considering the matter of prudence, deferred tax asset has not been recognized on the loss for the financial year ended March 31, 2023 and on the loss for the quarter & year ended March 31, 2024. 5. During the previous quarter, the Company has made prepayment of 3,050, Secured, Listed, Rated, Redeemable, Non Convertible Debentures ( NCD ) of face value of Rs. 10,00,000 each. As at March 31, 2024, the outstanding balance is NIL. Accordingly, additional disclosures / ratios as required under Regulation 52(4) of SEBI ( Listing Obligations and Disclosure Requirements ) Regulation 2015 as amended, are not disclosed in the financial results for the quarter and year ended March 31, 2024. 6. Board of Directors of the Company at its meeting held on April 22, 2024 has approved raising of funds by issuance of 220 crore Unlisted, Non-Convertible, Cumulative, Redeemable Preference Shares (RPS) of face value of Rs. 10/- each at par aggregating upto Rs. 2200 crore on private placement basis to Ambuja Cements Limited, (the Holding Company) bearing 8% coupon rate of dividend, subject to approval of the shareholders of the Company. 7. The company is exclusively engaged in the business of cement and cement related products. 8. Figures of quarter ended March 31, 2024 & March 31, 2023 represents the difference between the audited figures in respect of the full financial year and the published unaudited figures of nine months ended December 31, 2023 and December 31, 2022 respectively which were subject to limited review by the Auditors. 9. The figures for the previous periods have been regrouped / reclassified wherever necessary to conform to the current period's presentation. Single segment 2023-04-01 2024-03-31 Audited Standalone 8213500000.00 126000000.00 8339500000.00 689800000.00 24500000.00 924400000.00 649000000.00 2835900000.00 1070300000.00 6806200000.00 13000100000.00 -4660600000.00 174700000.00 -4485900000.00 2000000.00 0.00 2000000.00 0.00 -4487900000.00 0.00 0.00 0.00 0.00 -4487900000.00 4500000.00 -4483400000.00 0.00 0.00 2583300000.00 10 8524600000.00 -17.37 -17.37 0.00 0.00 -17.37 -17.37 Freight and forwarding expenses 70800000.00 Other expenses 362600000.00 Power and Fuel 1410300000.00 Freight and forwarding expenses 1341200000.00 Other expenses 1689600000.00 Power and Fuel 3775400000.00 31849300000.00 40300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 369400000.00 121500000.00 32380500000.00 1382100000.00 0.00 0.00 1732900000.00 189800000.00 0.00 8000000.00 1930700000.00 0.00 588900000.00 3901700000.00 800000.00 0.00 36283000000.00 2583300000.00 8524600000.00 11107900000.00 11107900000.00 20813000000.00 0.00 647000000.00 21460000000.00 82900000.00 0.00 0.00 0.00 21542900000.00 0.00 439600000.00 175300000.00 614900000.00 1191400000.00 1825900000.00 0.00 3632200000.00 0.00 0.00 25175100000.00 36283000000.00 2835900000.00 421200000.00 517200000.00 0.00 508700000.00 0.00 0.00 0.00 0.00 -2963700000.00 0.00 -226900000.00 0.00 1070300000.00 0.00 1182100000.00 0.00 0.00 0.00 2300000.00 0.00 25600000.00 0.00 0.00 0.00 -1250900000.00 0.00 0.00 0.00 2070600000.00 -2415300000.00 0.00 0.00 0.00 18000000.00 0.00 -2433300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2515600000.00 569200000.00 365200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 30200000.00 0.00 0.00 0.00 2341800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21329500000.00 15955300000.00 0.00 0.00 0.00 3559000000.00 0.00 0.00 1815200000.00 1723700000.00 0.00 1723700000.00 9200000.00 1732900000.00 11000000.00 4500000.00 0.00 0.00 0.00 0.00