SANGHIIND2024-10-012024-12-31 SANGHIIND2024-10-012024-12-31 SANGHIIND2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member SANGHIIND2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member SANGHIIND2024-10-012024-12-31in-bse-fin:OneOperatingExpenses03Member SANGHIIND2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member SANGHIIND2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member SANGHIIND2024-10-012024-12-31in-bse-fin:FourOperatingExpenses03Member SANGHIIND2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 526521 SANGHIIND NOTLISTED Sanghi Industries Limited Equity 2024-04-01 2025-03-31 2025-01-27 2025-01-20 INR Crores Third quarter 16:00:00 17:00:00 2025-01-27 2025-01-27 Not applicable Single segment Cement Business 2024-10-01 2024-12-31 Unaudited Standalone 2589600000.00 41500000.00 2631100000.00 296700000.00 0.00 -467300000.00 139400000.00 581600000.00 365100000.00 2317800000.00 3233300000.00 -602200000.00 0.00 -602200000.00 -2000000.00 369400000.00 367400000.00 0.00 -969600000.00 0.00 0.00 0.00 0.00 -969600000.00 0.00 -969600000.00 -563100000.00 -406500000.00 2583300000.00 10 -3.75 -3.75 0.00 0.00 -3.75 -3.75 Notes: 1.The above financial results have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on January 27, 2025. 2. The Statutory Auditors have carried out limited review of the financial results of the Company for the quarter and nine months ended December 31, 2024. 3. During the previous quarter ended June 30, 2024, Ambuja Cements Limited, Holding Company and Mr. Ravi Sanghi (Promoters) of the Company have sold 60,92,000 and 30,00,000 Equity Shares of the Company respectively aggregating to 90,92,000 Equity Shares (representing 3.52% of the Paid-up Equity Share Capital of the Company) through offer for sale through stock exchange mechanism to achieve minimum public shareholding (MPS) requirements. Post successful completion of Offer for Sale, the Promoter Shareholding have reduced from 78.52% to 75% of the Paid-up Equity Share Capital of the Company and Company has achieved the MPS requirements, as mandated under Rules 19(2) (b) and 19A of the Securities Contracts (Regulations) Rules, read with Regulation 38 of the SEBI Listing Regulations. 4.Exceptional items represent a) Gain on disposal of noncore assets, b) Provision for pending litigation and disputed matters, c) Onetime 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 are provided as notes to the detailed financial results submitted by the Company. 5. The Company had recognised net deferred tax asset of Rs 36.94 Crore in the form of unabsorbed depreciation, carried forward losses and other temporary disallowances under Income Tax Act. During the quarter, the Company has re-assessed carrying value of deferred tax assets in the books by restricting the deferred tax asset to the extent of deferred tax liabilities. The Company has determined that there is no reasonable certainty that the deferred tax assets will be utilised in the near future. Accordingly, deferred tax asset of Rs. 36.94 Crore has been reversed in current quarter and nine months ended December 31, 2024. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 6334500000.00 279600000.00 6614100000.00 727100000.00 0.00 -663700000.00 435000000.00 1613100000.00 1207400000.00 5530400000.00 8849300000.00 -2235200000.00 -1212000000.00 -3447200000.00 -2000000.00 369400000.00 367400000.00 0.00 -3814600000.00 0.00 0.00 0.00 0.00 -3814600000.00 -19300000.00 -3833900000.00 -2226700000.00 -1607200000.00 2583300000.00 10 -14.77 -14.77 0.00 0.00 -14.77 -14.77 Freight and Forwarding 76200000.00 Other Expenses 511400000.00 Power and Fuel 1730200000.00 Freight and Forwarding 185200000.00 Other Expenses 1124100000.00 Power and Fuel 4221100000.00 Cont.... 6. During the quarter ended June 30, 2024, the Company had revised its estimate to determine the residual value of Property, Plant & Equipment. Due to such change, assets with no remaining useful life as at June 30, 2024 were fully depreciated in the quarter ended June 30, 2024. Consequently, the depreciation and amortisation expenses for the quarter ended June 30, 2024 and nine months ended December 31, 2024 is higher by Rs. 12.75 Crore. 7. During the quarter ended September 30, 2024, pursuant to the approval of the shareholders on June 2, 2024 for issuance of upto Rs. 2,200 Crore 8% Non-convertible Cumulative Redeemable Preference Shares (RPS), the Company has completed the allotment of 220 Crore RPS of Rs. 10 Each aggregating to Rs. 2200 Crore to Ambuja Cements Limited (Holding Company) in five tranches from 4th July, 2024 to 19th July, 2024. 8. The Company is exclusively engaged in the business of cement and cement related products with sales in the domestic market. Accordingly, there is no separate reportable Segment as per Ind AS 108 “Operating Segment. 9. During the quarter ended December 31, 2024, the Board of Directors of the Company at its meeting held on December 17, 2024, has approved the Scheme of Arrangement between the Company (“Transferor Company”), Ambuja Cements Limited (“Transferee Company”) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Act”) w.e.f. appointed date April 1, 2024. Upon the Scheme becoming effective, the equity shareholders of the Transferor Company (Other than Transferee Company) will be issued and allotted 12 equity shares of the face value of Rs. 2 each fully paid of Transferee Company, for every 100 equity shares of the face value of Rs. 10 each fully paid held by shareholders in Transferor Company. The Scheme is subject to necessary statutory and regulatory approvals under the applicable laws, including approval of the jurisdictional Hon’ble National Company Law Tribunal (“NCLT”). As on date of adoption of these financial results by the Board, the Company has filed proposed Schemes with Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE) for obtaining No-objection letters. 0.00 -19300000.00 0.00 0.00 0.00 0.00