Ind-Ra downgrades Sanghi Industries long-term issuer rating to default category
The revised rating is on term loan (Rs 578.30 crore), non-convertible debentures/ NCDs (Rs 280 crore) and non-fund based limits (Rs 140 crore)07-07-2023
07-07-2023
SANGHI INDUSTRIES LTD. - 526521 - Announcement under Regulation 30 (LODR)-Credit Rating
We are enclosing the letter alongwith the details regarding revision in credit rating of the company under Regulation 30 of SEBI (LODR) Regulations, 2015.06-07-2023
SANGHI INDUSTRIES LTD. - 526521 - Compliance-57 (5) : intimation after the end of quarter
In compliance of Regulation 57 (5) of SEBI (LODR) Regulations, 2015, we are enclosing the letter about the details of interest about the 3050, Listed, Rated, Secured, Redeemable, Non Convertible Debentures (NCDs) of Rs. 10,00,000/- (Outstanding amount Rs 277.55 Crore) during the quarter from 1st April 2023 to 30th June 2023.04-07-2023
SANGHI INDUSTRIES LTD. - 526521 - Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD
Details regarding the intimation of payment of Interest on Non-convertible Debentures pursuant to Regulation 57 (1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is as per enclosed letter.30-06-2023
SANGHI INDUSTRIES LTD. - 526521 - Closure of Trading Window
Pursuant to SEBI (PIT) Regulations,. 2015 read with SEBI (PIT) (Amendment) Regulations, 2018, the trading window for dealing in securities of the company shall remain closed from 1st July 2023 till 48 hours after the announcement of financial results for the quarter ending 30th June 2023. The letter containing the details is enclosed.29-06-2023
SANGHI INDUSTRIES LTD. - 526521 - Compliance-57 (4) : Prior intimation to the beginning of the quarter
In compliance of Regulation 57(4) of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, the details of interest payable during the period from 1st July 2023 to 30th September 2023 for 3050 Listed, Rated, Secured, Redeemable, Non Convertible Debentures of Rs. 10,00,000/- each aggregating to Rs. 305 Crore ( Outstanding amount of Rs. 277.55 Crore) is as per the letter enclosed.29-06-2023
SANGHI INDUSTRIES LTD. - 526521 - Resume / Restoration Of Operations At Our Cement Plant At Kutch District, Gujarat.
We are enclosing herewith the letter regarding resume of operations at our cement plant at Kutch District, Gujarat.28-06-2023
SANGHI INDUSTRIES LTD. - 526521 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Discontinuation Of Operations At Our Cement Plant At Kutch District, Gujarat .
Pursuant to the above captioned matter, we would like to inform that the operations at the Cement Plant of the Company located at Sanghipuram , Village Motiber, Taluka Abdasa, Kutch District, Gujarat is discontinued with effect from 13th June, 2023 due to the forthcoming 'Cyclone Biporjoy' in the Arabian Sea, which is expected to touchdown between Mandvi (Gujarat) and Karachi (Pakistan) near the Jakhau Port (Gujarat) (which is 40 kms away from our Plant) on Thursday, 15th June, 2023 evening as a very severe cyclonic storm. The detailed letter is enclosed.14-06-2023
SANGHI INDUSTRIES LTD. - 526521 - Announcement under Regulation 30 (LODR)-Credit Rating
We would like to inform that the Company has received intimation of revision in credit ratings from India Ratings & Research Pvt. Ltd. through their e mail dated 9th June, 2023 the details of which are as per letter enclosed herewith.10-06-2023
SANGHI INDUSTRIES LTD. - 526521 - Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD
With reference to the captioned subject and in compliance with Regulation 57 (1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby certify that the Company has made timely payment of interest in respect of 3050 Listed, Rated, Secured, Redeemable, Non-Convertible Debentures ('NCDs') of Rs. 10,00,000/- each aggregating to Rs. 305 Crores (outstanding Rs. 277.55 Cr.) as per the details mentioned in the enclosed letter.30-05-2023