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Sanghi Ind to raise Rs 660 cr for expansion
Gujarat-based Sanghi Industries plans to raise about Rs 660 crore in debt for part-financing an expansion programme. This will increase its cement capacity to 8 mn tonne.
The company currently operates a 2.6 mn tonne cement plant in Kutch. As per estimates the expansion programme will cost Rs 1,100 crore.
Contact: Sanghi Industries. Tel: 079-2656 4535. Fax: 079-2656 9013. E-mail: sanghicmo@sanghicement.com Website: www.sanghicement.com
Gujarat-based Sanghi Industries plans to raise about Rs 660 crore in debt for part-financing an expansion programme. This will increase its cement capacity to 8 mn tonne. The company currently operates a 2.6 mn tonne cement plant in Kutch. As per estimates the expansion programme will cost Rs 1,100 crore. Contact: Sanghi Industries. Tel: 079-2656 4535. Fax: 079-2656 9013. E-mail: sanghicmo@sanghicement.com Website: www.sanghicement.com