+
Sanghi Industries receives funds from Kotak Special Situations Fund
Real Estate

Sanghi Industries receives funds from Kotak Special Situations Fund

Kotak Special Situations Fund (KSSF), managed by KIAL, has pledged Rs 5.5 billion to Sanghi Industries Group in the form of non-convertible debentures (NCDs).

From the total, KSSF has put Rs 5 billion into Sanghi Industries' (SIL) NCDs and $50 million into a business owned by SIL's promoters that will then be infused into SIL.

KSSF will make investments out of a fund worth Rs 1 billion. With this investment, KSSF has invested more than Rs 63 billion and completed 13 agreements.

The capital infusion will improve SIL's operations, assist the company's liquidity profile, and fix its capital structure.

Also read:
Godrej Properties to unveil Rs 80 billion housing project in Delhi
SWAMIH fund okays Rs 2.07 bn for stalled Noida project


Kotak Special Situations Fund (KSSF), managed by KIAL, has pledged Rs 5.5 billion to Sanghi Industries Group in the form of non-convertible debentures (NCDs). From the total, KSSF has put Rs 5 billion into Sanghi Industries' (SIL) NCDs and $50 million into a business owned by SIL's promoters that will then be infused into SIL. KSSF will make investments out of a fund worth Rs 1 billion. With this investment, KSSF has invested more than Rs 63 billion and completed 13 agreements. The capital infusion will improve SIL's operations, assist the company's liquidity profile, and fix its capital structure. Also read: Godrej Properties to unveil Rs 80 billion housing project in Delhi SWAMIH fund okays Rs 2.07 bn for stalled Noida project

Next Story
Infrastructure Urban

Visaka Industries Q1 Profit Rises 23 Per Cent To Rs 388 Million

Visaka Industries Ltd has reported a consolidated net profit of Rs 388 million for the quarter ended June 2025, up 23 per cent from Rs 315 million a year earlier. Consolidated revenue from operations rose 11 per cent year-on-year to Rs 5.56 billion from Rs 5.01 billion.The company said growth was driven by higher sales in its building materials segment, supported by increased demand from both rural and urban markets. The textiles division also contributed positively to the topline.Visaka Industries continues to focus on product innovation, operational efficiencies, and expanding its market rea..

Next Story
Infrastructure Urban

HFCL Bags Rs 7.76 Billion Orders For Optical Fibre Cables

HFCL Ltd has secured purchase orders worth Rs 7.76 billion from Larsen & Toubro (L&T) and ITI Ltd for the supply of optical fibre cables. The cables will be used in various defence network projects across India.The company said the contracts highlight its expertise in advanced fibre optic technology and its role in supporting the country’s strategic communication infrastructure. Deliveries are scheduled in line with project timelines.HFCL added that it continues to focus on expanding its product portfolio, strengthening manufacturing capabilities, and enhancing its presence in domest..

Next Story
Infrastructure Energy

KPI Green Energy Secures Rs 4.31 Billion Solar Project Orders

KPI Green Energy Ltd has received new solar power project orders worth Rs 4.31 billion to deliver a total capacity of 58.14 MW under its Captive Power Producer (CPP) segment. The orders have been placed by various industrial clients in Gujarat.The projects will be executed across multiple locations, with completion targeted in phases. KPI Green Energy said the contracts underscore the growing demand for renewable energy solutions as industries seek to reduce their carbon footprint and lower energy costs.The company added that its strong execution capabilities and focus on sustainable energy in..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?