Sanghi Industries to hold shareholder meeting virtually after NCLT corrigendum

Sanghi Industries Limited announced a corrigendum to the National Company Law Tribunal (NCLT) order dated September 25, 2025, regarding a scheme of arrangement with Ambuja Cements Limited. The NCLT has directed Sanghi Industries to convene a meeting of its equity shareholders via video conference or other audio-visual means on Thursday, November 20, 2025, at 11:00 a.m. IST, to approve the scheme.

The corrigendum, issued on October 9, 2025, specifically amends paragraphs 32 and 36 of the original NCLT order. Key changes include clarification that proxies will not be available for the virtual meeting, and the notice to shareholders, including details on remote e-voting and a copy of the scheme, must be sent through electronic mode.

For voting eligibility, a cut-off date of October 31, 2025, has been fixed, as per Rule 20 of the Companies (Management and Administration) Rules, 2014. All relevant documents, including the corrigendum, are available on Sanghi Industries’ website.