Pi­ra­mal In­vests .₹ 256.5 cr in Sanghi In­dus­tries

The Economic Times - - Companies: Pursuit Of Profit -

Pi­ra­mal En­ter­prises on Thurs­day said it has in­vested .₹ 256.5 crore in Sanghi In­dus­tries by sub­scrib­ing to the ce­ment maker's non-con­vert­ible deben­tures. The com­pany through its Struc­tured In­vest­ment Group sub­scribed to non-con­vert­ible deben­tures of Sanghi In­dus­tries to the ex­tent of .₹ 256.5 crore, to en­able the com­pany to term out its cap­i­tal struc­ture and re­pay its lenders ahead of sched­ule, Pi­ra­mal En­ter­prises said in a state­ment.

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