Ambuja Cements and Ravi Sanghi, promoters of Sanghi Industries, are set to sell a 3.52% stake in the Saurashtra-based cement manufacturer. The Offer-for-Sale (OFS) will open on June 26, 2024, for non-retail investors and on June 27, 2024, for retail investors. They plan to sell up to 90,92,000 equity shares, currently valued at ₹102.35 each, potentially fetching ₹93.05 crore. Ambuja Cements, which acquired a majority stake in Sanghi Industries last year, holds 60.44% of the company, while Ravi Sanghi holds 2.10%. The sale will occur over two trading days through a separate stock exchange window. Sanghi Industries’ shares peaked at ₹151.85 on January 15, 2024.