Adani Group's Ambuja Cements to acquire 47% stake in Orient Cement for Rs 8,100 crore
Ahmedabad/IBNS: Ambuja Cements, a subsidiary of the Adani Group, announced on Tuesday (Oct. 22) the signing of a binding agreement to acquire Orient Cement Ltd (OCL) for Rs 8,100 crore.
Mumbai/IBNS: HeidelbergCement India's share price surged 18 percent on Monday (Oct. 7) following reports that the Adani Group is in talks to acquire the company, along with Zuari Cement, from its German parent firm.
2.76% equity of Ambuja Cements changes hands at Rs 625.5 per share
Mumbai/IBNS: As many as 6.8 crore shares, or 2.76 percent equity, of Indian cement production major Ambuja Cements changed hands in the block deal window on Friday (August 23), reports said.
Adani family infuses Rs 8,339 cr in Ambuja Cements, raising stake to 70.3%
Ahmedabad: The Adani family, headed by billionaire Gautam Adani, announced on Wednesday that they have injected Rs 8,339 crore as the main shareholders into their cement subsidiary Ambuja Cements Ltd. by fully participating in the company's warrants program.
Ambuja Cements to acquire 1.5 MTPA grinding unit at Tamil Nadu’s Tuticorin for Rs 413.75 cr
Ahmedabad: Adani Group-owned cement and building material company Ambuja Cements signed a definitive agreement to acquire My Home Group's 1.5 MTPA cement grinding unit in Tamil Nadu’s Tuticorin.
Ambuja Cements incorporates three wholly-owned subsidiaries to bolster aircraft, cement business
Mumbai: Adani Group company Ambuja Cements Ltd informed the stock exchanges on Friday that it has acquired three wholly-owned subsidiary companies namely, Lotis IFSC Private Ltd, Ambuja Concrete North Private Ltd and Ambuja Concrete West Private Limited in order to carry business in aircraft and cement sectors, media reports said.
Adani Group's Ambuja Cements acquires Sanghi Industries for Rs 5,000 cr
Mumbai: Adani Group-owned Ambuja Cements Ltd (ACL) has acquired Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore, the company said in a press release on Thursday.
After takeover, Adani Group announces infusion of Rs 20,000 cr in Ambuja Cements
Mumbai: The Adani Group completed the acquisition of Ambuja Cement and its listed subsidiary ACC on Friday, becoming India's largest conglomerate by market capitalisation and also announced a record preferential issue of stocks.
Ambuja Cements empowers contractors with its new-age mobile application ‘Darpan’
Mumbai: Ambuja Cements has launched ‘Darpan', a business aid mobile application, that aims to engage contractors and simplifies their businesses.