Adani Cement explores acquisitions in South and North-East India, aiming to expand capacity to 140 mtpa by 2028.
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Adani Injects $799 Million for Bigger Ambuja Cements StakeThe latest Adani investment comes through Harmonia Trade and Investment Ltd, a family-owned entity that acquired over 477 million convertible warrants from Ambuja Cements for 50 billion rupees in ...
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Adani's Ambuja Cements to acquire 46.8 per cent stake in Orient Cement for equity value of Rs 8,100 croreAdani Group’s Ambuja Cements on Tuesday announced ... In June this year, the country’s second-largest cement manufacturer acquired Hyderabad-based Penna Cement at an enterprise value of ...
Adani Group-owned Ambuja Cements Ltd on Wednesday reported a profit ... of Penna and Sanghi is under progress. It said that the acquired assets like Sanghi, Asian and Penna are doing well.
Major deals in India's cement sector since Adani Group's entry in 2022 December 27, 2024 India's Ambuja Cements will merge two of its recently purchased units into the company, it said on Tuesday ...
Shares of Adani Power, Adani Green Energy, Adani Energy Solutions, Adani Total Gas and Adani Enterprises have rallied between 5 per cent and 12 per cent, so far today ...
UltraTech's shares were off 0.4%. Shares of Adani-group controlled Ambuja Cements were flat, while those of ACC were down 1%. UltraTech could consider acquiring a larger stake in Star Cement to ...
Between 2016 and 2018, it acquired three assets—one more ... in April 2024 and Penna Cement in June 2024. Karan Adani, Director of Ambuja Cements (of which ACC is a subsidiary), while announcing ...
Q3 Results Highlights 30 Jan: Adani Ports & GAIL profit rises, BEL stock lead gains, Hitachi Energy shares shine, Tata Motors ends 7% lower post Q3 results Q3 Results Today Highlights January 30 ...
The company is planning to increase this capacity to 200mt by 2026-27. Its rival Ambuja Cements which now belongs to the Adani group had acquired Saurashtra-based Sanghi Industries, Penna Industries ...
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