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Adani Group acquires Penna Cement at Rs 10,422 crore
Updated : 1 year, 11 months ago IST
Ambuja Cement, the cement and building material company of Adani Cement and part of the diversified Adani Group, announced on Thursday that it has signed a binding agreement for the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs. 10,422 crore.
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