Search For "ambuja cements"
Adani Group acquires Penna Cement at Rs 10,422 crore
Updated : 1 year, 9 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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Ambuja Cements posts record annualised net profits in 2023-24
Updated : 1 year, 10 months ago IST
The Adani Group company attributed this strong performance to improved key performance indicator (KPIs) -- like volumes, efficiencies, cost, and capital expenditure.
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Adani family infuses Rs 8,339 crore in Ambuja Cements, raises stake by 3.6
Updated : 1 year, 11 months ago IST
The Adani family has fully subscribed to the warrants programme in the company by further infusing Rs 8,339 crore and has infused a total amount of Rs 20,000 crore
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Ambuja Cements acquires My Home Group's cement grinding Unit in Tamil Nadu
Updated : 1 year, 11 months ago IST
The release by the company states that the acquisition, valued at Rs. 413.75 Crores and funded through internal accruals. The aquisition will expand Ambuja's coastal footprint in the southern markets of Tamil Nadu and Kerala. With this acquisition, the Adani Group's total cement capacity rea
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Ambuja Cements registers 123 pc rise in consolidated net profits in Q3FY2
Updated : 2 years, 1 month ago IST
Ambuja Cements, the cement and building materials flagship company of the diversified Adani Group, reported a whopping 123 per cent rise in consolidated profit after tax (net profits) in the quarter that ended in December 2023.
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Ambuja Cements commits Rs 6,000 crore investment for renewable power proje
Updated : 2 years, 2 months ago IST
Ambuja Cements, which is under the larger Adani Group, has committed an investment of Rs 6,000 crores in renewable power projects, targeting a capacity of 1,000 megawatts.
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Congress slams Centre over acquisition of Sanghi Industries by "Adani-owne
Updated : 2 years, 7 months ago IST
Congress General Secretary in-charge Communications Jairam Ramesh, in a statement, alleged that India’s third-largest cement producer Shree Cement, who was in talks to acquire Sanghi Industries, exited the race after Income Tax Department launched raids against it. The senior leader said tha
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Ambuja Cements acquires Sanghi Industries at enterprise value of Rs 5,000
Updated : 2 years, 7 months ago IST
Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group on Thursday announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore.
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Ambuja Cements declared preffered bidder for Odisha's Uskalvagu limestone
Updated : 3 years ago IST
The block is situated in the Malkangiri district of Odisha over an area of 547 hectare with an estimated limestone resource of 141 million tonnes having an average CaO (calcium oxide) content of 43.74 per cent.
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Post Change of Ownership, Ambuja Cements records substantial jump in Seque
Updated : 3 years, 1 month ago IST
Ahmedabad (Gujarat) [India], February 7 (ANI/BusinessWire India): Ambuja Cements Limited (Ambuja), the building materials arm of Adani Cement and part of the diversified Adani group, today announced the financial results for the quarter ended December 31, 2022. The Company has embarked on a
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Adani Group-owned Ambuja Cements, ACC clarify its shares not pledged by pr
Updated : 3 years, 1 month ago IST
"The Promoters have only provided non-disposal undertaking and accordingly, there is no requirement of providing any top-up of shares of Ambuja and ACC or cash top up under the acquisition financing raised last year," says Adani Group-owned ACC and its promoter entity, Ambuja Cements.
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Ambuja Cements Limited records Robust Cement Volume growth of 12 per cent
Updated : 3 years, 4 months ago IST
Ahmedabad (Gujarat) [India], October 21 (ANI/BusinessWire India): Ambuja Cements Limited (Ambuja), the building materials arm of the diversified Adani Group, today announced the financial results for the quarter ended September 30, 2022.
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