Additionally, the board has proposed a final dividend of Rs 2 per share. 18 Apr 2024 On Wednesday, Ambuja Cements announced that its promoters, the Adani family have fully subscribed to the ...

The acquisition will improve Adani group's share in the cement market pan-India by 2 per cent and 8 per cent in south India, according to a regulatory filing by Ambuja Cements to the stock exchanges.

Ambuja Cements share price surged over 4 per cent in early deals on the BSE on Friday, August 23, amid reports of promoters ...

NEW DELHI: Ambuja Cements, the cement and building material company of the Adani Group, has proposed separate schemes of arrangement of its subsidiaries Sanghi Industries (SIL) and Penna Cement ...

As part of the deal's completion, Ambuja Cements also executed a trade (in on and off-market trade) to acquire 54.51 per cent of the voting share capital from the promoters of Sanghi Industries.

Ambuja Cement will issue 174 shares for every 1 share of Adani Cementation, further streamlining its organizational structure. This transaction will result in the issuance of 8.7 million shares ...

India is experiencing a construction boom, driving demand for cement. Ambuja Cements, the cement unit of the group controlled by Indian billionaire Gautam Adani, approved a merger with two other ...

As UltraTech Cement ... share of 24-25%. The current capacity expansion will only solidify its position as an industry leader.” “ Though UltraTech’s capacity is twice as much as that of ...

Dec 17 (Reuters) - India's Ambuja Cements (ABUJ.NS), opens new tab will merge two of its recently purchased units into the company, it said on Tuesday, in a bid to streamline the structure of the ...

Led by billionaire Gautam Adani, the group entered India's cement industry in 2022 by buying Holcim's local units — ACC and Ambuja. The group has made a string of acquisitions since as it wrestles for ...