To achieve this target, Ambuja Cement acquired Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore in October last year. The company announced the acquisition of 46.8 per cent shares of OCL ...
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Sentiment was further dampened by sustained foreign capital outflows and weak trends in global markets. Due to recent corporate developments and market updates, stocks such as Ambuja Cements, Exide ...
Research firm Investec said in a note that it is confident in Ambuja Cement’s management, which has reaffirmed its growth targets, cost-saving goals, and ongoing efforts to complete the merger with ...
Ambuja Cements has announced a significant move to merge Sanghi Industries Limited (SIL) and Penna Cement Industries into its operations. This strategic consolidation is designed to streamline ...
New Delhi: Shares of Sanghi Industries on Wednesday tumbled nearly 13 per cent following news that the Adani Group will merge the firm and Penna Cement with Ambuja Cements to consolidate cement ...
Adani Group on Tuesday announced that it will merge its recently acquired Sanghi Industries and Penna Cement with Ambuja Cements to consolidate cement operations in one unit. Ambuja Cements issued ...
For shareholders of Sanghi Industries, this merger presents a transformative opportunity, transitioning their investment from a small-cap, less liquid company to shares in Ambuja Cement, a recognized ...
Ambuja Cement has announced a transformative move to merge Sanghi Industries Limited (SIL) and Penna Cement Industries into its operations. ET Year-end Special Reads Stocks to buy in 2025: 66 ideas ...
Ambuja Cement has announced a transformative move to merge Sanghi Industries Limited (SIL) and Penna Cement Industries into its operations. This strategic consolidation aims to create a unified ...
Ahmedabad (Gujarat) [India], December 18 (ANI): Ambuja Cement has announced a transformative move to merge Sanghi Industries Limited (SIL) and Penna Cement Industries into its operations. This ...