Ambuja Cements
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Adani Group to merge Sanghi Industries, Penna Cement with Ambuja Cements to consolidate operations
Business | Dec 18, 2024, 12:22 PM ISTAdani Group entered into the Cement sector in September 2022, after acquiring controlling stakes in Ambuja Cement from Swiss firm Holcim for cash proceeds of USD 6.4 billion (about Rs 51,000 crore). Ambuja Cements owns a 51 per cent stake in ACC Ltd.
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Adani Group features in TIME's world's best companies 2024 list
Business | Sep 13, 2024, 11:00 PM ISTThe Adani Group has been featured in TIME's "World's Best Companies of 2024" list, which recognises firms excelling in employee satisfaction, revenue growth, and sustainability. Eight of Adani’s companies, including Adani Enterprises, Adani Ports, and Adani Green Energy, were evaluated.
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Adani infuses additional Rs 8,339 crore in Ambuja Cements, raises stake to 70.3 per cent
Business | Apr 17, 2024, 11:47 PM ISTAdani Family infused additional Rs 8,339 crore, taking total infusion to Rs 20,000 crore under the warrants program.
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Ambuja Cement acquires majority stake of Sanghi Industries at enterprise value of Rs 5,000 cr
Business | Aug 03, 2023, 04:39 PM ISTAmbuja Cement will buy 56.74 per cent stake in Sanghi Industries Ltd (SIL) from its existing promoter group - Ravi Sanghi & family.
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Adani Group pledges stake worth USD 13 bn in Ambuja Cements and ACC
Business | Sep 21, 2022, 11:20 AM ISTAdani has acquired the two firms through a Mauritius-based SPV Endeavour Trade and Investment Ltd (ETIL), which is owned by Xcent Trade and Investment Ltd (XTIL).
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Adani becomes India’s second largest cement player
Business | Sep 16, 2022, 06:50 PM ISTThe transaction involved the acquisition of Holcim’s stake in Ambuja and ACC along with an open offer in both entities as per SEBI Regulations.
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Ambuja Kawach for all your building needs
Aug 31, 2020, 12:37 PM ISTEngineered with cutting edge technology – Ambuja Kawach is a specially formulated cement with high-quality water-repellent properties and is a one-of-its-kind product.
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Ambuja Cements posts 28 per cent drop in net profit to Rs 592 crore in Apr-Jun
Business | Jul 25, 2020, 07:16 PM ISTAmbuja Cements' consolidated net profit declined by 28.76 per cent to Rs 592.51 crore for the quarter ended on June 30 on account of COVID-19 related disruptions.
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Ambuja Cement Q3 profit up 77% to Rs 478-cr; Board recommends final dividend of Rs 2 per share
Business | Feb 21, 2018, 09:23 AM ISTCompany’s total expense in December quarter was up 4.36 per cent at Rs 5,541.24 crore as against Rs 5,309.59 crore in the year-ago quarter.
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ACC mulls potential merger with Ambuja Cements
May 05, 2017, 07:13 PM ISTIf successful, the move would create the second largest cement company in the country after UltraTech
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Watch Video: When The Great Khali's strength became his own enemy
Mouthful | Oct 12, 2015, 06:37 PM ISTNew Delhi: WWE wrestler The Great Khali just starred in a hilarious video of Ambuja Cement. With every brand trying to lure their customers with quirky television commercials, Ambuja cement took it to a whole
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Nestle pays Ambuja Cements Rs 20 crore to destroy Maggi packets
Jul 07, 2015, 01:15 PM ISTNew Delhi: Nestle India has paid Rs 20 crore to Ambuja Cements for destroying Maggi instant noodles, which were found to be harmful for human consumption by the food regulators in the country.Ambuja Cements, formerly
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10 FDI proposals worth Rs 2,858 crore get FIPB nod
Mar 25, 2015, 05:50 PM ISTThe Foreign Investment Promotion Board has cleared 10 FDI proposals worth Rs 2,858 crore, and referred the Holcim-Ambuja deal to the CCEA."The Government has approved 10 proposals of Foreign Direct Investment (FDI) amounting to Rs
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Ambuja Cements shares plunge 15% as Holcim rejigs India structure
Jul 25, 2013, 06:01 PM ISTNew Delhi, July 25: Ambuja Cements shares on Thursday plummeted by as much as 15 per cent, after Swiss cement-maker Holcim said it will increase stake in the company as part of restructuring its Indian