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ambuja cements industries


Ambuja Cements completes acquisition of Sanghi Industries

Ambuja Cements Limited (ACL), the cement and building material company of the diversified Adani Group, is pleased to announce the completion of the acquisition …

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Ambuja Cements' acquisition of Penna Cement for ₹10,422 …

Ambuja Cements, an Adani group firm on Thursday, June 13, announced the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of ₹ 10,422 crore. A binding agreement for the ...

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Ambuja Cements to invest Rs 6,000 crore to produce 1,000 …

NEW DELHI: Ambuja Cements, the cement and building material company of the Adani Group, plans to invest Rs. 6,000 crore in renewable power projects, targeting a capacity of 1,000 MW through solar and wind power projects across Gujarat and Rajasthan. The investment will be funded through internal accruals. The lineup includes a 600 MW …

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Ambuja Cement Ltd.

Ambuja Cements Limited is one of the leading players in the Indian cement and building materials industry and an integral part of the Adani Group. With recent acquisitions, and greenfield and brownfield expansions, Adani Group's cement capacity stands at 78.9 MTPA, spread across 43 cement manufacturing facilities, including 18 integrated plants.

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Ambuja Cement Ltd.

Ambuja Cements is a leading cement and building materials company and part of the Adani Group. It offers a range of products and solutions for sustainable and eco-friendly …

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Ambuja Cements Share Price, Ambuja Cements Stock Price, …

Get the latest share price, financials, forecast, ratings, news and more for Ambuja Cements Ltd., a leading cement company in India. See how the stock performed in the past, its …

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Explained: What led to the Sanghi Industries sale and how …

Ambuja Cements, part of Adani Group, will buy a majority stake in Sanghi Industries, a Gujarat-based cement company, for Rs 5,000 crore. The deal will help …

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Adani-led Ambuja Cements completes acquisition of Penna Cement Industries

Ambuja Cements Limited, a subsidiary of Adani Cement, has completed its acquisition of Penna Cement Industries Limited (PCIL) as of 16 August, 2024, the company said in an exchange filing. With this acquisition, Penna Cement has officially become a subsidiary of Ambuja Cements, bolstering its ...

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Ambuja Cements Q3 profit rises two-fold to Rs 1,089.55 cr

New Delhi: Ambuja Cements Ltd on Wednesday reported nearly a two-fold rise in its consolidated net profit to Rs 1,089.55 crore for the third quarter ended December 2023, helped by higher sales and lower fuel and raw material costs. The company had clocked a net profit of Rs 487.88 crore in the October-December quarter a year ago, …

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Six key details of Adani's acquisition of Ambuja, ACC from …

The conglomerate has agreed to acquire 63.19 per cent stake in Ambuja Cements and about 54.53 per cent stake in ACC. The $10.5-billion value for the stake includes open offer consideration as well.

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Ambuja Cements Limited | LinkedIn

Ambuja Cements Limited | 304,753 followers on LinkedIn. Ambuja Cements Ltd. is among the leading cement companies in India. It is a member of the Adani Group - the largest and fastest-growing portfolio of diversified sustainable businesses. Ambuja Cement is known for its hassle-free, home-building solutions.

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Adani Group's Ambuja Cements acquires Penna Cement for …

Adani Group-owned Ambuja Cements has announced the acquisition of Penna Cement Industries Ltd (PCIL) for Rs 10,422 crore. The deal was signed on Thursday and includes the purchase of shares of PCIL from its current owners, P Pratap Reddy and family, as per a company filing to the exchanges.

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Ambuja Cements unveils Rs 6,000 crore green power move

The Adani Group-owned Ambuja Cements is set to invest Rs 6,000 crore in renewable power projects, an exchange filing by the company said on December 18. ET Guide to ITR. ... in early December, took a majority stake in Sanghi Industries for Rs 5,185 crore. (You can now subscribe to our Economic Times WhatsApp channel) Read More …

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Ambuja Cements posts net profit of Rs 1,525.78 crore in Q4 …

Ambuja Cements' net consolidated total income stood at Rs 9,127.45 crore in Q4 FY24, a growth of 10.63 per cent from Rs 8,250.45 crore it recorded in the similar quarter last year. ... has completed acquisition of 14,08,21,941 equity shares representing 54.51% of the equity share capital of Sanghi Industries for a cash consideration of Rs …

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Ambuja Cements buys Sanghi Industries for ₹5,767 crore

Ambuja Cements, an Adani Group company, has made a ₹767 crore open offer to buyout 26 per cent stake from shareholders of Sanghi Industries following the acquisition of 56.74 per cent stake from ...

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Ambuja Cements acquires Sanghi Industries at an …

• Sanghi Industries Ltd (SIL) has clinker capacity of 6.6 MTPA (million tonnes per annum), cement capacity of 6.1 MTPA and limestone reserves of 1 billion ... Ambuja Cements Ltd (ACL), a part of the Adani Group, is among India's leading cement companies. ACL, with its subsidiary ACC Ltd, has a capacity of 67.5 MTPA with 14 integrated

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Annual Reports | Ambuja Cement

We would like all job aspirants to be aware that AMBUJA CEMENTS LTD. never requires applicants to pay any amount at any stage of its recruitment and selection process. If any job aspirant comes across any such …

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Ambuja Cements to acquire Penna Cement for Rs 10,422 crore

Adani Group owned Ambuja Cements on Thursday said it has signed a binding agreement for the acquisition of Hyderabad-based Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs 10,422 crore. Ambuja Cements will acquire 100 per cent shares of PCIL from its existing promoter group P Pratap Reddy and family.

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AMBUJA CEMENTS LIMITED Company Profile

Ambuja operates three cement terminals and, with a fleet of about 10 ships, is India's largest cement exporter. Lafarlcim owns just over 50% of Ambuja Cements, which …

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Ambuja Cements to acquire 1.5 MTPA cement grinding unit …

New Delhi: Ambuja Cements, under the diversified Adani Portfolio, has signed an agreement to purchase a 1.5 MTPA cement grinding unit from My Home Group in Tuticorin, Tamil Nadu, for a total value of ₹413.75 crore funded through internal accruals. The company, with this acquisition, is set to expand its total cement capacity to 78.9 …

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Ambuja Cements completes buyout of Sanghi Industries

Mumbai: Adani Group-owned Ambuja Cements has completed the acquisition of Sanghi Industries for an enterprise value of ₹5,185 crore, boosting the port-to-data centre conglomerate's total cement production capacity to nearly 75 million tonnes per annum (MTPA). Ambuja Cements bought about 133 million shares of Sanghi …

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Ambuja Cements acquires Sanghi Industries at an …

• SIL's Sanghipuram unit is India's largest single-location cement and clinker unit by capacity, with a captive jetty and captive power plant. • With this acquisition, …

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Ambuja Cement bags 24 limestone mines in FY24

NEW DELHI: Adani group firm Ambuja Cements, which is aggressively pushing for expansion, has won 24 bids for new limestone mines estimated to have a total resource of 587 million tonnes of limestone, according to the company's annual report. This is in addition to 1 billion tonnes of reserve of Sanghi Industries, a Saurashtra-based …

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Gautam Adani's Ambuja Cements buys Sanghi Industries in …

Adani's Ambuja Cements, which his group bought last year from Switzerland-headquartered Holcim for $10.5bn, is acquiring 57 per cent of the shares in Gujarat …

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Ambuja Cements Stock Price Updates: Brokerages bullish on Ambuja …

Adani Group's Ambuja Cements to acquire Penna Cements, Ambuja Cements Share/Stock Price Updates: Shares of Ambuja Cements hit a new high in Friday's trading session following the acquisition ...

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Ambuja Cement at a glance

Ambuja Cement is a leading cement and building material company with a diversified portfolio of sustainable businesses. It offers unique products, innovative solutions, and environment-friendly practices for home …

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Ambuja completes acquisition of Sanghi Industries

Ahmedabad: Adani Group-owned Ambuja Cements on Tuesday announced that it has completed the acquisition of Sanghi Industries Limited at an enterprise value of Rs 5,185 crore. The acquisition is ...

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Ambuja Cements

Ambuja Cements June 14, 2024 Page 5 of 16 Rajesh Ravi: Okay. So, this is not an incremental, is what I was understanding, because... Ajay Kapur: No. Total 10,400, to clarify for everybody's benefit, 10,442 is for entire 14 million tons cement capacity. Vinod Bahety: For Rajasthan, as well as Krishnapatnam, so all the under-completion projects will be …

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India's Ambuja Cements to invest $723 mln for green power …

BENGALURU, Dec 18 (Reuters) - Indian construction materials maker Ambuja Cements, opens new tab will invest 60 billion rupees (nearly $723 million) in renewable power projects, the company said ...

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sanghi industries promoter stake sale: Promoters Ambuja Cements…

Sanghi Industries' promoters Ambuja Cements and Ravi Sanghi will sell stakes in the company via offer for sale (OFS), the cement manufacturer said on Tuesday in an exchange filing. The promoters proposed to sell 90,92,000 shares representing 3.52% of the total issued and paid-up equity share capital. The two-day OFS will open on June 26.

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