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Ambuja Cements
Ambuja Cements seeks CCI nod to acquire majority stake in Orient Cement
In October, billionaire Gautam Adani-led Adani Group said it has signed a binding agreement for the acquisition of Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.
11 November 2024, 12:43 IST
Ambuja Cements seeks CCI nod to acquire majority stake in Orient Cement
11 November 2024, 12:43 IST
Major deals in India's cement sector since Adani Group's entry in 2022
Billionaire Gautam Adani's conglomerate is locked in a fierce battle with UltraTech Cement as the rivals snap up smaller firms in a bid to capitalise on expectations of heavy government spending on infrastructure.
22 October 2024, 09:04 IST
Major deals in India's cement sector since Adani Group's entry in 2022
22 October 2024, 09:04 IST
Adani Group to acquire CK Birla group firm Orient Cement at Rs 8,100 cr valuation
As per that its step down unit 'Ambuja will acquire 46.8 per cent shares of OCL from its current promoters and certain public shareholders', according to a joint statement.
22 October 2024, 05:33 IST
Adani Group to acquire CK Birla group firm Orient Cement at Rs 8,100 cr valuation
22 October 2024, 05:33 IST
Ambuja Cements officer arrested for alleged attempted bribery in Chhattisgarh
A case has been registered against the officer for 'attempting to induce a public servant', the statement added, without specifying what the offered money was in exchange for.
12 September 2024, 04:59 IST
Ambuja Cements officer arrested for alleged attempted bribery in Chhattisgarh
12 September 2024, 04:59 IST
Ambuja Cements, Ravi Sanghi to offload 3.52% stake in Sanghi Industries
The Offer-for-Sale (OFS) will open on Wednesday for non-retail investors and on Thursday for retail investors, Sanghi Industries said in a regulatory filing on Tuesday evening.
26 June 2024, 07:20 IST
Ambuja Cements, Ravi Sanghi to offload 3.52% stake in Sanghi Industries
26 June 2024, 07:20 IST
Adani group firm Ambuja Cements acquires Penna Cement at valuation of Rs 10,422 crore
A binding agreement for the acquisition has been signed, which will add 14 MTPA capacity to Adani group, taking the total tally to 89 MTPA (million tonnes per annum).
13 June 2024, 14:52 IST
Adani group firm Ambuja Cements acquires Penna Cement at valuation of Rs 10,422 crore
13 June 2024, 14:52 IST
Ambuja Cements shares climb nearly 4 %; hit 52-week high on BSE
The rise is a result of billionaire Gautam Adani's family infusing an additional Rs 8,339 crore in the firm to help the cement maker's manufacturing capacity.
18 April 2024, 09:09 IST
Ambuja Cements shares climb nearly 4 %; hit 52-week high on BSE
18 April 2024, 09:09 IST
Adani infuses additional Rs 8,339 crore in Ambuja Cements, raises stake to 70.3%
17 April 2024, 14:14 IST
Adani infuses additional Rs 8,339 crore in Ambuja Cements, raises stake to 70.3%
17 April 2024, 14:14 IST
Adani Group's Ambuja Cements Q3 profit rises two-fold to Rs 1,089.55 cr
The company had clocked a net profit of Rs 487.88 crore in the October-December quarter a year ago, according to a regulatory filing by Ambuja Cements, now a part of the Adani Group.
31 January 2024, 11:17 IST
Adani Group's Ambuja Cements Q3 profit rises two-fold to Rs 1,089.55 cr
31 January 2024, 11:17 IST
Adani Group's Ambuja Cements profit misses estimates on lower volumes
The Adani Group-owned cement maker's profit after tax rose 39 per cent to Rs 514 crore in the three months ended December 31, falling short of average analysts' estimates of Rs 621 crore, as per LSEG data.
31 January 2024, 10:29 IST
Adani Group's Ambuja Cements profit misses estimates on lower volumes
31 January 2024, 10:29 IST
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