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AMBUJA CEMENTS MERGER
ACC Q1 results: Profit falls 61% YoY to Rs 147 crore as revenue, volumes declineACC reported a 61% YoY decline in June-quarter profit to Rs 147 crore as lower cement volumes, weaker operating margins and planned mainten...
Adage Automation secures Rs 230 crore in funding led by PE firm InCred AlternativeFounded in 2001, Adage Automation develops gas analyser systems, continuous emission monitoring systems (CEMS) and ambient air quality moni...
India's growth story, not AI trade reversal, will drive foreign flows: Sameer DalalIndia's economic strength, not AI's decline, will drive foreign capital inflows, according to Sameer Dalal. He believes AI's market correct...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...
NCLT approves merger of Adani-led Ambuja Cements and Sanghi IndustriesAmbuja Sanghi merger: The National Company Law Tribunal has approved the merger of Sanghi Industries with Ambuja Cements. This significant ...
Adani's cement biz merger may benefit Ambuja shareholders: AnalystsAnalysts view the Adani Group's proposed cement business merger favorably for Ambuja Cements shareholders, simplifying the group structure ...
Ambuja Cements approves merger with ACC, Orient Cement; Brokerages decode impact. What’s in for investors?Shares of Ambuja Cements and ACC rose after Ambuja’s board approved the merger of ACC and Orient Cement into Ambuja to form a unified “One ...
Ambuja Cements, Orient Cement shares zoom up to 10% following board approval for merger with Orient CementAmbuja Cement share price witnessed a surge on Tuesday after the company embarked on a merger with ACC Ltd and Orient Cement Ltd, a move de...
Explained: What merger of Ambuja Cements, ACC, Orient Cement means for Adani shareholdersAmbuja Cements’ board approved merger schemes to combine ACC and Orient Cement into Ambuja through share swaps, with no cash payout. ACC sh...
Adani's Ambuja Cements approves merger of ACC and Orient Cement; to create pan-India cement giantAmbuja Cements, part of the Adani Group, has approved merging ACC Ltd and Orient Cement Ltd into a single entity. This consolidation aims t...
NCLT approves merger of Adani Cementation with Ambuja CementsThe NCLT has approved the merger of Adani Cementation with Ambuja Cements, consolidating Adani Group's cement business. Effective from Apri...
Ambuja Cement merger with Sanghi Industries, Penna Cement will pave way for industry leadershipAmbuja Cement is merging with Sanghi Industries Limited (SIL) and Penna Cement Industries to enhance governance, efficiency, and competitiv...
Ambuja Cements board approves merger of Adani Cementation with companyACL has acquired land to set up 2.5 MTPA (million tonnes per annum) along with captive jetty at Amba River, Raigad (Maharashtra). Besides, ...
Ambuja Cements, ACC tank up to 4% as merger deal falls apartThe transfer of mines between the two was proving to be uneconomical, said market watchers.
Many gains from a ACC-Ambuja merger to lift valuationIt makes logical sense to operationally merge ACC into Ambuja Cements, given the structural benefits of the equity holding: Ambuja is alrea...
Ambuja Cements tanks 14% post ACC-Holcim deal; lowest since April 10The proposed deal would imply transfer of nearly all the cash from the books of Ambuja Cements to Holcim & higher stake in combined entity.
Holcim-Ambuja Cements deal not winsome for investorsProposed restructuring by Holcim, featuring a hike in its stake in Ambuja Cements, does not bode well for shareholders of Ambuja.
- Guj Ambuja, ACC plan Rs 3k-cr spread
Swiss cement maker Holcim’s Indian entities Gujarat Ambuja Cements and ACC have announced major expansion plans which will see the two comp...
- Gujarat Ambuja plans to set up new plant
Gujarat Ambuja Cements on Friday said it is setting up a new cement plant in Himachal Pradesh with an investment of Rs 1,519 crore as the c...