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PENNA CEMENT INDUSTRIES
Ambuja Cements Q4 Results: Cons profit surges 78% YoY to Rs 1,830 crore; revenue rises 10%Ambuja Cements Q4 results: Ambuja Cements reported a strong Q4FY26 performance with net profit rising 78% YoY to Rs 1,830 crore and revenue...04 May, 2026, 02.45 PM IST- Ambuja Cements appoints Vinod Bahety as CEO for three years; says Ajay Kapur to continue as MDAmbuja Cements announced the appointment of Vinod Bahety as CEO starting April 1, 2024, alongside his roles as Additional Director and Whol...28 Mar, 2025, 02.43 PM IST
- 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...18 Dec, 2024, 11.31 AM IST
- Sanghi Industries shares tumble 12% on merger with Ambuja CementsSanghi Industries shares dropped 12.4% after Ambuja Cements announced a merger scheme offering 12 shares for every 100 Sanghi shares. The m...18 Dec, 2024, 10.35 AM IST
- Ambuja Cements shares jump over 1% as Adani Group merges Sanghi Industries, Penna CementAmbuja Cements' shares rose after announcing the merger of Sanghi Industries and Penna Cement. Sanghi shareholders will receive 12 Ambuja s...18 Dec, 2024, 10.13 AM IST
- Adani Cement to merge Sanghi & Penna units with Ambuja CementsAdani Cement is merging Sanghi Industries and Penna Cement with its flagship company, Ambuja Cements. Sanghi shareholders will receive 12 A...17 Dec, 2024, 11.24 PM IST
- Adani Group announces merger of Sanghi Industries & Penna Cement with Ambuja CementsAdani Group-owned Ambuja Cements on Tuesday announced the merger of Sanghi Industries and Penna Cement Industries with itself. Under the sc...17 Dec, 2024, 06.14 PM IST
- Major deals in India's cement sector since Adani Group's entry in 2022: A timelineAmbuja Cements will acquire a 47% stake in Orient Cement for $451 million, as India's cement sector sees significant deal-making activity. ...22 Oct, 2024, 03.14 PM IST
- 'No frenzy in cement industry, structured expansion taking place'Adani Cement, led by CEO Ajay Kapur, is expanding in a structured manner, targeting acquisitions below $80 per tonne. The integration of re...01 Aug, 2024, 12.05 AM IST
- Ambuja Cements may repay Penna's debtPrivate credit funds, including Edelweiss Alternative Asset, expect Ambuja Cements to repay Penna Cement's high-cost debt ahead of schedule...17 Jun, 2024, 12.26 AM IST
- Penna buy to cut logistics costs for Adani Cements: CFO Vinod BahetyAdani Cements uses the sea route for some transportation at Sanghi Industries and Ambuja Cements. "The plan for sea logistics will mature n...15 Jun, 2024, 06.34 AM IST
- Ambuja cements deal to acquire Hyderabad-based PennaOf the enterprise value, Ambuja Cement will hold back around ₹3,500 crore as milestone payments for completion of 2 million tonne (MT) ceme...14 Jun, 2024, 12.45 AM IST
- Ambuja Cement acquire 100% stake in Penna Cement for Rs 10,422 croreAmbuja Cement, a company owned by Adani group, has signed a definitive agreement to acquire Hyderabad-based Penna Cement at an enterprise v...13 Jun, 2024, 07.30 PM IST
- Penna Cement Industries gets Sebi nod for Rs 1,550-cr IPOIPO comprises fresh issue of up to Rs 1,300 crore and an offer for sale of up to Rs 250 crore04 Jun, 2019, 03.48 PM IST
- Leases granted to Penna Cement for limestone mining cancelledAndhra Pradesh government issued an order cancelling the leases granted to Penna Cement Industries for limestone mining in an extent of 106...07 Nov, 2013, 03.14 PM IST
- Andhra Pradesh government scraps Penna Cement's limestone mining leasesThe Andhra Pradesh government today cancelled the limestone mining leases granted to Penna Cement Industries, saying the company had failed...06 Nov, 2013, 10.44 PM IST
- Cemex eyes Penna acquisitionWorld’s 3rd largest cement maker plans India entry by buying AP-based co.28 Apr, 2010, 12.19 PM IST
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