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PENNA CEMENT SHARES
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...- 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...
- 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...
- CCI approves Ambuja Cements' acquisition of Orient CementIndia's antitrust watchdog has approved Ambuja Cements' acquisition of India Cements. This move, announced in October, aims to bolster Ambu...
- 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...
- 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...
- 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...
- 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...
- GQG buys 17.1 million shares of Ambuja Cements via block dealAdani Group's Holderind Investments sold approximately 68 million shares. Following the transaction, Ambuja's stock initially jumped 4%. Th...
- Adanis sell Rs 4,200 crore worth stake in Ambuja Cements, stock up 4%The Adani Group, led by billionaire Gautam Adani, sold 2.8% of its stake in Ambuja Cements for Rs 4,200 crore, prompting a 4% rise in the s...
- Ambuja Cements shares surge over 3% post Nomura’s double upgradeAmbuja Cements Share Price: Ambuja Cements surged 3.5% to Rs 688 after Nomura upgraded to 'buy' with a Rs 780 target.
- Penna buy to help Ambuja Cem widen reach, boost marginsAfter acquiring Penna Cement Industries, Ambuja Cements stock fell by 1% to close at ₹657. The acquisition strengthens Ambuja's presence in...
- Adani's ₹10,000 crore cement bet set to pay-off in battle with UltraTech, with gains across India, Sri LankaThe Penna Cements acquisition, announced on Thursday, will set the Adani Group back by ₹10,422 crore. The cement maker said that the transa...
- 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...
- 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...
- Adani Group’s concrete plan: $3 billion buyouts in cement spaceIt is keeping aside a war chest of $3 billion for these acquisitions, these people said. The group is aggressively pursuing an inorganic st...
- Adani Group's concrete plan: $3 bn buyouts in cement spaceDalmia Bharat's deal with Jaiprakash Associates, Adani's acquisition of Sanghi Cement, and potential acquisitions of Ambuja Cement or ACC a...
- Missed out on IPO rush? Many more coming soonSebi has given its nod to the initial public offerings (IPO) of six companies, including Adani Wilmar and Nykaa. Star Health and Allied Ins...
- Penna Cement files draft papers with Sebi for Rs 1,550 crore IPOThe company will issue fresh equity shares worth Rs 1,300 crore, while its promoters will raise Rs 250 crore through an offer for sale.
- CBI summons BCCI chief N Srinivasan in Jaganmohan's caseCBI summoned BCCI chairman N Srinivasan in his capacity as managing director of India Cements Ltd, asking him to appear before the agency.
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