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...
18 Mar, 2025, 04.15 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
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
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...
23 Aug, 2024, 07.17 PM IST
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...
23 Aug, 2024, 09.37 AM IST
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.
11 Jul, 2024, 02.14 PM IST
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...
24 Jun, 2024, 07.46 AM IST
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...
14 Jun, 2024, 01.13 PM 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
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...
13 Jun, 2024, 08.45 AM IST
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...
13 Jun, 2024, 07.11 AM IST
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...
19 Oct, 2021, 06.09 AM IST
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.
15 May, 2021, 04.50 PM IST
- CBI summons BCCI chief N Srinivasan in Jaganmohan's case
CBI summoned BCCI chairman N Srinivasan in his capacity as managing director of India Cements Ltd, asking him to appear before the agency.
08 Jun, 2012, 05.45 AM IST