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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- Ambuja to acquire Orient Cement at equity value of Rs 8,100 crore; to make open offer to acquire additional 26% stakeAmbuja Orient Cement: Ambuja Cement is set to acquire Orient Cement Ltd for Rs. 8,100 crore. The deal will be completed through an open off...22 Oct, 2024, 09.53 AM IST
- Adani's Ambuja Cements to buy My Home Group's grinding unit in TN for Rs 413.75 croreAmbuja Cements, part of the Adani Group, is set to acquire My Home Group's Tuticorin cement grinding unit in Tamil Nadu for Rs 413.75 crore...15 Apr, 2024, 02.05 PM IST
- Ambuja Cements completes buyout of Sanghi IndustriesAmbuja Cements bought about 133 million shares of Sanghi Industries worth ₹1,627 crore in a block deal on NSE on Tuesday. The shares were p...06 Dec, 2023, 01.11 AM IST
- Adani Group completes acquisition of Sanghi Industries, revises offer price to Rs 121.90/shareAmbuja Cements, owned by billionaire Gautam Adani, has completed the acquisition of Sanghi Industries at a revised offer price of Rs 121.90...05 Dec, 2023, 02.57 PM IST
- Ambuja Cements acquire Sanghi Industries, stock jumps 7%Following the news the shares of Ambuja Cements jumped 7% to the day's high of Rs 510.40 on the NSE while those of Sanghi Industries hit 5%...05 Dec, 2023, 12.15 PM IST
- The Orient Cement offer: Gautam Adani's play in yet another infrastructure sector in IndiaAdani Group, a major player in India's infrastructure sector, is eyeing further expansion in the cement industry. Adani recently acquired t...18 Oct, 2023, 07.18 PM IST
- Orient promoter CK Birla taps Adani for cement business saleIndustrialist CK Birla has approached Gautam Adani to sell his promoter stake in Orient Cement after rejecting offers from other buyers. Bi...18 Oct, 2023, 08.43 AM IST
- Companies competing with Adani for 'prized assets' faced CBI, ED, IT raids: CongressCongress has accused the BJP government of misusing probe agencies to benefit a select group of businesspeople. Jairam Ramesh, the general ...05 Aug, 2023, 03.19 PM IST
- No merger, Sanghi to stay listed for now: Karan Adani"Sanghi Industries will be a debt-free company after the takeover. Ambuja and ACC combined had a cash balance of roughly Rs 11,800 crore as...04 Aug, 2023, 03.54 PM IST
- Ambuja Cements clinches Sanghi Industries deal on better terms and speedy closureET had reported on July 25 that Adani Group's Ambuja Cements-ACC and JK Lakshmi Cement were leading the race to acquire the Ahmedabad-based...04 Aug, 2023, 01.21 AM IST
- Ambuja Cements acquires majority stake in Sanghi Industries at enterprise value of Rs 5,000 crThe acquisition will be fully funded through internal accruals, said a statement from Ambuja Cements. Besides, it would make an offer to ac...03 Aug, 2023, 11.46 PM IST
- Adani group to expand SIL's Sanghipuram captive port capacity to handle large shipsAdani Ports and Special Economic Zones (APSEZ) CEO Karan Adani announced that the Adani group will expand the captive port capacity of Sang...03 Aug, 2023, 01.33 PM IST
- Adani’s Ambuja-ACC reaches agreement to buy Sanghi CementsSanghi Cement is controlled by the family of Ravi Sanghi who are the promoters of the listed Sanghi Industries. Sanghi Industries’s shares ...03 Aug, 2023, 11.10 AM IST
- Move beyond ACC & Ambuja as these 11 smallcap cement stocks can rally up to 55%While the focus of news stays on ACC and Ambuja, it would be better to look at many other players, some of them in smallcap space. They are...15 Feb, 2023, 01.50 PM IST
- This Gujarat town now 90% digital as PM Narendra Modi has envisionedShops and existing business entities at the town are equipped with PoS machines, major online wallet options and interface apps like UPI an...18 Apr, 2017, 06.22 PM IST
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