#JustIn | #AmbujaCements announces acquisition of #SanghiIndustries https://t.co/Xb4odA7jBY

#AmbujaCements enters inter-corporate deposit agreement with #SanghiIndustries to provide unsecured intercorporate deposit up to ₹300 cr to the company https://t.co/pzT9lEIMjZ

#AmbujaCements to acquire #SanghiIndustries at an EV of ₹5,000 cr, makes open offer for 26% in Sanghi Ind at ₹114.22/sh https://t.co/I8ZbvV5QvR

'With Sanghi Ind’s acquisition, will achieve 140 mtpa of cement manufacturing capacity by 2028,' says #GautamAdani

#AmbujaCements #SanghiIndustries https://t.co/F6pTKU3wnL

Within 24 months will look at #SanghiIndustries delivering EBITDA/t of ₹1,000. Expansion from 100 mt to 140 mt will be mostly organic, adds Karan Adani of Ambuja Cements To CNBC-TV18 https://t.co/kEYSuPJ5Ne