Ambuja Cements Ltd commences commercial production at Marwar Greenfield project

#AmbujaCements #CommercialProduction #Marwar #GreenfieldProject

Will Adani’s acquisition of #AmbujaCements lead to a cement price war?

#AmbujaCements board to consider #raising funds on September 16

#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

Will increase cement capacity to 10 mt by March 2024 with capex of ₹500 cr. Total capex for expansion from 10 mt to 15 mt will be ₹3,000 cr. As per our understanding the deal will get CCI clearance, says Karan Adani of Ambuja Cements To CNBC-TV18

#AmbujaCements… https://t.co/UZO6NlgVku https://t.co/UOnJN6DFxG

#AmbujaCements Concall Takeaways | 📢

📢Acquisition takes us to 93 MTPA

📢South India market share has improved to 15% from 8%

📢Acquisition effectively adds 17 MTPA capacity

📢First tranche of ₹3,000 cr will be released via milestone

#AmbujaCements to acquire #OrientCement

Ambuja Cement to

-Acquire 37.9% From Promoters At ₹395.40/Sh

-Launch Open Offer To Acquire 26% Of Orient Cement

Acquisition Of Orient Cement Will Be Done In Cash, Deal To Be Completed In 3-4 Months