Ambuja Cements To Buy Penna Cement Industries For 10,422 Crore
Ambuja Cements is a big name in India's cement world and part of the Adani Group. With its partners, ACC Ltd. and Sanghi Industries Ltd., it has almost 79 MTPA capacity across India.
Adani Family Completes Ambuja Warrant Subscription Infuses INR 20,000 Cr to increase stake to 70.3%
This strategic move underscores the unwavering commitment to have a robust capital management philosophy for the portfolio companies and the latest investment testifies to the commitment by the Adani family to boost the prospects and potential of the cement vertical.
