Ambuja and ACC
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Stories
Ultratech’s Purchase In India Cements After Adani’s Penna Acquisition: The Race To Capture Southern Cement Throne and Dominate the Indian Cement Industry!
UltraTech Cement Ltd, owned by the Aditya Birla group, has acquired a 23% interest in India Cements Ltd (ICL), sparking…
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Trends
Adani’s Acquisition of Penna Cements: Strategically Cutting Costs and Fortifying the Southern Empire Foundation.
Recently, the Ambuja unit of Adani Cement acquired Penna Cement Industries at a value of INR 10,422 crore, adding to…
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Stories
Adani Family Infuses Funds To Ambuja Cement Via Warrants Program; What Are These Lesser-Known Financial Tool “Warrants” And Why Proxy Advisors Raised Concerns Over This Purchase?
Last week, the Adani family fully subscribed to the Ambuja Cement’s warrants program after infusing an INR of 8,339 crores…
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Trends
Adani-Owned ACC Limited’s Q4 Net Profit Falls 40%, Revenue Up 8.2%
ACC Ltd, which is owned by the Adani group, reported a fourth-quarter net profit that fell short of analysts’ expectations…
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Stories
Ambuja, ACC to be acquired by Adani Group for $3.8 billion
Ambuja, ACC to be acquired by Adani Group for $3.8 billion After Holcim Ltd. sold its majority stake to Adani…
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