Ambuja Cements to acquire 1.5 MTPA grinding plant in Tamil Nadu for ₹414 cr
The acquisition of My Home Group's cement unit in Tuticorin will take Adani Group’s total cement capacity to 78.9 MTPA.
adani cement
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September 2023
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April 2023
Adani Cement completes $3.5 bn debt refinancing taken for ACC-Ambuja buy
Adani Cement, through Endeavour Trade and Investment, has signed agreements with international banks to refinance $3.5 billion debt taken for acquisition of Ambuja Cements and ACC last year
Ambuja Cements forms 3 subsidiaries to carry aircraft, cement biz
Lotis IFSC will focus on aircraft business, while Ambuja Concrete North and Ambuja Concrete West will cater to the cement industry.
Ambuja Cements shares gain on dividend bounty
The Adani group company has declared dividend of ₹2.50 per equity share having a face value of ₹2 each (125%) for the financial year FY23.
ACC shares fall after Q4 profit drops 40%
The Adani group firm posted net profit at ₹235.66 crore in Q4FY23 as against ₹396.33 crore in the same quarter a year ago, dented by higher costs.
