Ambuja Cements shares hit all-time high on fund infusion by Adani Family
Billionaire Gautam Adani and his family has infused another ₹8,339 crore in Ambuja Cements, raising their stake in the company by 3.6% to 70.3%.
adani family
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Adani Family completes infusion of ₹20,000 cr in Ambuja Cements; raises stake to 70.3%
Adani Family infused an additional ₹8,339 crore in Ambuja Cements, taking the total infusion to ₹20,000 crore under the warrants program.
Adani family pumps ₹6,661 cr into Ambuja Cements
Adani family raises stake in Ambuja Cements by 3.6% to 66.7%
Gautam Adani, family plan to invest $1 bn in Adani Green; stock gains
Earlier this month, Adani Green Energy secured a $1.36 billion loan from an international bank consortium to boost its construction financing framework.
Ambuja Cements raises ₹500 crore via warrants to Adani family; share gains 2%
Ambuja Cements has allotted 47.74 crore warrants of the face value of ₹2 each at a price band of ₹418.87 to the Adani family firm Harmonia Trade and Investment
Ambuja Cement stock surges on shareholder nod to raise ₹20,000 cr
Company EGM passes resolution to raise ₹20,000 cr by issuing securities on a preferential basis to Adani group’s Harmonia Trade. Gautam Adani, his son Karan Adani also appointed to the Ambuja board.
Adani Group launches ₹31,000 cr open offer to acquire ACC, Ambuja Cements
Adani Group has made the open offer at a price of ₹385 per share for Ambuja Cements and ₹2,300 per share for ACC; the offer closes on September 9
Adani Group could spiral into a massive debt trap: CreditSights
The Adani group is deeply overleveraged, warns CreditSights.
Adani group stocks rise up to 4% after Gautam Adani pledges to donate ₹60,000 cr
Billionaire Gautam Adani, and his family have committed a donation of ₹60,000 crore to a range of social causes to mark the business tycoon's 60th birthday on June 24
Adani to launch open offer for Ambuja, ACC from July 6
The open offer for Ambuja Cements and ACC will close on July 19.
