Ambuja Cements

Adani Group Acquires Orient Cement At INR 8,100 Crore Equity Value

Ambuja Cements, the cement and building material company of Adani Cement and part of the diversified Adani Group, today announced the signing of a binding agreement for the acquisition of Orient Cement Ltd (OCL) at an equity value of Rs. 8,100 crore. Ambuja will acquire 46.8% shares of OCL from...

Ambuja Cements Announces Rs. 1600 Cr Investment To Set Up 6 MTPA Cement Grinding Unit In Bihar

Ambuja Cements Limited, part of the diversified Adani Portfolio, announces its first venture in Bihar, marking the largest investment in the state by a cement industry player. The Warisaliganj Cement Grinding Unit, a standalone facility with an overall capacity of 6 MTPA, will be established at an investment of nearly...

Ambuja Cements, ACC to restart 2 plants in Himachal Pradesh

Ambuja Cement and ACC, both Adani group firms, have reached an amicable solution to the logistics crisis in Himachal Pradesh and will resume operations on Tuesday. After failing to find a solution to soaring transport cost, the companies ceased operations in Himachal Pradesh in December. "All the stakeholders have come...