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Friday, November 22, 2024

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Orient Cement

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

22 Oct 2024

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...