The India Cements shares jumped 11 per cent in Monday's (December 23, 2024) trade, logging an intraday high at Rs 376.3 per share on BSE. The buying in the stock came after the Competition Commission ...

A strategic move The acquisition was first announced in July 2024 when UltraTech revealed its intention to purchase a 32.72 per cent stake in India Cements for ₹3,954 crore. This followed its ...

BENGALURU, Dec 20 (Reuters) - India's antitrust watchdog on Friday approved, opens new tab UltraTech Cement's (ULTC.NS), opens new tab acquisition of India Cements (ICMN.NS), opens new tab.

Research firm Investec said in a note that it is confident in Ambuja Cement’s management, which has reaffirmed its growth targets, cost-saving goals, and ongoing efforts to complete the merger with ...

Sanghi Industries share price: Cement manufacturer Sanghi Industries’ shares bled on Wednesday, December 18, 2024, as the scrip plummeted 12.35 per cent to hit a fresh 52-week low of Rs 67.42 per ...

The merger of billionaire Gautam Adani's cement arm with its two units is a key positive and will simplify group structure, said Investec, as it sees an upside potential of 65% for the stock. Ambuja ...

NEW DELHI: Ambuja Cements, the cement and building material company of the Adani Group, has proposed separate schemes of arrangement of its subsidiaries Sanghi Industries (SIL) and Penna Cement ...

On Tuesday (December 17), Adani Group firm Ambuja Cements Ltd announced the merger of its subsidiaries, Sanghi Industries Ltd (SIL) and Penna Cement Industries Ltd (PCIL), with the parent company.

India is experiencing a construction boom, driving demand for cement. Ambuja Cements, the cement unit of the group controlled by Indian billionaire Gautam Adani, approved a merger with two other ...

Ambuja Cements board on December 17 approved merger of Sanghi Industries and Penna Cement Industries with itself. "The Schemes are subject to necessary statutory and regulatory approvals under the ...

Key Laboratory of Advanced Civil Engineering Materials of Ministry of Education, School of Materials Science and Engineering, Tongji University, Shanghai, China With the increasing demand for durable ...

Ambuja Cements merger: The Adani Group-owned Ambuja Cements will merge the acquired companies Saurashtra-based Sanghi Industries and Andhra Pradesh-based Penna Cement Industries with itself.