Sanghi Industries' shares plummeted over 12% to ₹67.42, following Ambuja Cements' merger announcement. Ambuja, holding a ...

The merger of Sanghi Industries and Penna Cement Industries into Ambuja aims to streamline operations and solidify its market ...

The Adani Group company announced the acquisition of Sanghi Industries last year, a deal that it completed in December 2023 ...

Sanghi Industries shares fell sharply after Adani Group announced plans to merge the company and Penna Cement with Ambuja ...

Ambuja Cements will issue 12 equity shares of the face value of Rs 2 each for every 100 equity shares of Sanghi Industries of ...

Under the deal, Ambuja Cements will issue 12 equity shares of the face value of Rs 2 each for every 100 equity shares of ...

Adani Group entered into the Cement sector in September 2022, after acquiring controlling stakes in Ambuja Cement from Swiss ...

Investec expressed confidence in Ambuja Cements’ management and its ability to meet growth and cost-saving targets.

Adani Group will merge its recently acquired Sanghi Industries and Penna Cement with Ambuja Cements to consolidate cement operations in one unit, the conglomerate said Tuesday.

As part of the latest deal, Ambuja Cements will issue 12 equity shares of the face value of Rs 2 each for every 100 shares of ...

Ambuja Cements said it had completed the acquisition of Sanghi Industries Limited at an enterprise value of Rs 5,185 crore.