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for an equity value of Rs 8,100 crore. The deal, set to trigger an open offer, will push the Adani group’s cement capacity to 97.4 million tonnes per annum (mtpa) but still behind India’s largest ...
8,100 crore. This move is part of Ambuja’s ongoing expansion strategy and will add 16.6 million tonnes to its annual production capacity. The acquisition will be fully funded through internal ...
The acquisition is valued at Rs 8,100 crore, with Orient Cement shares priced at Rs 395.4 each. This move is seen as a strategic step for Ambuja Cement to expand its capacity and market share across ...
According to Adani, the acquisition, valued at an equity worth of Rs 8,100 crore, marks a step towards Ambuja's goal of achieving 140 MTPA cement capacity by 2028. The deal will be fully funded ...
valuing the company at an equity value of ₹8100 crore (USD 964 million) at an equity value of INR 395.4 per share. Orient Cement share price was down 1.32% on the BSE CK Birla, Chairman of ...
Consolidating its position in the cement sector, Adani group’s Ambuja Cements on Tuesday announced the signing of a binding agreement for the acquisition of Orient Cement Ltd (OCL) at an equity value ...
NEW DELHI: Ambuja Cements, the cement and building material company of Adani Cement, has signed a binding agreement for the acquisition of Orient Cement (OCL) at an equity value of Rs 8,100 crore. The ...
Ambuja Orient Cement: Ambuja Cement is set to acquire Orient Cement Ltd for Rs. 8,100 crore. The deal will be completed through an open offer to acquire an additional 26% stake. This move will ...