Sanghi Industries' shares plummeted over 12% to ₹67.42, following Ambuja Cements' merger announcement. Ambuja, holding a ...
The Adani Group company announced the acquisition of Sanghi Industries last year, a deal that it completed in December 2023 ...
The merger of Sanghi Industries and Penna Cement Industries into Ambuja aims to streamline operations and solidify its market ...
Under the deal, Ambuja Cements will issue 12 equity shares of the face value of Rs 2 each for every 100 equity shares of ...
The board of Ambuja Cement, in a meeting held on Tuesday, approved the scheme of arrangement with Sanghi Industries and Penna ...
Adani Group will merge its recently acquired Sanghi Industries and Penna Cement with Ambuja Cements to consolidate cement ...
Sanghi Industries shares fell sharply after Adani Group announced plans to merge the company and Penna Cement with Ambuja ...
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 ...
Investec expressed confidence in Ambuja Cements’ management and its ability to meet growth and cost-saving targets.
Ambuja Cements is merging its subsidiaries, Sanghi Industries and Penna Cement, to boost operational efficiency. Sanghi ...
Ambuja Cements said it had completed the acquisition of Sanghi Industries Limited at an enterprise value of Rs 5,185 crore.
The Adani group firm, which also owns ACC Ltd, says the amalgamation is subject to requisite approvals and expects the ...