Adani Cement: Adani Cement Expands with Rs 8,100 Crore Acquisition of Orient Cement | Ahmedabad News
Adani Cement’s subsidiary, Ambuja Cements, has signed a deal to acquire a 46.8% stake in Orient Cement Limited for Rs 8,100 crore. This move will boost Ambuja’s operational capacity to over 100 million tonnes per annum by FY25. The acquisition will be funded through internal accruals. Orient Cement currently has an operational cement capacity of…
