ACC Limited, a part of Adani Cement and one of India’s leading producers of cement and readymix concrete, announced it has appointed Ajay Kapur as Chief Executive Officer and Non-Executive Director on the company’s Board, with effect from December 3, 2022. He succeeds Sridhar Balakrishnan, who has resigned from the position of Whole-Time Director and…
The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd’s entire stake in two of India’s leading cement companies – Ambuja Cements Ltd and ACC Ltd. Holcim, through its subsidiaries, holds 63.19% in Ambuja Cements and 54.53% in ACC (of which…