ACC Limited, subsidiary of Ambuja Cements Limited and a leading entity in the cement and building materials sector currently holds 45% stake in Asian Concretes and Cements Private Limited (ACCPL). Today it announced the successful acquisition of the remaining 55% stake in ACCPL from its existing promoter at an Enterprise Value of Rs. 775 Cr…
Ambuja Cements Limited (ACL), the cement and building material company of the diversified Adani Group, announced the successful completion of the acquisition of Sanghi Industries Limited (SIL). This strategic acquisition, valued at an Enterprise Value of Rs. 5,185 Crores, enhances Ambuja Cement’s market presence underscoring Adani Group’s steadfast commitment to India’s housing and infrastructure development,…
Ambuja Cements, the cement and building material company of Adani Cement, part of Adani Group wins the National Award for Energy Excellence in Indian Cement Industry, under the Grinding Category for the measures adopted in improving energy efficiency at the Roorkee plant. The award instituted by the National Council for Cement and Building Materials was…
Ambuja Cements, the cement and building material company of Adani Cement, part of Adani Group wins the ‘Federation of Indian Chambers of Commerce & Industry (FICCI) CSR Award 2020-2021’ in the ‘Women Empowerment Category’. Ambuja Cement has been felicitated with this prestigious award by the Honourable Union Tribal Affairs Minister – Shri Arjun Munda in…
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…
Ajay Kapur, MD, and CEO of Ambuja Cement have decided to step down from his position next year after serving the company for 26 years, the company announced in a stock exchange filing. Kapur will step down from his current role from March 1, 2019, and has decided to pursue a career outside the cement industry. “It…