Adani Group’s Ambuja Cements Limited (ACL) announced the appointment of Manish Mistry as Company Secretary and Compliance Officer of the company, with effect from April 1, 2024. He succeeds Hitesh Marthak, who will relinquish his position as the Company Secretary and Compliance Officer of the company. According to the company’s exchange filing, “we wish to…
Ambuja Cements has appointed Manoj Kumar Sharma as its Chief Human Resources Officer (CHRO). “I’m happy to share that I’m starting a new position as Chief Human Resources Officer at Ambuja Cements Limited,” Sharma shared in a LinkedIn post. Prior to joining Ambuja Cements, Sharma was associated with Adani Electricity Mumbai Limited (AEML) as Senior…
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 Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group, announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74% shares of SIL from its existing promoter group, Ravi Sanghi & family. The acquisition will…
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…
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…
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…