Tag: ambuja plus cement price

Ambuja Cements to Merge with Adani Cementation to Boost Efficiency and Coastal Reach

To boost its coastal operations, Ambuja Cements under the Adani Group will merge with Adani Cementation, a division of Adani Enterprises. Once regulators and shareholders give the green light, Adani Cementation will become a wholly-owned subsidiary of Ambuja Cements. The merger is a share swap, where Adani Enterprises will get 8.7 million shares of Ambuja