Ambuja Cement, the cement and building material company of Adani Group, announced the signing of a binding agreement for the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise ...

The acquisition is value accretive considering it will balance Adani Cement’s clinker facilities in north India, the company said in a BSE filing. The cement industry is in the positive cycle of ...

January 27, 2025 UltraTech in talks to buy HeidelbergCement India, Moneycontrol reports, following rival Adani UltraTech Cement , India's top cement producer by capacity, is in advanced talks with ...

Ambuja Cement has signed an agreement to acquire Penna Cement Industries (PCIL) for Rs 10,422 crore as it targets a production capacity of 140 million tonne per annum (MTPA) by 2028, the Adani ...

Adani’s two existing projects – a port project and a cement unit – are still alive there, while it has expressed its intent to exit the renewable project there. According to reports quoting ...

Adani Group is eyeing a potential $3 billion cement acquisition in lieu of recent boom in the infrastructure sector by the government. Kutch Copper Ltd (KCL), a subsidiary of the group's flagship ...