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Tag: Adani cement sector

Adani infuses ₹8,339 crore more in Ambuja Cements, raises stake to 70.3%

Posted on April 17, 2024 By admin
Adani infuses ₹8,339 crore more in Ambuja Cements, raises stake to 70.3%

Billionaire Gautam Adani’s family infused an additional ₹8,339 crore in Ambuja Cements, raising its stake in the company to 70.3%, to help the cement maker’s manufacturing capacity. The Adani family previously invested ₹5,000 crore in the company on October 18, 2022, and ₹6,661 crore on March 28, 2024. With the latest investment, it has completed…

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