Adanis infuse Rs 8ooo crore in Ambuja, stake hits 70%
Wednesday, 17 April 2024 ()
Adani family invests Rs 8,339 crore in Ambuja Cements, increasing stake to 70.3%. Harmonia Trade converts warrants, fortifying financials. Ambuja plans capacity expansion. Recent acquisitions include a grinding unit in Tamil Nadu. Stake increase follows the largest capital market transaction in 2022.
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