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Adani Infuses $1 Billion More to Boost Holding in Ambuja Cements: Indian billionaire Gautam Adani and his family invested an additional 83.4 billion rupees ($1 ...
bloomberg.com/news/articles/2024-04-17/adani-infuses-1-billion-more-to-boost-holding-in-ambuja-cements
Adani Infuses $1 Billion More to Boost Holding in Ambuja Cements
Quick Glance: Adani Group Invests Rs 8,339 Crore in Ambuja Cements, Raises Stake
  • The Adani family has infused an additional Rs 8,339 crore into Ambuja Cements, increasing its stake in the company to 70.3% to support the cement maker's manufacturing capacity.

  • Previously, the Adani family had invested Rs 5,000 crore on October 18, 2022, and Rs 6,661 crore on March 28, 2024. With the latest investment, they have completed the planned Rs 20,000 crore infusion, according to the company's statement.

  • The latest infusion has raised the Adani family's stake in Ambuja Cement by 3.6% to 70.3%.

  • The fund infusion will enable Ambuja to accelerate its growth ambitions and nearly double its existing capacity to 140 million tonnes per annum by 2028 from 76.1 million tonnes as of December 31.
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Adani taps banks for $750 million: Of the 477.4 million warrants issued, the company needs to convert around 265.5 million by April 18
financialexpress.com/business/industry-adani-taps-banks-for-750-million-3454294/
Adani taps banks for $750 million
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Here's a compilation of interesting numbers that matter! Read the #NewsInNumbers on Mint app every weekday: mintiphone.page.link/Hy8V #crudeoil #KKR #shreyasiyer #CPI #inflation ... Show more   #ICRA   #VedantaResources   #Adani   #AmbujaCements
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Stocks in News: फोकस में रहेंगे Paytm, Infosys, Ambuja Cements, Power Grid सहित ये शेयर, इंट्राडे में रहेगा एक्‍शन
hindi.financialexpress.com/business-news/tata-communications-paytm-infosys-ambuja-cements-vodafone-idea-among-top-buzzing-stocks-today-18-april-2024-4490354
Stocks in News: फोकस में रहेंगे Paytm, Infosys, Ambuja Cements ...
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Ambuja Cements to buy My Home Group’s cement grinding unit for Rs 413.75 crore: The acquisition, Ambuja Cements said, is estimated at a total value of Rs 413 ...
financialexpress.com/business/industry-ambuja-cements-to-acquire-1-5-mtpa-cement-grinding-unit-in-tuticorin-for-rs-41375-crore-3457277/
Ambuja Cements to buy My Home Group’s cement grinding unit for Rs 413 ...
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Adani group companies retail shareholders fall in March quarter: The percentage of retail shareholding in these six group companies also fell ...
financialexpress.com/market/adani-group-companies-retail-shareholders-fall-in-march-quarter-3461421/
Adani group companies retail shareholders fall in March quarter
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GQG Raises Stake In Adani Stocks Making Them Worth Rs 57,000 Crore: The investment firm bolstered its position in Q4 across five key companies within the Adani ...
ndtvprofit.com/business/gqg-raises-stake-in-adani-stocks
GQG Raises Stake In Adani Stocks Making Them Worth Rs 57,000 Crore
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Conglomerates: results and investments: Listen to this episode from Top of the Morning on Spotify. Welcome to Top of the Morning by Mint ...
open.spotify.com/episode/5aybYzUecYcPzysFAhDLYy
Conglomerates: results and investments
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Adani Group Stocks In Heavy Demand, Adani Energy Jumps 8%: The stock of Adani Enterprises went up by 1.80 per cent and Ambuja Cements climbed 1.49 per cent.
ndtv.com/business-news/adani-group-stocks-in-heavy-demand-adani-energy-jumps-8-5352376
Adani Group Stocks In Heavy Demand, Adani Energy Jumps 8%
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Adani Cements expects sales to more than double by FY27: Ebitda per tonne may rise to about Rs 1,500 cr
financialexpress.com/business/industry-adani-cements-expects-sales-to-more-than-double-by-fy27-3423195/
Adani Cements expects sales to more than double by FY27
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Cement stocks surge 3% after Rs 15 per bag price hike: From the price increase in the Northern region, JK Cement, Shree Cement, JKLC, and Ambuja are favored ...
financialexpress.com/market/cement-stocks-surge-up-to-3-as-cement-prices-increase-by-rs-15-per-bag-3444960/
Cement stocks surge 3% after Rs 15 per bag price hike
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Adani Group To Invest $723 Million In Green Energy Projects: The projects include a 600 MW solar power and 150 MW wind power plant in Gujarat and a 250 MW solar ...
ndtv.com/india-news/adani-group-to-invest-723-million-in-green-energy-projects-4695199
Adani Group To Invest $723 Million In Green Energy Projects
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Adani mulls bid for Kesoram unit: UltraTech Cement, India’s largest cement producer, had earlier evinced interest in the cement assets and initiated negotiations ...
financialexpress.com/business/industry-adani-mulls-bid-for-kesoram-unit-3319149/
Adani mulls bid for Kesoram unit
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India's Adani-owned Ambuja Cements misses Q2 revenue view on weak sales volumes: India's Ambuja Cements (ABUJ.NS) on Wednesday missed quarterly revenue estimates ...
reuters.com/markets/commodities/indias-adani-owned-ambuja-cements-misses-q2-revenue-view-weak-sales-volumes-2023-11-01/
India's Adani-owned Ambuja Cements misses Q2 revenue view on weak sales ...
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Adani Group Nears $3.5 Billion Loan to Refinance Debt After Cement Purchase: Billionaire Gautam Adani-controlled Adani Group has completed a $3 ...
bloomberg.com/news/articles/2023-10-20/adani-group-closes-in-on-3-5-billion-loan-among-asia-s-biggest
Adani Group Nears $3.5 Billion Loan to Refinance Debt After Cement ...
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#StocksToWatch | Here are top stocks that could be in focus today! Read here: www.read.ht/Qk36
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Adani’s Ambuja Loan Moves Ahead After Some Banks Get Approval: A group of banks that have been in talks to lend about $250 million each toward a syndicated loan ...
bloomberg.com/news/articles/2023-10-10/adani-s-ambuja-loan-moves-ahead-after-some-banks-get-approval-lnk07esk
Adani’s Ambuja Loan Moves Ahead After Some Banks Get Approval