As part of the overhaul, J P Chalasani has been elevated to the newly constituted Group Executive Council. Ajay Kapur, who takes over as Group CEO, will lead the company’s transformation and scaling e ...
Ambuja Cements had earlier acquired a 56.74% controlling stake in Sanghi Industries in August 2023. This transaction represented Adani Group’s first significant cement-sector acquisition after its ...
Adani-owned Ambuja Cements announced that it has received the approval of National Company Law Tribunal (NCLT), Ahmedabad Bench, for the merger of its subsidiary Sanghi Industries. In an exchange ...
The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has cleared the proposed merger of Sanghi Industries Limited with Ambuja Cements Limited, a crucial step in Adani Group’s rapid ...
The Adani Group-promoted Ambuja Cements on Monday said that the National Company Law Tribunal (NCLT) has approved its merger scheme with its subsidiary Sanghi Industries. "After analysing the scheme ...
Indian corporate judicial body, the National Company Law Tribunal (NCLT), on Monday, 9 February 2026, approved the proposed merger between Adani Group-owned Ambuja Cements and Sanghi Industries, ...
The National Company Law Tribunal (NCLT) has approved the merger of Sanghi Industries with Adani Group-owned Ambuja Cements, clearing a key step in Ambuja’s consolidation strategy. In an exchange ...
Brokerage JM Financial said channel checks showed pan-India average cement prices ticked up by 1.5-2% MoM to hover around Rs 340 per bag. The brokerage remains positive on the sector’s near-term ...
Ajay Kapur has stepped down as Managing Director of Adani Cements on superannuation with effect from January 31. Kapur joined Ambuja Cements in 1993 and has spent more than 25 years in various ...
Sales Volume: 18.9 million tonnes, up 17% YoY. Market Share: Improved to 16.6%. Revenue: INR 10,277 crores, up 20% YoY. Net Income (PAT): INR 378 crores, a jump of 258% YoY. Operating EBITDA: INR ...
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