Dec 5, 2023ACQUISITIONIndia Ambuja Cements completes acquisition of Sanghi Industries
Ambuja Cements has completed the acquisition of Sanghi Industries at a revised offer price of Rs 121.90 per share, funded entirely through internal accruals, giving Ambuja a controlling stake of 54.51%.
Capacity
74.6 MTPA (million tonnes per annum) cement production capacity
Productscementclinker
“ACL successfully completes acquisition of Sanghi Industries, funded entirely through internal accruals.”economictimes.indiatimes.com
- 3 sources
- economictimes.indiatimes.comAmbuja Cements Sanghi Industries: Adani Group completes acquisition of Sanghi Industries, revises offer price to Rs 121.90/share - The Economic TimesDec 5, 2023
- economictimes.indiatimes.comsanghi industries: Ambuja Cements completes buyout of Sanghi Industries - The Economic TimesDec 5, 2023
- worldcement.comAmbuja Cements successfully completes acquisition of Sanghi Industries | World CementEvie GardnerDec 7, 2023
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