# Ambuja Cements acquires My Home Group's cement grinding unit in Tuticorin for ₹413.75 crore

Ambuja Cements, part of the Adani Group, has acquired My Home Group's 1.5 MTPA cement grinding unit in Tuticorin, Tamil Nadu, for ₹413.75 crore. The acquisition enhances Ambuja's coastal footprint in southern markets.

- Type: Acquisition
- Announced: 2024-04-16
- Where: Tuticorin, Tamil Nadu, India, India
- Value: $4.95M (413.8M INR)
- Status: announced
- Capacity: 1.5 million tonnes per annum
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ambuja Cements](https://endata.com/companies/15069.md) (acquirer)
- [My Home Group](https://endata.com/companies/26421.md) (target)

## Sources

- [thehansindia.com](https://www.thehansindia.com/business/ambuja-acquires-my-homes-cement-unit-for-41375-cr-872836), 2024-04-16: "We are glad to announce this acquisition, strengthening our foothold in the region and aligning perfectly with our commitment to delivering high-quality products and services to our customers."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.