Adani Acquires Orient Cement for Rs 8,100 Crore, Aiming for 100+ MTPA Capacity by FY25
22 Oct 2024
Ambuja Cements, part of the Adani Group, announced on Tuesday that it has signed a binding agreement to acquire a 46.8% stake in Orient Cement Ltd (OCL) for ₹8,100 crore. This acquisition is a significant move towards Ambuja's objective of achieving a cement capacity of 140 million tonnes per annum...
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