Ambuja Cements To Buy Penna Cement For RS 10,422 Crore
Adani Group company Ambuja Cement has purchased Penna Cement for Rs 10,422 crore. With this acquisition, the group’s cement capacity will increase by 1.4 million tonnes per annum to 8.9 million tonnes. Adani Group will buy the entire 100 percent shares of Ambuja Penna from the current promoter group. Ambuja Cement announced that it will … Read more