Ambuja Cements acquires 56.74% stake in Sanghi Industries at an enterprise value of INR 5000 crore and open offer for acquisition of additional 26% stake

Indian billionaire Gautam Adani addresses delegates during the Business Summit in Kolkata

MUMBAI, August 3 (MeelBijendra) – On Thursday 3rd August 2023 Ambuja Cements Limited formerly known as Gujarat Ambuja Cement Limited (GACL) announced that it has acquired 56.74% stake in Sanghi Industries Limited. Sanghi Industries is in the business of Cement manufacturing in India, established on 14th June 1985 and Sanghi Industries has a network of … Read more