The Adani family has invested ₹6,661 crore in Ambuja Cements, increasing its stake to 66.7%. This marks the second fund infusion since late-2022, when ₹5,000 crore was invested through warrants. The total investment of ₹11,661 crore aims to enhance capital flexibility for growth and strategic initiatives. Adani Cement, comprising ACC and Ambuja Cements, targets a production capacity of 140 million tonnes by 2028. The funds will support capacity expansion, operational efficiency, and strategic initiatives, including resource optimization and supply chain enhancements.
Adani Cements expects sales to more than double by FY27
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Kaushalya Logistics Limited (KLL) Milestone March with JK Cement Hub Operations Begin in Varanasi, Adani Cement Depot Expands in Madhya Pradesh
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