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Ambuja Cements Pledges 50% Share In ACC As Collateral For Loans

Ambuja Cements, now controlled by billionaire Gautam Adani-led Adani Group, on Wednesday said it has pledged 50.5 per cent shareholding in its subsidiary ACC Ltd as "collateral for loans taken by the company". ....

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ACC - Adani shield for Ambuja loan - Telegraph India

On Wednesday, the shares of Ambuja Cements closed flat at Rs 500.20 while the ACC share ended 1.13 per cent lower at Rs 2,348.70 in the BSE ....

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