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Ambuja Cements Ltd., part of the Adani Group, has acquired Orient Cement Ltd. for 81 billion rupees ($963 million). The deal involves Ambuja purchasing 46.8% of Orient Cement shares from its founders and certain public shareholders, as Gautam Adani continues to strengthen his foothold in the cement industry to support India's infrastructure development.
Orient Cement
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Adani Group acquires Orient Cement for 963 million dollars
Indian Rupee
Ambuja Cements Limited
Orient Cement Limited
Adani Group
IND
Orient Cement
Gautam Adani
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05:55 22.10.2024
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