sanghipuram

No merger, Sanghi to stay listed for now: Karan Adani – ET Infra

The Adani Group, which announced the acquisition of Gujarat-based cement maker Sanghi Industries on Thursday, plans to increase its overall cement manufacturing capacity to 140 million tonnes in the next five years. Karan Adani, director, Ambuja Cement, told ET’s Deborshi Chaki and Nehal Chaliawala in an interview that the group is open to more acquisition […]

No merger, Sanghi to stay listed for now: Karan Adani – ET Infra Read More »

Ambuja Cements acquires Sanghi Industries at of Rs 5,000 cr – ET Infra

AHMEDABAD: Ambuja Cements Ltd (ACL), the cement and building material company of AdCement and part of the diversified Adani Group on Thursday announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74 per cent shares of SIL from its existing promoter group, Ravi Sanghi and

Ambuja Cements acquires Sanghi Industries at of Rs 5,000 cr – ET Infra Read More »

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