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LafargeHolcim receives revised divestment order from India - Yahoo!

LafargeHolcim has received a revised order from the Competition Commission of India (CCI) to divest its interest in Lafarge India, including three cement plants and two grinding stations ...

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Adani Group Is Now The Second-largest Cement Producer After Completing ...

Sep 17, 2022The value of the Holcim holding plus the open price for Ambuja Cements and ACC is USD 6.50 billion, making this the largest acquisition by Adani and the largest M&A in India's history for infrastructure and materials, it continued. Following the purchase, Adani will own 56.69 percent of ACC and a 63.15 percent share in Ambuja Cements.

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Holcim weighs sale of India's $9.6 billion Ambuja Cements

Apr 14, 2022Holcim controls 63.1% of Ambuja, which has a market value of about $9.6 billion. Bloomberg April 14, 2022 / 08:29 AM IST India Cements | Radhakishan S Damani & Others acquired 2.03 percent stake in...

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Adani Group In Advanced Talks To Cement Ambuja Takeover Deal With ...

Apr 27, 2022Ambuja's stock rose approximately 26% in April, valuing the company at almost $10 billion. Bloomberg News reported that Holcim, which owns 63.1 percent of the firm, is considering selling its interest. ACC Ltd, one of Ambuja's subsidiaries, is also publicly listed. However, according to the sources, no final decision has been taken and that ...

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Ultratech Cements In Its Position - TaxGuru

As part of the deal, the Aditya Birla Group firm will acquire Jaiprakash Associates' integrated cement plant with clinker capacity of 2.1 million tonnes per annum (MTPA) and cement grinding capacity of 2.6 MTPA at Bela in Madhya Pradesh.

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JK Lakshmi Cements Ltd (Q4 FY14) - indiainfoline

JKLCE is enhancing its capacity from current 6.6mtpa to ~11.3mtpa by end of FY15; this would translate into 16% volume CAGR over FY13-16.

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ACC Company History - Business Standard News | Page 1

On 24 October 2016 ACC commissioned a 1.35 million tonnes cement grinding unit at Sindri in Jharkhand completing the new integrated project with its clinkering line of 2.79 million tonnes and grinding unit of 1.1 million tonnes at Jamul in Chhattisgarh.

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Adani's biggest bet - Business India

May 19, 2022The Competition Commission of India had, in a 2016 lawsuit, fined several companies including ACC and Ambuja Cements, on charges of fixing prices or cartelisation. The combined fines work out to Rs2,302 crore (including Rs1,164 crore on Ambuja Cements and Rs1,148 crore on ACC). The Supreme Court has yet to give its final verdict.

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Best Cement Stocks to Buy Now in India 2022 - Samco

Sep 16, 2022ACC Ltd was operating at the highest capacity utilisation of ~85% as of FY22 due to high demand in rural and semi-urban areas. The company operates PAN India and has strong operational linkages in their plants and grinding units which helps them obtain better cost efficiency. The company's net debt/EBITDA stands at -0.01 times.

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Ambuja Cements Jumps 3%, Hits Market High on Weak Fundraising Plan

Sep 14, 2022Shares of Ambuja Cements hit a new high of Rs 503 on the BSE, as the stock rose 3.4% in intraday trade on Wednesday, despite the overall market weakness. Shares surged after the company said its board of directors would meet on Friday, September 16, 2022, to consider a fundraising plan. The S&P BSE Sensex was down 0.89% at 60,033 at 9:35 am.

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NGT notice to Centre, Punjab on Ambuja Cement plant expansion

Cement firms including ACC, Ambuja and India Cements today said they will move COMPAT against fair trade regulator CCI's order to impose Rs 6,700 crore penalty, while others like Ultratech and...

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The Tribune, Chandigarh, India - Business

Gujarat Ambuja said Holcim will buy 67 per cent of its Ambuja Cement India Ltd (ACIL) unit, a vehicle that owns 13.8 per cent of ACC. ACIL will make an open offer to increase its shareholding to...

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Adani buys 49% stake in Quint - Asian News from UK

May 17, 2022The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is $10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever merger and acquisition (M&A) transaction in the infrastructure and materials space.

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ACC plans to increase its clinker and cement capacities

Apr 10, 2021It recently completed and commissioned a new grinding unit at Sindri, Jharkhand. The new facility will add 1.4 MTPA of cement capacity to its existing 3 MTPA at this site. The shareholders approved the payment of final dividend at Rs 14 per equity share amounting to Rs 262.90 crore.

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Latest Ambuja cements ltd information at

IIFL Customer Care Number. 1860-267-3000 / 7039-050-000 Gold/NCD/NBFC/Insurance and NPS. IIFL Securities Support Whatsapp Number +91-9892691696

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Special feature Acquiring to Grow

India in two tranches: in 2008 by taking a stake in Sagar Cement and in 2010 by acquiring Bharathi Cement. Subsequently, through a JV with Sagar Cement, Vicat set up a greenfield capacity in Gulbarga, Karnataka. The balance stake was acquired by Vicat from Sagar Cement in 2014. In 2008, CRH acquired a 50 per cent stake in MyHome Industries ...

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Dalmia Cement: One of the Best Cement Companies in India

Dalmia Cement is one of the best cement brands in India. Dalmia Cement is available in PPC, PSC, PCC, OPC 43 and OPC 53 variants. It is the best cement for house construction, and considered the best cement for Oilwell, Airstrip, dams and all other infrastructure projects.

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Adani to Acquire Holcim's Stake in Ambuja Cements and ACC Limited - Yahoo!

May 15, 2022The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is USD ~10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever M&A transaction in the infrastructure and materials space. "Our move into the cement business is yet another validation of our belief in our nation's growth ...

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Jindal Steel Power || Home

An industrial powerhouse with a dominant presence in steel, power, mining and infrastructure, JSP is a leading Indian conglomerate that aims to strengthen the future of the nation and works towards building a better world. About us. 9.6 MTPA. Tonnes of steel produced. 20k+ Employees across 3 continents. 1634 MW. CPP. 2M.

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Holcim forges US$10.5bil deal with Asia's richest man | The Star

May 17, 2022As part of the deal, Adani will inherit Ambuja's controlling stake in another publicly traded cement producer, ACC Ltd, and buy Holcim's direct 4.5% holding in the unit.

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JSW Cement - Wikipedia

The company's subsidiary, Shiva Cement, is currently investing over Rs. 1,500 crores in a 1.36 MTPA clinker unit project to be established in Sundergarh district of Odisha; this project also includes setting up of a 1 MTPA grinding unit and associated facilities. The company produces cement, concrete and construction chemicals.

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emami cement plant - Henan Technox Mining Machinery

Nirma Wins Emami Cement Auction Cement Industry. India: nirma ltds subsidiary cement producer nuvoco vistas has announced that it has entered into an agreement with emami group for the acquisition of the latters 8.3mtyrcapacity cement business, including a 2.5mtyr integrated plant in chhattisgarh and three grinding facilities. the company says that with the completion of a capacity expansion ...

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Billionaire Adani to buy Holcim's India cement biz for $10.5bn

May 16, 2022Adani said it plans to spend about $10.5 billion on the stake purchases and open offer consideration for Ambuja and related entities. As part of the deal, Adani will inherit Ambuja's controlling...

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Adani's Cement Play: How the big players rank against each ... - Mintgenie

May 17, 2022UltraTech has a network of over one lakh channel partners across the country and has a market reach of more than 80% across India. In 2013, Ultratech acquired Jaypee Group's Gujarat cement unit for ₹ 3,800 cr and in 2017 it acquired Jaiprakash Associates' six integrated cement plants for ₹ 16,189 cr.. Further, in 2018, it entered into a scheme of arrangement with Century Textile and ...

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ACC Ltd Stock Analysis - MoneyWorks4Me

ACC is a public Company domiciled in India and was incorporated on August 01, 1936 under the provisions of the Companies Act, 1913 applicable in India. Its shares are listed on The National Stock Exchange of India (NSE) and The Bombay Stock Exchange (BSE) of India.

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Adani Group in advanced talks to cement Ambuja takeover ... - Moneycontrol

Apr 26, 2022Founded in 1983, Ambuja has an annual production capacity of 31 million metric tonnes from its six integrated manufacturing plants and eight cement grinding units in India, says the company's website.

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Holcim May Exit India Business, Considers Potential Sale Of $9.6 ...

Apr 14, 2022Founded in 1983, Ambuja has a cement capacity of 31 million metric tons, and has six integrated manufacturing plants and eight cement grinding units in India, its website shows. Its subsidiaries include ACC Ltd., which is also publicly traded. Holcim has been selling off its non-core assets to reduce debt and diversify through acquisitions.

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Holcim Sells India Arm to Billionaire Adani in $10 Billion Deal

May 15, 2022The Swiss company will sell its 63.1% stake in Mumbai-listed Ambuja Cements Ltd. to Adani Group in a deal valuing the business at nearly $10 billion, according to a statement Sunday. Adani will inherit Ambuja's controlling stake in another publicly traded cement producer, ACC Ltd., and buy Holcim's direct 4.5% holding in the unit, the ...

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Top stocks to watch - Business Insider India

Jan 6, 2021Indian stock-market indices are likely to start lower on Wednesday, led by mixed cues from the global markets. At 7:45 am, the SGX Nifty was down 0.13%, indicating a tepid start for Nifty50.

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Hardinge - Turning, Milling, Grinding, Honing, and Workholding

Complete Workholding Solutions. Hardinge Inc. is a leading international provider of advanced metal-cutting solutions. We provide a full spectrum of highly reliable CNC turning, milling, grinding, and honing machines. We also provide technologically advanced workholding and machine tool accessories.

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Ambuja Cements India Stock Fundamental Analysis - Financial Results ...

The company was formed in 1983 and is headquartered in Mumbai, India. The company has a manufacturing capacity of 31 MTPA from 6 plants and 8 cement grinding units across India. Ambuja cement limited had a 50% stake in ACC Ltd. and together these companies have 10-13% capacity share in the Indian market.

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Stocks in Focus | Trade Setup for 16.02.2022 - FunDirector

Feb 15, 2022RKFL Newly commissioned Warm Forging Plant Successfully starts dispatching of products to India's leading axle manufacturer. Sunshield Chemicals Ltd announces capacity expansion. ACC expands capacity by 1.6 MTPA at Tikaria grinding unit in the state of Uttar Pradesh ... Laxmi Organic Industries Ltd to acquire stake in Radiance. SHREEJI adds ...

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UltraTech Cement - Infogalactic: the planetary knowledge core

UltraTech is India's largest exporter of cement clinker. The company's production facilities are spread across twelve integrated plants, one white cement plant, one clinkerisation plant in UAE, sixteen grinding units, and five terminals — four in India and one in Sri Lanka. Most of the plants have ISO 9001, ISO 14001 and OHSAS 18001 ...

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ACC commissions 1.6-MTPA grinding unit at Tikaria in Uttar Pradesh

Feb 16, 2022NEW DELHI: Cement maker ACC Ltd on Tuesday announced the commissioning of a 1.6-MTPA grinding unit (GU) at Tikaria in Uttar Pradesh. The additional capacity will add 1.6 MTPA (million tonnes per annum) of cement to the existing capacity of 2.31 MTPA, taking the total capacity at Tikaria at 3.91 MTPA, said the Holcim India group firm in a statement.

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JP deal positions UltraTech as largest cement player: All ... - Firstpost

10. The deal would give UltraTech Cement a significant presence in the key western Indian markets as well as access to a jetty that would enable it to ship cement to new markets. Shares of UltraTech rose 1.37 percent at Rs 1,756 and JP Associates in down 7 percent at Rs 40.45. The Sensex is down 0.5 percent at 19,894.

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Adani forges $10.5-billion deal with Holcim India to buy Ambuja Cement, ACC

May 16, 2022Adani said it plans to spend about $10.5 billion on the stake purchases and open offer consideration for Ambuja and related entities. As part of the deal, Adani will inherit Ambuja's controlling stake in another publicly traded cement producer, ACC Ltd., and buy Holcim's direct 4.5% holding in the unit.

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Gautam Adani's New $10.5 Billion Deal: A 10-Point Guide - NDTV

May 16, 2022New Delhi: Billionaire Gautam Adani's conglomerate plans to buy Switzerland-based Holcim AG's cement businesses in India for $10.5 billion (around ₹ 81,361 crore). This will be the largest-ever...

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AGLE WEEK KE BAADSHAH - India Infoline

ACC is a pan-India cement major with cement capacity of 36.4mtpa (including which makes it the third-largest cement manufacturer in India. ACC's highest capacity share is in the South and East;...

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ACC History | ACC Information - The Economic Times

- The Associated Cement Companies (ACC) has set up a modern pre-grinding unit based on the vertical pre-grinder technology at its plant in Chanda, Maharashtra. The pre-grinder, set up for the first time in the country, has been developed by ACC Machinery Company Ltd (AMCL), a 100-per cent subsidiary company.

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JP Associates in talks to sell cement biz to ACC for Rs 5,200 crore

Jaiprakash Associates had earlier entered into a binding agreement with Orient Cement, a CK Birla Group firm, to sell its Bhilai Cement and Nigrie Cement Grinding Unit for Rs 1,946 crore in May 2017. However, the transaction was terminated last month due to delay of more than 12 months in finalising the deal.

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