Ambuja Cements appoints Vinod Bahety as CEO for three years; says Ajay Kapur to continue as MD

 28 Mar 2025 02:32 PM

Ambuja Cements announced the appointment of Vinod Bahety as CEO starting April 1, 2024, alongside his roles as Additional Director and Wholetime Director. Ajay Kapur will continue as Managing Director from April 2025, and Rakesh Tiwary will take over as CFO. Praveen Garg joins as an Additional Director on the Board from April 2025.

NCLAT issues notice to Ambuja Cements over Alok Sanghi's insolvency plea

 07 Mar 2025 12:37 AM

The NCLAT has issued a notice to Adani Group's Ambuja Cements regarding a plea from Alok Sanghi, the former promoter of Sanghi Industries. It has stayed the Ahmedabad NCLT's order initiating insolvency proceedings against Sanghi. The NCLAT granted two weeks' time to Ambuja Cements and scheduled the next hearing for April 14, 2025.

Gainers & Losers: Coforge, Adani Group stocks among 9 stocks that hogged limelight today

 05 Mar 2025 04:28 PM

Sensex surged 740 points, Nifty ended above 22,300, snapping a 10-day losing streak. Key movers included IIFL Finance, Coforge, Adani Group, Ambuja Cements, Jindal World, and BSE amid market recovery and corporate actions.

Ambuja Cements shares in focus on receiving CCI approval for acquiring Orient Cement

 05 Mar 2025 09:31 AM

Ambuja Cements' shares may attract attention after receiving unconditional approval from the Competition Commission of India (CCI) for its acquisition of Orient Cement. The company will acquire 37.90% and 8.90% of Orient Cement's share capital through a share purchase agreement and make an open offer for 26% of the expanded capital at Rs 395.40 per share.

Stocks in news: Adani Wilmar, Ola Electric, Ambuja Cements, Power Grid, JSW Energy

 05 Mar 2025 06:43 AM

Indian oil explorer Oil and Natural Gas Corp said its unit acquired clean energy firm PTC Energy for Rs 925 crore ($106.02 million) as the company looks to ramp up its green energy portfolio.

CCI approves Ambuja Cements' acquisition of Orient Cement

 04 Mar 2025 07:08 PM

India's antitrust watchdog has approved Ambuja Cements' acquisition of India Cements. This move, announced in October, aims to bolster Ambuja's position against UltraTech Cement. Despite analysts' skepticism about regulatory approval due to industry oversupply, the acquisition will likely intensify competition further in the Indian cement sector.

AMBUJA CEMENTS: INDIA CCI - APPROVES PROPOSED ACQUISITION OF UP TO 72.8% STAKE OF ORIENT CEMENT BY AMBUJA CEMENTS

 04 Mar 2025 06:24 PM

AMBUJA CEMENTS: INDIA CCI - APPROVES PROPOSED ACQUISITION OF UP TO 72.8% STAKE OF ORIENT CEMENT BY AMBUJA CEMENTS

ORIENT CEMENT: INDIA CCI - APPROVES PROPOSED ACQUISITION OF UP TO 72.8% STAKE OF ORIENT CEMENT BY AMBUJA CEMENTS

 04 Mar 2025 06:24 PM

ORIENT CEMENT: INDIA CCI - APPROVES PROPOSED ACQUISITION OF UP TO 72.8% STAKE OF ORIENT CEMENT BY AMBUJA CEMENTS

Market Trading Guide: Ambuja Cements, Havells India are among 4 stock recommendations for Thursday

 26 Feb 2025 03:33 PM

Titagarh Rail bags Rs 537-crore order from Adani Cement

 14 Feb 2025 06:24 PM

Titagarh Rail Systems Ltd has secured a Rs 537.11 crore contract from Ambuja Cements and ACC Ltd to supply 16 specialised freight rakes. These will include wagons for transporting fly ash and cement, aiming to increase logistics efficiency. Deliveries are scheduled between January 2026 and March 2027.