Ambuja Cement has signed an agreement to acquire Penna Cement Industries (PCIL) for Rs 10,422 crore as it targets a production capacity of 140 million tonne per annum (MTPA) by 2028, the Adani ...

Adani Cement is carrying out “due diligence” for at least two South India based cement companies, while the group continues to be interested in bidding for Jaypee Cement — owned by the debt ...

The acquisition is value accretive considering it will balance Adani Cement’s clinker facilities in north India, the company said in a BSE filing. The cement industry is in the positive cycle of ...

We are confident that the Adani Group, with its strong focus on cement and infrastructure, is the ideal new owner to drive continued growth at Orient Cement for our people and stakeholders”.

Adani Group is eyeing a potential $3 billion cement acquisition in lieu of recent boom in the infrastructure sector by the government. Kutch Copper Ltd (KCL), a subsidiary of the group's flagship ...