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Adani Group's cement business consolidation through Adani Cementation's merger with Ambuja Cements is now approved.
The National Company Law Tribunal has approved the merger of Adani Cementation with Ambuja Cements, consolidating Adani Group's cement business under one entity.
Effective April 1, 2024, the merger aims to enhance efficiency, reduce costs, and increase shareholder value.
Post-merger, Adani Group will become India's second-largest cement producer with a capacity of over 100 million tonnes per year.
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La consolidación del negocio de cemento de Adani Group a través de la fusión de Adani Cementation con Ambuja Cements ahora está aprobada.