ACC turns net loss of ₹87 cr. for Sept. quarter as fuel costs surge

ACC turns net loss of ₹87 cr. for Sept. quarter as fuel costs surge

Cement maker ACC on Monday reported a consolidated net loss of ₹87.32 crore for September quarter on account of a steep rise in fuel cost. The company had posted a profit of ₹450.21 crore for the same quarter a year earlier, said ACC Ltd, now a part of Adani Cement, in a BSE filing. However, […]

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Adani’s open offer for ACC, Ambuja draws lukewarm investor response

Adani’s open offer for ACC, Ambuja draws lukewarm investor response

Investors tender just 8.28% of ACC shares, 1.35% of Ambuja Cements stock, filings show Investors tender just 8.28% of ACC shares, 1.35% of Ambuja Cements stock, filings show Adani Group’s ₹31,000-crore open offer to acquire 26% additional stakes in Swiss firm Holcim’s two Indian listed entities ACC Ltd. and Ambuja Cements closed on Friday amid […]

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Adani unveils ₹31,000 crore open offer for ACC, Ambuja Cements

Adani unveils ₹31,000 crore open offer for ACC, Ambuja Cements

Ambuja Cements and ACC currently have a combined installed production capacity of 70 million tonne per annum Ambuja Cements and ACC currently have a combined installed production capacity of 70 million tonne per annum Adani Group on Friday launched its ₹31,000-crore open offer to acquire 26% additional stake from the public shareholders of Swiss firm […]

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Adani to make open offer for ACC, Ambuja Cements on Aug. 26

Adani to make open offer for ACC, Ambuja Cements on Aug. 26

In May this year, the Adani Group announced that it has clinched a deal to acquire a controlling stake in Holcim Limited’s businesses in India for $10.5 billion In May this year, the Adani Group announced that it has clinched a deal to acquire a controlling stake in Holcim Limited’s businesses in India for $10.5 […]

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