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

[ad_1] 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. […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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