Adani Group’s Cements Acquires 47% Stake in Orient Cement for ₹8,100 Crore
Oct 22, 2024
Ambuja Cements, part of the diversified Adani Group, has announced its acquisition of a 46.8% stake in Orient Cement Ltd (OCL) for an equity value of ₹8,100 crore. The purchase will be funded entirely through internal resources, as stated by the company. This