Cement merger
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Ambuja Cements completes merger with Penna Cement, strengthens South India footprint
Ambuja Cements has completed its merger with Penna Cement Industries, effective April 10, 2026, boosting capacity and reinforcing its presence across South India’s...
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N Srinivasan Steps Down as UltraTech Acquires Majority Stake in India Cements
UltraTech Cement acquired a 32.72% stake in India Cements Ltd (ICL) to move one step further for the enlargement of its southern cement...
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Ambuja Cements to Merge Sanghi Industries and Penna Cement
Ambuja Cement, one of the leading enterprises within the Adani Group, is going to merge its subsidiaries Sanghi Industries (SIL) and Penna Cement...
