cement sector India
JK Lakshmi Cement Merges Udaipur Cement Works to Boost Efficiency and Market Reach
In an important movement within the organizational and market competition, JK Lakshmi Cement had merged its entire owned subsidiary, Udaipur Cement Works Limited...
JSW Cement to Trim IPO Size to $415 Million; Targets Early August Launch at $2.3 Billion Valuation
The JSW Cement IPO, which is among the most sought-after by investors, is expected to open to the market in early August, probably...
NCLT Clears Merger of Adani Cementation with Ambuja Cements, Effective from April 2024
Sanction has been granted by the National Company Law Tribunal against a historical merger scheme for the Adani Group toward the consolidation of...
Adani’s Ambuja Cement Powers 30% of India’s Homes, Eyes 140 MTPA by FY28
Flagship cement business of Adani Group, Ambuja Cements, now supplies almost 30% of the cement utilized for housing and infrastructure in India, as...
Shree Cement Hit with ₹588 Crore Tax Demand for FY22, Says No Major Impact Expected
Shree Cement Ltd, India’s leading cement manufacturer, has been served an income tax demand of ₹588.65 crore for the fiscal year 2021–22. The...
JK Cement Q4 Profit Rises 64.5% at ₹361.3 Cr, FY25 Revenue Crosses ₹12,000 Cr
JK Cement Ltd (JKCL) had a strong quarter in Q4 FY25 with consolidated net profit rising 64.5% year-on-year at ₹361.33 crore. This is...
The Ramco Cements Sells ₹455 Crore in Non-Core Assets to Cut Debt
Ramco Cements has asset monetization of ₹455.03 crore in FY25 as part of the company’s asset monetization strategy which aims to reduce debt...
