Cementing key position: Adani-owned Ambuja Cements announces merger of Sanghi Industries, Penna Cement with itself

  • Posted on December 17, 2024
  • By Financial Express
  • 1 Views
Cementing key position: Adani-owned Ambuja Cements announces merger of Sanghi Industries, Penna Cement with itself

Ajay Kapur, CEO – Cement Business, Adani Group, said, “This merger aims to make our company more competitive and efficient, ultimately enhancing shareholder value. Enhanced working capital management and internal funds will support the growth of our business operations."
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Financial Express

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