Ambuja Cements Limited

Ambuja Cements Limited, part of the diversified Adani portfolio, announced its first venture in Bihar, marking the largest investment in the state by a cement industry player.

ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).

Ambuja Cements' standalone net profit for the quarter ended December rose 49 per cent to Rs 316.50 crore on lower sales caused by poor demand.

Shares in cement companies such as Ambuja Cements Ltd gain on hopes a regulatory tribunal may rule in their favour as they challenge price collusions charges from the Competition Commission of India.

Eleven cement companies will have to pay in excess of Rs 6,000 crore in penalties.

The 11 cement firms will have to pay 0.5 times of their profit for the year 2009-10 and 2010-11.

The CCI has found cement companies guilty of cartelisation, sources told NDTV Profit.

Sanjay Kumar Khajanchi has informed the Exchange regarding Disclosure pursuant to Regulation 13(4) of the SEBI(Prohibition of Insider Trading) Regulations.

Ambuja Cements Limited has informed the Exchange that the Share Allotment & Investor Grievance Committee at its meeting held on May 06, 2010, has allotted 2,65,625 Equity Shares on exercise of the stock options by the employees.

Ambuja Cements Limited, part of the diversified Adani portfolio, announced its first venture in Bihar, marking the largest investment in the state by a cement industry player.

ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).

Ambuja Cements' standalone net profit for the quarter ended December rose 49 per cent to Rs 316.50 crore on lower sales caused by poor demand.

Shares in cement companies such as Ambuja Cements Ltd gain on hopes a regulatory tribunal may rule in their favour as they challenge price collusions charges from the Competition Commission of India.

Eleven cement companies will have to pay in excess of Rs 6,000 crore in penalties.

The 11 cement firms will have to pay 0.5 times of their profit for the year 2009-10 and 2010-11.

The CCI has found cement companies guilty of cartelisation, sources told NDTV Profit.

Sanjay Kumar Khajanchi has informed the Exchange regarding Disclosure pursuant to Regulation 13(4) of the SEBI(Prohibition of Insider Trading) Regulations.

Ambuja Cements Limited has informed the Exchange that the Share Allotment & Investor Grievance Committee at its meeting held on May 06, 2010, has allotted 2,65,625 Equity Shares on exercise of the stock options by the employees.