New Delhi: Ambuja Cements, under the diversified Adani Portfolio, has signed an agreement to purchase a 1.5 MTPA cement grinding unit from My Home Group in Tuticorin, Tamil Nadu, for a total value of ₹413.75 crore funded through internal accruals.The company, with this acquisition, is set to expand its total cement capacity to 78.9 MTPA. The unit, spread over 61 acres near the strategic Tuticorin Port, comes with a long-term fly ash…
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Ambuja Cements to acquire 1.5 MTPA cement grinding unit in Tuticorin from My Home Group for ₹413.75 crore, ET EnergyWorld
