Founder duo exits Ambuja, deal valued at Rs 185 cr

Three-and-a-half decades after they founded it, Narottam S Sekhsaria and Suresh Kumar Neotia have completely exited as promoters of Ambuja Cements, by selling their 0.79 per cent stake in the......

ACC-Ambuja merger deferred indefinitely

The merger of ACC and Ambuja Cements, the companies controlled by Holcim, the Swiss cement major, has been deferred indefinitely.An investment banker, privy to the development, said, "The parent......

Holcim buys 14.8% in Gujarat Ambuja

Cement major Gujarat Ambuja Cements Ltd on Monday said Holderind Investments Ltd (Holcim Mauritius) has 14.8 per cent stake in the company.Holcim Mauritius, an indirect wholly-owned subsidiary of......