Published 18:24 IST, April 17th 2024
Adani family infuses Rs 20,000 crore in Ambuja Cements to increase stake to 70.3%
The move follows previous investments of Rs 5,000 crore on October 18, 2022, and Rs 6,661 crore on March 28, 2024, as part of the share issuance.
Adani Group-owned Ambuja Cements reported a four-fold jump in its standalone net profit at Rs 643.84 crore for the quarter ended September 2023. | Image:
Gautam Adani, Ambuja Cements
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18:24 IST, April 17th 2024