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Did Adani acquire Orient Cement?

Asked by Anonymous Sep 02, 2026 0 views 1 answers
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Answered Sep 02, 2026

The Adani Group, through its subsidiary Ambuja Cements Limited, successfully executed a binding agreement to acquire a controlling 46.8 percent promoter stake in Orient Cement Limited at an enterprise equity value of ₹8,100 crore. This strategic buyout added substantial clinker and cement manufacturing capacity across Telangana, Karnataka, and Maharashtra, significantly expanding the conglomerate's regional market footprint.

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