Adani Group

In May this year, the Adani Group announced that it has clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India.

This will equip Ambuja to capture the growth in the market," it said. Currently, Ambuja Cements and ACC have a combined installed production capacity of 67.5 million tonnes per annum (MTPA). In May this year, the Adani Group announced that it has clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India.

The transaction includes all of Holcim's 63.11 per cent stake in Ambuja Cement, which owns a 50.05 per cent interest in ACC, as well as Holcim's 4.48 per ...

[Ambuja Cements](https://www.financialexpress.com/market/stock-market/ambuja-cements-ltd-stock-price/?utm_source=fe_Story&utm_medium=fe_Tags&utm_campaign=referral) and [ACC](https://www.financialexpress.com/market/stock-market/acc-ltd-stock-price?utm_source=fe_Story&utm_medium=fe_Tags&utm_campaign=referral) to the Adani Group, for cash proceeds of $6.4 billion (about Rs 51,000 crore). And for ACC, it has offered to acquire up to 4.89 crore shares held by public shareholders, representing 26 per cent of the expanded share capital, for a total of Rs 11,259.97 crore. Holcim said: This transaction will help the company to continue its acquisition strategy, building on recent investments of over CHF 5 billion in Solutions & Products, Holcim said in a separate statement earlier today. The acquisitions will help Adani rise to the helm of India’s cement market. [ICICI Securities](https://www.financialexpress.com/market/stock-market/icici-securities-ltd-stock-price/?utm_source=fe_Story&utm_medium=fe_Tags&utm_campaign=referral) and Deutsche Equities India, who are the joint managers to the offer, under the proposal, Adani Group intends to acquire up to 51.63 crore equity shares of Ambuja Cements or 26 per cent of its expanded share capital (total voting share capital) aggregating Rs 19,879.57 crore. [Adani Group ](https://www.financialexpress.com/market/adani-group-launches-rs-31000-cr-open-offer-for-acc-ambuja-cements-stakes-offer-opens-today-closes-sep-9/2644903/)had offered to buy 26 per cent of Ambuja Cements stake for Rs 385 per share and the same stake for Rs 2,300 per share of ACC.

The value of the Holcim stake and open offer consideration for Ambuja Cements and ACC is $6.50 billion, which makes this the largest ever acquisition by ...

This will equip Ambuja to capture the growth in the market," it said. Gautam Adani said, "What makes cement an exciting business is the headroom for growth in India, which exceeds that of every other country well beyond 2050." According to the report, Adani family, through their special purpose vehicle Endeavour Trade and Investment Ltd, completed the acquisition after completing the transaction with Swiss firm Holcim and an open offer, said a statement. ( Image Source : Getty ) After the transaction, Adani will hold 63.15 per cent stake in Ambuja Cements and 56.69 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements). The value of the Holcim stake and open offer consideration for Ambuja Cements and ACC is $6.50 billion, which makes this the largest ever acquisition by Adani, and also India's largest ever M&A transaction in the infrastructure and materials space, it added.

अडाणी समूह ने अंबुजा सीमेंट्स और एसीसी लिमिटेड का अधिग्रहण पूरा कर लिया है.

इस सौदे के पूरा होने के बाद अडाणी की अंबुजा सीमेंट्स में 63.15 प्रतिशत और एसीसी में 56.69 प्रतिशत हिस्सेदारी (अंबुजा सीमेंट्स के जरिये 50.05 प्रतिशत हिस्सेदारी) होगी. उल्लेखनीय है कि अडाणी समूह ने होल्सिम लिमिटेड की भारत में इकाइयों में नियंत्रणकारी हिस्सेदारी के अधिग्रहण के सौदे की घोषणा की थी. बयान के अनुसार, सौदे में होल्सिम की अंबुजा और एसीसी में हिस्सेदारी के अधिग्रहण के साथ बाजार नियामक सेबी के नियमन के अनुसार दोनों इकाइयों के लिये खुली पेशकश शामिल है.

Adani Group: अडानी ग्रुप अंबुजा सीमेंट और एसीसी में होल्सिम की पूरी हिस्सेदारी खरीद ली है.

अडानी ग्रुप और देश के इंफ्रास्ट्रक्चर व बिल्डिंग मैटेरियल इंडस्ट्री का यह अब तक का सबसे बड़ा अधिग्रहण है. इस ट्रांजेक्शन में अंबुजा सीमेंट में होलसिम की संपूर्ण 63.11 प्रतिशत हिस्सेदारी शामिल है जिसमें से एसीसी में 50.05 फीसदी स्टेक है, साथ ही एसीसी में इसकी 4.48 प्रतिशत की प्रत्यक्ष हिस्सेदारी भी शामिल है. इसके साथ ही होल्सिम ने भारत से अपना कारोबार समेट लिया है.

Ambuja Cements and ACC Acquistion: अडाना ग्रुप ने शुक्रवार को बताया कि उसने अंबुजा सीमेंट्स और एसीसी ...

बता दें कि अंबुजा सीमेंट्स और ACC के लिए होल्सिम स्टेक और ओपेन ऑफर का मूल्य 6.50 बिलियन अमरीकी डॉलर है. अडानी ग्रुप (Adani Group) ने एक बयान में कहा कि अडानी ने अपने स्पेशल पर्पज व्हीकल एंडेवर ट्रेड एंड इनवेस्टमेंट लिमिटेड (Endeavour Trade and Investment Ltd) के माध्यम से स्विस फर्म होल्सिम (Holcim) के साथ ट्रांजैक्शन पूरा करने और एक ओपेन ऑफर के बाद इस अधिग्रहण को पूरा किया है. Ambuja Cements and ACC Acquistion: अडानी ग्रुप ने शुक्रवार को कहा कि उसने अंबुजा सीमेंट्स और एसीसी लिमिटेड का अधिग्रहण पूरा कर लिया है.

अदाणी ग्रुप ने अंबुजा सीमेंट्स की अधिग्रहण प्रक्रिया पूरी कर ली है। इसके साथ ही अदाणी ...

दुनिया के दूसरे सबसे अमीर व्यक्ति गौतम अडानी (Gautam Adani) के बड़े बेटे करण अडानी (Karan Adani) ...

गौतम अडानी के बेटे करण संभालेंगे अडानी ग्रुप का यह नया कारोबार गौतम अडानी के बेटे करण संभालेंगे अडानी ग्रुप का यह नया कारोबार! [हिंदी न्यूज़](/) [बिजनेस](/business/)गौतम अडानी के बेटे करण संभालेंगे अडानी ग्रुप का यह नया कारोबार!

The 35-year-old reclusive Karan Adani, elder son of billionaire Gautam Adani, has bagged two key posts in the new cement business, which the Group, ...

RECOMMENDED Since Karan took over as CEO in January 2016, the company has been on a transformational path. The combined market capitalisation of Ambuja Cements and ACC is $19 billion. Additionally, he has been appointed as the non-executive chairman in ACC. So far, Karan Adani has been honing his skills at the Rs 15,934 crore port business, which is the largest commercial port which handles nearly one-fourth of the country's cargo. Sources familiar with the development have confirmed that Karan Adani has been appointed as non-executive director of Ambuja Cement.

Having completed the deal with Holcim, Gautam Adani and his son Karan Adani of the Adani Group have taken over the reins of Ambuja Cements and decided to ...

The anti-competition body has levied a fine of ₹1,164 crore on Ambuja Cement and ₹1,148 crore on ACC for indulging in an alleged price cartelistion case. Both ACC and Ambuja Cements have changed their accounting period to financial year April to March from the existing January to December Gautam Adani will take over as the Chairman of Ambuja Cements while his son Karan Adani will become an executive director. Designation of incumbent Managing Director and CEO Sridhar Balakrishnan has been changed to CEO and whole-time director. Karan Adani will take over as Chairman of ACC while Vinay Prakash and Arun Kumar Anand have been appointed as executive directors. Adani Group has paid ₹51,200 crore ($6.4 billion) to Switzerland-headquartered Holcim on Friday to acquire controlling stake in Ambuja Cement and ACC.

Ambuja Cement और एसीसी के अधिगहण के बाद अदानी समूह के पास सीमेंट के उत्पादन और मार्केटिंग ...

[Forbes Billionaires List: क्या मस्क को पछाड़कर अदानी बनेंगे दुनिया के सबसे अमीर व्यक्ति? अधिग्रहण के बाद अदानी की अंबुजा सीमेंट्स में 63.15 फीसदी और एसीसी में 56.69 फीसदी हिस्सेदारी होगी। बता दें कि इस साल मई में अदानी समूह ने घोषणा की थी कि उसने भारत में होल्सिम लिमिटेड के कारोबार में हिस्सेदारी हासिल करने के लिए एक सौदा किया है। इस समय अंबुजा सीमेंट्स और एसीसी की संयुक्त रूप से उत्पादन क्षमता 67.5 एमटीपीए है। दोनों कंपनियां भारत में सबसे मजबूत सीमेंट ब्रांडों में से हैं। कंपनी के पास 14 एकीकृत इकाइयों, 16 क्रसर इकाइयों, 79 मिक्स्ड कंक्रीट प्लांट हैं। आदित्य बिड़ला समूह की फर्म अल्ट्राटेक 100 एमटीपीए से अधिक की स्थापित क्षमता के साथ सीमेंट कारोबार में अग्रणी है। नई दिल्ली, एजेंसी। अदानी समूह (Adani Group) ने अंबुजा सीमेंट्स (Ambuja Cement) और एसीसी लिमिटेड (ACC Limited) का अधिग्रहण पूरा कर लिया है। वह देश की दूसरी सबसे बड़ी सीमेंट कंपनी बन गई है। एक बयान में कहा गया है कि अदानी परिवार ने एंडेवर ट्रेड एंड इनवेस्टमेंट लिमिटेड के माध्यम से स्विस फर्म होल्सिम के साथ लेन-देन पूरा कर लिया है।

Gautam Adani's Group has completed the acquisition of major cement players, Ambuja Cements and ACC. The Group has now become the second largest cement ...

देश की दो दिग्गज सीमेंट कंपनी अंबुजा सीमेंट और एसीसी का अधिग्रहण करीबन 10.5 अरब डाॅलर ...

जिससे देश और दुनिया में उनके सीमेंट कारोबार को तेजी के साथ बढ़ाया जा सके. इस डील के बाद अडानी ग्रुप भारत का दूसरा सबसे बड़ा सीमेंट मेकर बन गया है. ब्लूमबर्ग के अनुसार भारतीय अरबपति गौतम अडानी अपने बेटे को इस कारोबार में लाने के अलावा कई प्रमुख वरिष्ठ अधिकारियों को भी शामिल करने पर विचार बना रहे है. देश के बिल्डिंग मैटेरियल इंडस्ट्री (Building Material Industry) और अडानी ग्रुप का यह अब तक का सबसे बड़ा अधिग्रहण बताया जा रहा है. अब अडानी समूह का यह कारोबार उनके 35 साल के बेटे करण अडानी को संभालते दिखेंगे. चर्चा है कि अडानी ग्रुप में उन्हें पोर्ट कारोबार के अलावा भी कई नए काम सौपे जा सकते है.

The group acquired Switzerland-based Holcim's 63.1% stake in Ambuja Cements and 54.5% holding in ACC Limited.

We request you to support our award-winning journalism by making a financial contribution towards the Scroll Ground Reporting Fund. “The transaction involved the acquisition of Holcim’s stake in Ambuja and ACC along with an open offer in both entities as per SEBI [Securities and Exchange Board of India] regulations.” “What makes cement an exciting business is a headroom for growth in India, which exceeds that of every other country well beyond 2050,” Adani said in a statement. He had started the year as number 14 on the Bloomberg Billionaires Index. [Ultratech Cement](https://www.livemint.com/companies/news/adani-group-now-the-2nd-largest-cement-player-as-acquisition-of-ambuja-cements-acc-completes-11663329343722.html) is the largest player with a market valuation of over Rs 1.87 lakh crore, according to Mint. The acquisition of Ambuja Cements and ACC is the largest acquisition ever by the Adani Group, and India’s largest ever in the infrastructure and materials space.

Mumbai: The Adani Family, through Endeavour Trade and Investment Ltd, a special purpose vehicle, has successfully completed the acquisition of Ambuja ...

Adani Group named its founder chairman Gautam Adani as the head of Ambuja Cements and Karan was named as a director of both the cement firms and as chairman ...

Adani brought back former Ambuja Cement CEO and managing director Ajay Kapur to lead the company in the same role, taking over from Neeraj Akhoury.

The gap between Mukesh Ambani and Adani has widened by 40 per cent. Ambani, with $91 billion net worth, is ranked eighth in the world.

[companies](/companies) has been largely on account of valuation expansion and not so much on the back of earnings growth. [TCS](/topic/tcs) command a price-to-earnings (PE) multiple of less than 30 times. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. RIL, on the other hand, reported consolidated revenues of Rs 7.4 trillion and net profit of Rs 60,705 crore last financial year. Mukesh Ambani-led Reliance Group is in third position with market capitalisation (market cap/value) of Rs 17.16 trillion ($220 billion). As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. The Mukesh Ambani group has nine listed companies, but Reliance Industries (RIL) accounts for 98.5 per cent of the group’s market capitalisation. On other hand, RIL has gained 5.5 per cent and [TCS](/topic/tcs) has declined nearly 20 per cent. Adani Group’s wealth is well divided among its group firms, with Adani Transmission being the most valued Rs 4.57 trillion, accounting for only a fifth of the group market capitalisation. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Their acquisition is expected to add 15-20 per cent to Adani Group’s combined earnings in FY23.

Excluding ACC and Ambuja Cement, the Adani Group's market capitalisation has increased by nearly ₹10.16 lakh crore this year thanks to the sharp run-up in ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). [Holcim](/topic/holcim)said that the group had closed the sale of its business in India to the Adani Group for $ 6.4 billion. Indian equities tumbled close to 2% on Friday, tracking weakness in global markets, as stronger-than-expected economic readings in the US raised expectations of aggressive rate increases by the American central bank at next week’s policy meeting. On Friday, the nine listed firms of Adani group lost overall ₹40,000 crore market cap while Tata Group's market cap declined by nearly ₹60,000 crore. The combined market capitalisation of the Adani Group, including the newly-acquired Ambuja and ACC, stood at ₹22.25 lakh crore as on Friday. The completion of the acquisition of Ambuja Cement and

According to market watchers, a favourable business environment worked for Adani group of firms, which are 100 per cent India-centric.

On the other hand, the net profit of Adani Transmission, Adani Ports, Adani Green Energy and Adani Total Gas declined 61 per cent, 22.60 per cent, 0.90 per cent and 0.40 per cent, respectively, on YoY basis. For the latest quarter ended June 30, 2022, the consolidated profit of all listed Adani group firms jumped nearly 155 per cent year-on-year (YoY) to Rs 6,897.85 crore. Kranthi Bathini, Equity Strategist, WealthMills Securities said, “Macroeconomic environment for the businesses in which Adani group of firms are quite positive in the country. Adani Wilmar, which listed on bourses in February 2022, is also up over 100 per cent from the issue price of Rs 230. Data showed that the cumulative market valuation of the seven-listed Adani group of companies stood at Rs 20.86 lakh crore on September 16. According to market watchers, a favourable business environment worked for Adani group of firms, which are 100 per cent India-centric.