Ambuja Cement share

Adani group firms Ambuja Cement Ltd and ACC Ltd on Thursday said no shares of the companies have been pledged by the promoters, who have only provided a ...

The promoters have only provided a non-disposal undertaking and accordingly, there is no requirement of providing any top-up of shares of Ambuja and ACC or cash top-up under the acquisition financing raised last year," it added. In a joint statement to stock exchanges, Ambuja Cement Ltd and ACC Ltd termed as "misleading" reports of pledging of shares by the promoters as part of financing their acquisition. Adani group firms Ambuja Cement Ltd and ACC Ltd on Thursday said no shares of the companies have been pledged by the promoters, who have only provided a "non-disposal undertaking".

Further, the stock exchange also stated that the shortlisting of securities under ASM is purely on account of market surveillance, and it should not be ...

On identification of above stocks, clarification shall be sought from the company about any corporate announcement, if any that has not been disseminated to market. It also said that will return money to its investors amid ongoing controversy after American short seller, Hindenburg Research, accused the company of using tax havens and flagged debt concerns in a report. Accordingly, if a stock is not meeting entry criteria on the review date, it would be moved out of Short-term ASM framework. Meanwhile, Adani Enterprises crashed over 26 percent to close at Rs 1,564.70 apiece on BSE on February 2. The ASM list is a list of securities that get monitored due to factors like price fluctuation, volatility, volume variance, etc. NSE, in its circular released on February 2, noted that applicable rate of margin shall be 50 percent or existing margin, whichever is higher, subject to maximum rate of margin capped at 100 percent w.e.f.

When a stock is included in the ASM list, it serves as a warning to the investors about unusual activity in the stock.

The notification issued by the [NSE](/topic/nse) said, "Market participants may note that ASM framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time". [Companies](/companies) are put under the ASM list for a variety of reasons like unusual price movement, volume variation, etc. The ASM framework was established in 2018.

Credit Suisse Group AG has stopped accepting bonds of Gautam Adani's group of companies as collateral for margin loans to its private banking clients, ...

TRENDING [Sensex plunges 2,000 pts in two hours as Budget rally fizzles out. A potential trigger for lowering could be any rating downgrade, the Bloomberg report suggested. It had previously offered a lending value of about 75 per cent for the Adani Ports notes, one of the people told Bloomberg. ACC, on the other hand, declined 11.13 per cent to Rs 1,750. Ambuja Cements fell 20 per cent to Rs 320.80.

We would like to clarify that none of the shares of Ambuja or ACC has been pledged by Promoters. The Promoters have only provided a non-disposal undertaking ...

[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). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) [Adani Enterprises Cancels FPO, to Refund Investors](/epaper/delhicapital/2023/feb/02/et-front/adani-enterprises-cancels-fpo-to-refund-investors/articleshow/97535948.cms) [Budget Envisages PM’s Vision of Amrit Kaal](/epaper/delhicapital/2023/feb/02/et-front/budget-envisages-pms-vision-of-amrit-kaal/articleshow/97535941.cms) [FM Delivers Balanced Budget, Minus Freebies](/epaper/delhicapital/2023/feb/02/et-front/fm-delivers-balanced-budget-minus-freebies/articleshow/97535944.cms) [Adani group](/topic/adani-group)firms [Ambuja](/topic/ambuja)Cement Ltd and [ACC](/topic/acc)Ltd termed as "misleading" reports of pledging of shares by the promoters as part of financing their acquisition.

Adani Group-owned ACC and its promoter entity, Ambuja Cements, clarified on Thursday that none of the shares of Ambuja or ACC has been pledged by its ...

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