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Adani Group Acquires Penna Cement for Rs. 10,422 Crores

June 13, 2024, 5:42 p.m.
  • Ambuja Cement, part of Adani Group, acquires Penna Cement at an enterprise value of Rs. 10,422 crores.
  • The acquisition adds 14 MTPA capacity, increasing the total capacity to 89 MTPA.…

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