Ambuja Cements Limited, the cement and building material company of the diversified Adani Group, recently announced the signing of a binding agreement for the acquisition of Penna Cement Industries ...

Hyderabad-based cement maker Penna Cement Industries Ltd has filed its draft red herring prospectus with the capital markets regulator to float an initial public offering (IPO). The proposed IPO size ...

Jefferies has give a 'buy' call on Ambuja Cements with a target price of Rs 735 per share, post the announcement of acquisition of Penna Cement Industries for Rs 10,442 crore. Penna Cement files Rs ...

Ahmedabad (Gujarat) [India], June 14 (ANI): Acquiring Penna Cement will increase Ambuja Cements' presence in India, particularly in South India, besides making way to markets in neighbouring Sri Lanka ...

NEW DELHI: Ambuja Cements, the cement and building material company of Adani Group, has signed a binding agreement for the acquisition of Penna Cement Industries (PCIL) at an enterprise value of Rs 10 ...

With an eye on the southern markets, Ambuja Cements Ltd last week announced plans to acquire Hyderabad-based Penna Cement Industries Ltd. Penna has a cement manufacturing capacity of 14 million tonnes ...

Mumbai: Penna Cement Industries Ltd is planning to raise Rs1,300 crore through an initial public offering (IPO) and will file its draft offer documents with the markets regulator in the next two ...

Penna Cement IPO comprises a fresh issue of Rs 1,300 crore and an offer for sale of up to Rs 250 crore by the promoter PR Cement Holdings. Penna Cement files Rs 1,550-cr IPO papers with Sebi The IPO ...

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