Ambuja Cements has received an approval for the renewal of the current Technology and Know-How Agreement (TKH Agreement) with Holcim Technology (HTL) pursuant to which the company pays TKH fees at 1 % of net sales each year, to HTL, for a period of 2 years with effect from January 01, 2021 on the same terms as the present TKH Agreement. The Board of Directors of the company at its meeting held on December 23, 2020, has approved the same.
Ambuja Cements is engaged in manufaacturing and marketing of cement and clinker for both domestic and export markets.
