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Ambuja Cements incorporates three wholly-owned subsidiaries

23 Sep 2023 Evaluate

Ambuja Cements (ACL) has incorporated 3 new wholly-owned subsidiary companies. These subsidiaries are named as LOTIS IFSC, Ambuja Concrete North Private and Ambuja Concrete West.

LOTIS IFSC has been acquired to carry on the business of owning and leasing of Aircraft. Ambuja Concrete North Private and Ambuja Concrete West have been acquired to carry on the business of manufacturing and dealing in cement, RMX and allied products and by-products.

Ambuja Cements is engaged in manufacturing and marketing of cement and clinker for both domestic and export markets. It is a material company of Adani Cement and part of the diversified Adani Group.


Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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