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.