Ambuja Cements to set up projects worth Rs 3,500 crore across India

25 Jul 2013

Ambuja Cements has received an approval for setting up a 2.17 MTPA Greenfield clinkerization project at Marwar Mundwa, Nagaur district in state of Rajasthan and three Clinker Grinding units of 1.5 MTPA capacity each at Marwar Mundwa in Rajasthan, Dadri (phase II) in Uttar Pradesh and Osara in Madhya Pradesh at an approximate cost of Rs 3,500 crore. The board of director at its meeting held on July 24, 2013 has approved for the same.

The board has also approved the purchase of shares constituting 24% of Holcim (India) (HIPL) from Holderind Investments and subsequent amalgamation of HIPL with the company.

Ambuja Cements was set up in 1986. The total cement capacity of the company is 18.5 million tonnes. Its plants are some of the most efficient in the world. With environment protection measures that are on par with the finest in the developed world.

Related Ambuja Cements Ltd. Links:

Ambuja Cement Share Price

259.35 3.40 (1.33%) Jan 19, 12:59
1 Year Price Chart
Company Name CMP
Ultratech Cement 5443.20
ACC 1704.45
Shree Cement 23969.30
Ambuja Cement 259.35
Dalmia Bharat 1125.05
View more..
Sensex vs Ambuja Cement
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323