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Ambuja Cements gets HC nod to amalgamate Holcim India with itself

26 Mar 2014 Evaluate

Ambuja Cements has received an approval from High Court of Gujarat and New Delhi for Scheme of Amalgamation of Holcim India with itself. The High Court of Gujarat has also approved the reduction of capital of the Company as envisaged in the Scheme.

Ambuja Cements was set up in 1986. In the last decade the company has grown tenfold. The total cement capacity of the company is 18.5 million tones. 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.

Peers
Company Name CMP
Ultratech Cement 10830.30
Ambuja Cements 384.05
ACC 1233.55
Shree Cement 21908.95
Dalmia Bharat 1690.00
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