Ambuja Cements

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Ambuja Cements Limited
TypePublic
BSE: 500425
NSE: AMBUJACEM
IndustryBuilding materials
Founded1983
HeadquartersMumbai, Maharashtra, India
Key people
Suresh Kumar Neotia, Founder
Narotam Sekhsaria,Co-Founder, Chairman[1]
Neeraj Akhoury, Managing Director & CEO[2]
ProductsCement
RevenueIncrease ₹27,684 crore (US$3.7 billion) (2020)[3]
Decrease ₹4,025 crore (US$530 million) (2020)[3]
Decrease ₹2,763 crore (US$370 million) (2020)[3]
Total assetsIncrease ₹40,182 crore (US$5.3 billion) (2020)[3]
Total equityIncrease ₹23,680 crore (US$3.1 billion) (2020)[3]
Number of employees
4,625 (2020)[3]
ParentHolcim Group
Websitewww.ambujacement.com

Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, is an major Indian cement producing company.[4] The Group markets cement and clinker for both domestic and export markets.

Partnership[]

The company has entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for INR 21.4 billion.[5]

Currently Holcim holds 61.62% of the shares in Ambuja Cements. [6]

See also[]

References[]

  1. ^ "Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest". The Hindu Business Line. Retrieved 16 July 2010.
  2. ^ "Ambuja Cements appoints Neeraj Akhoury as MD and CEO". Live Mint. Retrieved 20 February 2020.
  3. ^ a b c d e f "Ambuja Cements Ltd. Financial Statements". moneycontrol.com.
  4. ^ "Ambuja Cements India – Gujarat Ambuja Cement Limited Profile – Ambuja Cements History". Iloveindia.com. 21 July 2007. Retrieved 16 July 2010.
  5. ^ "Swiss co Holcim cements deal with Ambuja for ACC". The Hindu Business Line. 21 January 2005. Retrieved 16 July 2010.
  6. ^ "Swiss co Holcim cements deal with Ambuja for ACC". Business Standard. 16 November 2016.

External links[]

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