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Ambuja Cements Successfully Acquires Sanghi Industries in a Strategic Move
2023-12-08
Ambuja Cements has accomplished a significant milestone in the cement industry with the successful completion of its acquisition of Sanghi Industries. The strategic move, valued at Rs 5,185 crore, positions Ambuja Cements for enhanced market presence and increased production capabilities. This acquisition strengthens Ambuja Cements' position as a key player in the construction and infrastructure sectors, consolidating its footprint in the Indian cement market. The deal underscores the company's commitment to growth and its strategic vision for the future.
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