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Ambuja Cements Ltd News
NCLT approves merger of AEL's Adani Cementation with Ambuja Cements
The scheme is set to take effect from April 1, 2024, once all steps in the merger agreement are completed, as stated in the 70-page NCLT order
 "NCLT approves merger of AEL's Adani Cementation with Ambuja Cements")
Adani Group relocating key roles at ACC, Ambuja Cements to Ahmedabad: Rpt
People holding leadership roles are now based out of Ahmedabad but their teams are working from Mumbai and the teams have to spend a substantial time travelling back and forth between the cities
 "Adani Group relocating key roles at ACC, Ambuja Cements to Ahmedabad: Rpt")
Six Adani Group stocks locked in 5% lower circuit; ACC hits 52-week low
The slide in the stocks resumed after a report by The Ken claimed that the Adani group has not completely repaid its loans taken against the promoters' shares
 "Six Adani Group stocks locked in 5% lower circuit; ACC hits 52-week low")
Questions raised over Gautam Adani sibling Vinod's related party status
Issue stems from multiple disclosures made by the group; Promoter group entities are typically considered related parties
4 Adani group stocks locked in 5% upper circuits in weak market
Adani Group said it has completed full prepayment of margin linked share backed financing aggregating to $2.15 billion, well before committed timeline of 31 March 2023
 "4 Adani group stocks locked in 5% upper circuits in weak market")
Adani Group prepays entire financing for Ambuja Cements acquisition
The promoters have also prepaid a $500-million facility taken for Ambuja acquisition financing
 "Adani Group prepays entire financing for Ambuja Cements acquisition")
Adani Enterprises, ACC: Time to sell Adani group stocks after a sharp run?
Analyst recommends investors should wait for some constructive growth direction before venturing into the Group stocks.
 "Adani Enterprises, ACC: Time to sell Adani group stocks after a sharp run?")
Adani Group shares rally up to 10% as GQG Partners buy Rs 15,446 cr stake
The promoters plan to use the proceeds to retire debt and for other purposes.
Select Adani group shares rally; Adani Enterprises jumps 29% from day's low
Since January 24, the market value of 5 Adani group companies - Adani Total Gas, Adani Green Energy, Adani Transmission, Adani Power and Adani Enterprises - has declined between 52% and 83%
 "Select Adani group shares rally; Adani Enterprises jumps 29% from day's low")
Adani group shares extend fall; Adani Total Gas tanks 79% in one month
Adani Power (Rs 162.60), Adani Transmission (Rs 788.75), Adani Total Gas (Rs 834.95), Adani Green Energy (Rs 539.30) and Adani Wilmar (Rs 390.35) were locked at 5 per cent lower circuit today
