Ambuja Cements acquires a majority stake in Sanghi Industries at a $729 million valuation

Ambuja Cements acquires a majority stake in Sanghi Industries at a $729 million valuation.

India’s Ambuja Cements is planning to bolster its cement portfolio by acquiring a majority stake, in Sanghi Industries.

[{"selector":"#anim-f37f3d8f-ecd3-440b-8dd9-bd835e5255e5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0653a102-8c8f-4764-ae1f-770fcfba9268","keyframes":{"transform":["translate3d(0px, 58.93828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c2bd4eae-63e9-4a03-ae04-e545cba5a7c1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e5e738a5-20f3-4fb9-9e3a-e4541b993d6f","keyframes":{"transform":["translate3d(0px, 169.44442%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f1330afb-18b5-4ca8-8603-d84f68fb786b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.90624987200394%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Gautam Adanis’s company signifies their commitment to expanding in the sector.

[{"selector":"#anim-d149cfc3-4f9e-4414-a480-865f94d32913","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0df99c91-e534-449d-b51e-4be7ab3231ed","keyframes":{"transform":["translate3d(0px, 58.93828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7febcb7b-78fa-4d9b-8f0e-bf0ffb1694c2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e728927d-95a3-4c0c-8c80-6aa495e57c20","keyframes":{"transform":["translate3d(0px, 241.31052%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fdd383e8-d9f6-4b03-afbe-72af3770ae0e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-44.66911740994707%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Sanghi has established itself as a significant contributor to the industry.

[{"selector":"#anim-b7a95a7f-602d-4d0e-aebe-104b6b80d77d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8cd6d648-a7e4-4870-abfa-5e637319b8fe","keyframes":{"transform":["translate3d(0px, 58.93828%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a1e4b321-cff9-4894-9829-8602a7dc61a9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-94e712a0-05ab-4d20-ba4a-85c58493c1f2","keyframes":{"transform":["translate3d(0px, 240.02849%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-05e37f04-02cd-4bde-be24-7d7b50673536 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]