AI assistant
Ambuja Cements Ltd. — Capital/Financing Update 2024
Aug 16, 2024
59365_rns_2024-08-16_391324ad-7ac2-4027-a82a-00f5b1dad6c6.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [59 x 26] intentionally omitted <==
==> picture [68 x 48] intentionally omitted <==
August 16, 2024
| National Stock Exchange of India LimitedScrip Code:AMBUJACEM | BSE LimitedScrip Code:500425 | LuxembourgStockExchangeCode: US02336R2004 |
|---|
Sub.: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’)
Ref.: Update on acquisition of Penna Cement Industries Limited (“PCIL”)
Dear Sir / Madam,
We, vide our letter dated June 13, 2024, informed to the stock exchange that the Board of Directors of Ambuja Cements Limited (Company) at their meeting held on June 13, 2024 approved the acquisition of 100% stake in Penna Cement Industries Limited (“PCIL”) by way of entering into binding agreement.
In this regard, we would like to further inform that the Company has completed the acquisition of PCIL on 16[th] August, 2024. Consequently, PCIL has become a subsidiary of the Company effective from today i.e. 16[th] August, 2024.
The aforesaid information is also being placed on the website of the Company at www.ambujacement.com
Kindly take the same on record.
Thanking you,
Yours Sincerely,
For Ambuja Cements Limited
Manish Vinodchandra Mistry Digitally signed by Manish Vinodchandra Mistry DN: c=IN, o=Personal, title=6862, 2.5.4.20=4a40cf551f16e069b510d62dabb2fe3844092022ab13f41ba7cecec54b84835d, postalCode=390011, st=Gujarat, serialNumber=22e5c090745d8aa6215231e47ce2beb81d0422fc266339ee63d2026d0c6a15c4, cn=Manish Vinodchandra Mistry Date: 2024.08.16 13:07:26 +05'30'
Manish Mistry Company Secretary & Compliance Officer
Ambuja Cements Limited Registered Office: Adani Corporate House Shantigram, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India Ph +91 79-2656 5555 www.ambujacement.com CIN: L26942GJ1981PLC004717