Adani Investment: Adani invested thousands of crores in Ambuja Cement, got more than 70 percent stake

Adani family's stake in Ambuja Cement, the country's second largest listed cement company, has now increased to more than 70 percent. For this, the Adani family under the leadership of Gautam Adani has made a new investment of more than Rs 8,300 crore.

Adani family made this much investment

Ambuja Cement made this new investment late on Wednesday evening. Gave information about. He told that it has received fund infusion of Rs 8,339 crore from the promoter Adani family. Adani Family has made this investment by fully subscribing to the warrant program of Ambuja Cement. With this new fund infusion, the stake of promoter Adani family in Ambuja Cement has increased to 70.3 percent.

Total investment of Rs 20 thousand crores

Adani family had earlier also invested in Ambuja Cement. Funds have been invested in cement. After this new investment, the total fund infusion of Adani family in Ambuja Cement has reached Rs 20 thousand crore. The family had earlier invested Rs 5 thousand crore in October 2022 and Rs 6,661 crore in March 2024. Adani family's stake in Ambuja Cement has increased by 3.6 percent due to new investment of more than Rs 8 thousand crore. Adani family already had about 67 percent stake in Ambuja Cement.

Status of Ambuja Cement shares

Ambuja Cement is the second largest listed cement company in India. On Tuesday, its shares closed at Rs 622 with a rise of 2.50 percent. The market was closed on Wednesday on the occasion of Ram Navami. The impact of the new funds received from the Adani family can be seen on the shares of Ambuja Cement in Thursday's trading.

Acquired 2 years ago

Gautam Adani, the country's second richest person. Adani Group had acquired Ambuja Cement in the year 2022. Adani Group is aggressively increasing its share in the domestic cement market. The group's expansion plans were greatly strengthened by the acquisition of Ambuja Cement and ACC Cement. After the acquisition of Adani Group, the share prices of Ambuja Cement have increased more than double.

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