Ambuja Cements acquires 46.8% stake in Orient Cement for Rs 8,100 crore

Ambuja Cements, an Adani Group company, is set to acquire a 46.8% stake in Orient Cement Ltd for Rs 8,100 crore, aiming to boost its capacity by 30 MTPA and reach 100 MTPA by FY 25. This strategic move will enhance Adani Cement’s pan-India market share and supports its growth plans through OCL’s efficient assets and strategic locations.