Sanghi Industries is loss making business that Adani ( Ambuja Cements ) will transform

 

  • Ambuja Cements open offer to Sanghi Industries at Rs 121.90.
  • https://youtu.be/sLbDL5SXzYU?si=jLQRnhFB-nab9G-0
  • Sanghi Industries is loss making business that Adani ( Ambuja Cements )  will transform
  • ACL in a separate statement informed that it "successfully completes acquisition of Sanghi Industries, funded entirely through internal accruals" at an enterprise value of Rs 5,185 crore.
  • SIL, has a 2,700-hectare integrated manufacturing unit at Sanghipuram in coastal Gujarat. It has India's largest single-location cement and clinker production facility.
  • Recognizing the Adani Group's expertise in marine infrastructure, plans are underway to expand the Sanghipuram port's capacity to handle larger vessels, facilitating cost-effective transportation of clinker and cement via sea routes
  • it has a captive jetty in Sanghipuram, which Adani group plans to make investments to expand the captive port capacity of to handle vessel sizes of 8,000 DWT (deadweight tonnage), Adani Ports and Special Economic Zones (APSEZ) CEO Karan Adani had said while announcing the deal.

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