Ambuja Cements Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting
31-07-2025 | 01:41 pm
31-07-2025 | 01:41 pm
Ambuja Cements has announced a board meeting. The company reported strong financial results for the quarter, with consolidated total income at ₹10,545.76 Cr and profit after tax reaching ₹969.66 Cr. Key strategic moves include the completed acquisition of a 72.66% stake in Orient Cement for ₹5,903.03 Cr. The NCLT has sanctioned the amalgamation scheme for Adani Cementation Limited, and merger schemes for Sanghi and Penna Cement are progressing, awaiting NCLT approval. An indemnification claim of ₹40 Cr was also received. The Board approved the appointment of Mr. Shobhit Dwivedi as Internal Auditor, effective October 1, 2025.
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