Ambuja Cements Acquires Penna Cement for ₹10,422 Cr
The deal, valued at ₹10,422 crore, will be fully funded through internal accruals. It includes the acquisition of 14 million tonnes per annum (MTPA) cement capacity, with an additional 4 MTPA capacity under construction at Jodhpur IU and Krishnapatnam GU, to be completed by the seller.