The Economic Times News

Adani Group consolidates cement assets: Ambuja Cements to merge ACC & Orient Cement

Adani Group is consolidating its cement assets, merging ACC Ltd and Orient Cement into Ambuja Cements to create a single pan-India entity. This strategic move aims to enhance operational efficiency, strengthen the balance sheet, and boost profitability. The merger, subject to regulatory approvals, is expected to unlock significant synergies and drive long-term shareholder value.