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Ambuja Cements acquires Sanghi Industries at ₹5,185 cr

Ambuja Cements Limited (ACL), the cement and building material company of the diversified Adani Group, is pleased to announce the successful completion of the acquisition of Sanghi Industries Limited (SIL), marking a significant milestone in its growth journey. This strategic acquisition, valued at an Enterprise Value of ₹5,185 crore, enhances Ambuja Cement’s market presence underscoring Adani Group’s steadfast commitment to India’s housing and infrastructure development.