Ambuja Cements gets nod to buy 24% stake in Holcim India

Ambuja Cements gets nod to buy 24% stake in Holcim India

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Ambuja Cements Ltds planned acquisition of a 24% stake in Holcim India Pvt. Ltd, paving the way for the proposed restructuring of the holding pattern of Holcim’s India units, ACC Ltd and Ambuja Cements Ltd.

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