Ambuja Cement raises ₹5,000 crore through Adani's family firm
Ambuja Cement on Tuesday said it has issued 47.74 crore warrants at a price band of ₹418.87 to Adani family firm Harmonia Trade and Investment and raised ₹5,000 crore. The warrants, issued on preferential basis to Harmonia, have a face value of ₹2. Harmonia Trade and Investment has until now paid ₹104.72/warrant, which is around 25% of the issue price.