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Adani family invests additional ₹8,339 crore in Ambuja Cements, raises stake to 70.3%
short by Daisy Mowke / on Wednesday, 17 April, 2024
Billionaire Gautam Adani and his family have infused an additional ₹8,339 crore in Ambuja Cements, raising their stake in the firm to 70.3%. The latest investment follows infusion of ₹5,000 crore on October 18, 2022, and ₹6,661 crore on March 28, 2024. With this, the family has fully subscribed to the warrants program in the company by infusing ₹20,000 crore.
read more at Hindustan Times