Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Adani's ₹31,000-cr open offer for ACC, Ambuja not fully subscribed
short by Srishty Choudhury / on Saturday, 10 September, 2022
Adani Group's open offer for the acquisition of a 26% stake in Swiss firm Holcim's two Indian-listed entities, ACC Limited and Ambuja Cements, for ₹31,000 crore closed without being fully subscribed. As on Friday, 40.61 lakh shares of the 4.8 crore ACC shares were tendered. For Ambuja Cements, 7.2 lakh shares of the 51.6 crore shares were tendered.
read more at Financial Express