Adani family pours Rs 6.7k crore into Ambuja

Adani family pours Rs 6.7k crore into Ambuja

MUMBAI: Billionaire Gautam Adani-controlled Adani Group has infused Rs 6,661 crore in Ambuja Cements and raised its stake by 3.6% to 66.7%, a company release said. Harmonia Trade & Investment, an arm of the group, converted 21.2 crore warrants into shares at the rate of Rs 314 per share. In Thursday’s strong market, Ambuja Cements … Read more