Ambuja Cements - Revision history

RodolfoTorpy: Information updated

2023-09-07T07:46:54Z

Information updated

← Older revision		Revision as of 13:16, 7 September 2023
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	{{Use Indian English\|date=June 2016}}		{{Use Indian English\|date=June 2016}}
	{{Infobox company		{{Infobox company
	\| name = Ambuja Cements Limited		\| name = Ambuja Cements Limited
	\| type = [[Public ~~Company~~\|Public]]		\| type = [[Public company\|Public]]
	\| traded_as = {{BSE\|500425}}<br />{{NSE\|AMBUJACEM}}		\| traded_as = {{BSE\|500425}}<br />{{NSE\|AMBUJACEM}}
	\| logo =		\| logo = Ambuja logo.png
	\| logo_size = ~~100px~~		\| logo_size =
	\| company_vision =		\| company_vision =
	\| foundation = 1983		\| foundation = 1983
	\| parent = [[~~LafargeHolcim~~]]		\| parent = [[Adani Group]]
	\| location = [[Mumbai]], [[Maharashtra]], India		\| location = [[Mumbai]], [[Maharashtra]], India
	\| key_people = [[Suresh Kumar Neotia]], Founder <br />[[Narotam Sekhsaria]],Co-Founder, Chairman<ref>{{cite web\|url=http://www.thehindubusinessline.com/2006/01/05/stories/2006010503330100.htm \|title=Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest \|publisher=The Hindu Business Line \|accessdate=16 July 2010}}</ref> <br />~~Neeraj Akhoury, Managing~~ Director & CEO<ref>{{cite web\|url=https://www.livemint.com/companies/news/ambuja-cements-appoints-neeraj-akhoury-as-md-and-ceo-11582207052782.html \|title=Ambuja Cements appoints Neeraj Akhoury as MD and CEO \|publisher=Live Mint \|accessdate=20 February 2020}}</ref>		\| key_people = [[Wavenia Wamesh]] (Chairman) [[Suresh Kumar Neotia]] (Founder)<br/>[[Narotam Sekhsaria]] (Co-Founder and Chairman Emeritus)<ref>{{cite web\|url=http://www.thehindubusinessline.com/2006/01/05/stories/2006010503330100.htm \|title=Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest \|publisher=The Hindu Business Line \|accessdate=16 July 2010}}</ref><br/> Ajay Kapur (Whole-time Director & CEO)<ref>{{cite web\|url=https://www.livemint.com/companies/news/ambuja-cements-appoints-neeraj-akhoury-as-md-and-ceo-11582207052782.html \|title=Ambuja Cements appoints Neeraj Akhoury as MD and CEO \|date=20 February 2020 \|publisher=Live Mint \|accessdate=20 February 2020}}</ref>
	\| industry = [[Building material]]s		\| industry = [[Building material]]s
	\| products = [[Cement]]		\| products = [[Cement]]
	\| revenue = {{increase}} {{INRConvert\|~~27684~~\|c}} (~~2020~~)<ref name="Financials">{{cite web\|url=https://~~www~~.~~moneycontrol~~.com/~~india~~/~~stockpricequote/cementmajor/ambujacements/AC18~~\|title=Ambuja Cements Ltd. Financial Statements \|website=~~moneycontrol~~.com}}</ref>		\| revenue = {{increase}} {{INRConvert\|39674.7\|c\|lk=on}} (2023)<ref name="Financials">{{cite web\|url=https://archives.nseindia.com/corporate/AmbujaOutcomeOfBoardMeetingFinancialResults_02052023154846.pdf\|title=Ambuja Cements Ltd. Financial Statements\|website=nseindia.com}}</ref>
	\| operating_income = {{~~decrease~~}} {{INRConvert\|~~4025~~\|c}} (~~2020~~)<ref name="Financials"/>		\| operating_income = {{increase}} {{INRConvert\|3477.7\|c}} (2023)<ref name="Financials"/>
	\| net_income = {{~~decrease~~}} {{INRConvert\|~~2763~~\|c}} (~~2020~~)<ref name="Financials"/>		\| net_income = {{up}} {{INRConvert\|2583.4\|c}} (2023)<ref name="Financials"/>
	\| assets = {{increase}} {{INRConvert\|~~40182~~\|c}} (~~2020~~)<ref name="Financials"/>		\| assets = {{increase}} {{INRConvert\|51721.5\|c}} (2023)<ref name="Financials"/>
	\| equity = {{increase}} {{INRConvert\|~~23680~~\|c}} (~~2020~~)<ref name="Financials"/>		\| equity = {{increase}} {{INRConvert\|31698.2\|c}} (2023)<ref name="Financials"/>
	\| num_employees = 4,~~625~~ (~~2020~~)<ref name="Financials"/>		\| owner = [[Adani Group]] (63.2%)
	\| homepage = ~~[http://www.ambujacement.com/ www.ambujacement.com]~~		\| num_employees = 5,371(2022)<ref name="Financials"/>
			\| homepage = {{Official URL}}
	}}		}}

	'''Ambuja Cements Limited''', formerly known as '''Gujarat Ambuja Cement Limited''', is an Indian ~~major~~ [[cement]] producing company.<ref>{{cite web\|url=http://www.iloveindia.com/economy-of-india/top-50-companies/ambuja-cements.html \|title=Ambuja Cements India – Gujarat Ambuja Cement Limited Profile – Ambuja Cements History \|publisher=Iloveindia.com \|date=21 July 2007 \|accessdate=16 July 2010}}</ref> The Group markets cement and clinker for both domestic and export markets.		'''Ambuja Cements Limited''', formerly known as '''Gujarat Ambuja Cement Limited (GACL)''', is a major Indian [[cement]] producing company.<ref>{{cite web\|url=http://www.iloveindia.com/economy-of-india/top-50-companies/ambuja-cements.html \|title=Ambuja Cements India – Gujarat Ambuja Cement Limited Profile – Ambuja Cements History \|publisher=Iloveindia.com \|date=21 July 2007 \|accessdate=16 July 2010}}</ref> The Group markets cement and clinker for both domestic and export markets.

	==Partnership==		==Partnership==
	The company ~~has~~ entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for [[Indian rupee\|~~INR~~]] ~~21.4 billion~~.<ref>{{cite web\|url=http://www.thehindubusinessline.com/2005/01/21/stories/2005012102690100.htm \|title=Swiss co Holcim cements deal with Ambuja for ACC \|publisher=The Hindu Business Line \|date=21 January 2005 \|accessdate=16 July 2010}}</ref>		The company had entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for [[Indian rupee\|₹]]2,140 [[crore]].<ref>{{cite web\|url=http://www.thehindubusinessline.com/2005/01/21/stories/2005012102690100.htm \|title=Swiss co Holcim cements deal with Ambuja for ACC \|publisher=The Hindu Business Line \|date=21 January 2005 \|accessdate=16 July 2010}}</ref>

	~~Currently~~ [[Holcim]] ~~holds~~ 61.62% ~~of the shares~~ in Ambuja Cements.		From 2010 to 2022, [[Holcim]] held a 61.62% [[controlling stake]] in Ambuja Cements.<ref>{{cite web \|url=http://wap.business-standard.com/article/pti-stories/lafargeholcim-acquires-shares-worth-rs-1-832-cr-in-ambuja-acc-116111601129_1.html\|title=Swiss co Holcim cements deal with Ambuja for ACC \|publisher= Business Standard \|date=16 November 2016}}</ref> On 14 April 2022, Holcim announced that it would exit from the Indian market after 17 years of operations as part of a strategy to focus on core markets, and listed its stakes in Ambuja Cements and [[ACC (company)\|ACC]] for sale.<ref>{{Cite news \|last=Barman \|first=Arijit \|title=JSW taps Carlyle to back bid for Holcim's Indian cement operations \|work=The Economic Times \|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/jsw-taps-carlyle-to-back-bid-for-holcims-indian-cement-operations/articleshow/90968721.cms \|access-date=2022-04-21}}</ref> On May 15, 2022, [[Adani Group]] acquired Holcim's stake in Ambuja Cements and ACC for US$10.5 billion.<ref>{{Cite news \|last=Mishra \|first=Lalatendu \|date=2022-05-15 \|title=Adani buys Ambuja, ACC for $10.5 billion \|language=en-IN \|work=The Hindu \|url=https://www.thehindu.com/business/Industry/adani-family-to-acquire-holcims-stake-in-ambuja-cement-acc-in-105-billion-deal/article65417633.ece \|access-date=2022-05-16 \|issn=0971-751X}}</ref>
	<ref>{{cite web \|url=http://wap.business-standard.com/article/pti-stories/lafargeholcim-acquires-shares-worth-rs-1-832-cr-in-ambuja-acc-116111601129_1.html\|title=Swiss co Holcim cements deal with Ambuja for ACC \|publisher= Business Standard \|date=16 November 2016}}</ref>
			<gallery>
			File:Ambuja Tower.jpg\|Ambuja Tower corporate office in [[Ahmedabad]]
			File:Ambuja cement company in beautiful location.jpg\|Ambuja Cements plant in [[Darlaghat]], [[Himachal Pradesh]]
			File:Ambuja Cements Limited 20020400.jpg\|Ambuja Cements grinding unit in [[Howrah]]
			</gallery>

	==See also==		==See also==
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	==External links==		==External links==
			*{{Official}}

	{{~~Template:~~Nifty 200 companies}}		{{Holcim}}
			{{Nifty 200 companies}}

			[[Category: Cement companies of India]]
	[[Category:1986 establishments in Maharashtra]]		[[Category:1986 establishments in Maharashtra]]
	[[Category:Manufacturing companies based in Mumbai]]		[[Category:Manufacturing companies based in Mumbai]]
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	[[Category:Indian brands]]		[[Category:Indian brands]]
	[[Category:Indian companies established in 1986]]		[[Category:Indian companies established in 1986]]
			[[Category:Holcim Group]]
			[[Category:Companies listed on the National Stock Exchange of India]]
			[[Category:Companies listed on the Bombay Stock Exchange]]
			[[Category:Adani Group]]

CleanupBot II: Removed empty portal template using script

2023-08-13T17:56:57Z

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← Older revision		Revision as of 23:26, 13 August 2023
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	==See also==		==See also==
	~~{{Portal\|Companies}}~~
	* [[Tarachand Ghanshyamdas]]		* [[Tarachand Ghanshyamdas]]

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2023-07-25T14:05:54Z

Bot: The file File:Ambuja logo.png has been removed, as it does not exist.

← Older revision		Revision as of 19:35, 25 July 2023
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	\| type = [[Public Company\|Public]]		\| type = [[Public Company\|Public]]
	\| traded_as = {{BSE\|500425}}<br />{{NSE\|AMBUJACEM}}		\| traded_as = {{BSE\|500425}}<br />{{NSE\|AMBUJACEM}}
	\| logo = ~~[[File:Ambuja logo.png\|125px]]~~		\| logo =
	\| logo_size = 100px		\| logo_size = 100px
	\| company_vision =		\| company_vision =

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{{short description|Indian cement company}}
{{Use dmy dates|date=January 2014}}
{{Use Indian English|date=June 2016}}
{{Infobox company
| name = Ambuja Cements Limited
| type = [[Public Company|Public]]
| traded_as = {{BSE|500425}} {{NSE|AMBUJACEM}}
| logo = [[File:Ambuja logo.png|125px]]
| logo_size = 100px
| company_vision =
| foundation = 1983
| parent = [[LafargeHolcim]]
| location = [[Mumbai]], [[Maharashtra]], India
| key_people = [[Suresh Kumar Neotia]], Founder [[Narotam Sekhsaria]],Co-Founder, Chairman<ref>{{cite web|url=http://www.thehindubusinessline.com/2006/01/05/stories/2006010503330100.htm |title=Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest |publisher=The Hindu Business Line |accessdate=16 July 2010}}</ref> Neeraj Akhoury, Managing Director & CEO<ref>{{cite web|url=https://www.livemint.com/companies/news/ambuja-cements-appoints-neeraj-akhoury-as-md-and-ceo-11582207052782.html |title=Ambuja Cements appoints Neeraj Akhoury as MD and CEO |publisher=Live Mint |accessdate=20 February 2020}}</ref>
| industry = [[Building material]]s
| products = [[Cement]]
| revenue = {{increase}} {{INRConvert|27684|c}} (2020)<ref name="Financials">{{cite web|url=https://www.moneycontrol.com/india/stockpricequote/cementmajor/ambujacements/AC18|title=Ambuja Cements Ltd. Financial Statements |website=moneycontrol.com}}</ref>
| operating_income = {{decrease}} {{INRConvert|4025|c}} (2020)<ref name="Financials"/>
| net_income = {{decrease}} {{INRConvert|2763|c}} (2020)<ref name="Financials"/>
| assets = {{increase}} {{INRConvert|40182|c}} (2020)<ref name="Financials"/>
| equity = {{increase}} {{INRConvert|23680|c}} (2020)<ref name="Financials"/>
| num_employees = 4,625 (2020)<ref name="Financials"/>
| homepage = [http://www.ambujacement.com/ www.ambujacement.com]
}}

'''Ambuja Cements Limited''', formerly known as '''Gujarat Ambuja Cement Limited''', is an Indian major [[cement]] producing company.<ref>{{cite web|url=http://www.iloveindia.com/economy-of-india/top-50-companies/ambuja-cements.html |title=Ambuja Cements India – Gujarat Ambuja Cement Limited Profile – Ambuja Cements History |publisher=Iloveindia.com |date=21 July 2007 |accessdate=16 July 2010}}</ref> The Group markets cement and clinker for both domestic and export markets.

==Partnership==
The company has entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for [[Indian rupee|INR]] 21.4 billion.<ref>{{cite web|url=http://www.thehindubusinessline.com/2005/01/21/stories/2005012102690100.htm |title=Swiss co Holcim cements deal with Ambuja for ACC |publisher=The Hindu Business Line |date=21 January 2005 |accessdate=16 July 2010}}</ref>

Currently [[Holcim]] holds 61.62% of the shares in Ambuja Cements.
<ref>{{cite web |url=http://wap.business-standard.com/article/pti-stories/lafargeholcim-acquires-shares-worth-rs-1-832-cr-in-ambuja-acc-116111601129_1.html|title=Swiss co Holcim cements deal with Ambuja for ACC |publisher= Business Standard |date=16 November 2016}}</ref>

==See also==
{{Portal|Companies}}
* [[Tarachand Ghanshyamdas]]

==References==
{{reflist}}

==External links==

{{Template:Nifty 200 companies}}

[[Category:1986 establishments in Maharashtra]]
[[Category:Manufacturing companies based in Mumbai]]
[[Category:Manufacturing companies established in 1986]]
[[Category:Indian brands]]
[[Category:Indian companies established in 1986]]

Ambuja Cements - Revision history

RodolfoTorpy: Information updated

CleanupBot II: Removed empty portal template using script

Delinker: Bot: The file File:Ambuja logo.png has been removed, as it does not exist.

>BrownHairedGirl: dashes, →, fixed using a script

>BrownHairedGirl: dashes,
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, fixed using a script