Ambuja Cements
Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, is an Indian major cement producing company.[4] The Group markets cement and clinker for both domestic and export markets.
| Traded as | BSE: 500425 NSE: AMBUJACEM |
|---|---|
| Industry | Building materials |
| Founded | 1983 |
| Headquarters | Mumbai, Maharashtra, India |
Key people | Suresh Kumar Neotia, Founder Narotam Sekhsaria,Co-Founder, Chairman[1] Neeraj Akhoury, Managing Director & CEO[2] |
| Products | Cement |
| Revenue |  ₹27,684 crore (US$3.2 billion) (2020)[3] |
 ₹4,025 crore (US$460 million) (2020)[3] | |
| ₹2,763 crore (US$320 million) (2020)[3] | |
| Total assets | ₹40,182 crore (US$4.6 billion) (2020)[3] |
| Total equity | ₹23,680 crore (US$2.7 billion) (2020)[3] |
Number of employees | 4,625 (2020)[3] |
| Parent | LafargeHolcim |
| Website | www.ambujacement.com |
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 INR 21.4 billion.[5]
Currently Holcim holds 61.62% of the shares in Ambuja Cements. [6]
See also
References
- ↑ "Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest". The Hindu Business Line. Retrieved 16 July 2010.
- ↑ "Ambuja Cements appoints Neeraj Akhoury as MD and CEO". Live Mint. Retrieved 20 February 2020.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 "Ambuja Cements Ltd. Financial Statements". moneycontrol.com.
- ↑ "Ambuja Cements India – Gujarat Ambuja Cement Limited Profile – Ambuja Cements History". Iloveindia.com. 21 July 2007. Retrieved 16 July 2010.
- ↑ "Swiss co Holcim cements deal with Ambuja for ACC". The Hindu Business Line. 21 January 2005. Retrieved 16 July 2010.
- ↑ "Swiss co Holcim cements deal with Ambuja for ACC". Business Standard. 16 November 2016.