Pan-India Expansion

Ambuja Cement To Expand Pan-India With Penna Cement Acquisition

Ambuja Cement has revealed its plans to purchase all the shares of Penna Cement Industries Limited, thereby making Penna Cement a fully owned subsidiary of Ambuja Cements. This acquisition aims to expand Ambuja Cements' footprint in India, especially in South India, and open up opportunities in markets like Sri Lanka,...