Ambuja Cements to merge recently acquired Penna Cement, Sanghi Industries

Ambuja Cements to merge recently acquired Penna Cement, Sanghi Industries

Construction workers working with cement. Photo: Pixabay

India’s Ambuja Cements will merge two of its recently purchased units into the company, it said on Tuesday, in a bid to streamline the structure of the Adani Group’s cement businesses and simplify compliance requirements.

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