Cabinet approves proposal of M/s. Ambuja Cements Limited for acquisition of 24% shares in its holding company-Holcim (India) Private Limited

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....abinet approves proposal of M/s. Ambuja Cements Limited for acquisition of 24% shares in its holding company-Holcim (India) Private Limited <br>News and Press Release<br>Dated:- 21-7-2016<br><BR>The C....

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....abinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the proposal for M/s. Ambuja Cements Limited for acquisition of 24% shares in its holding company-H....

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....olcim (India) Private Limited from M/s. Holderind Investment Limited and subsequent reverse merger through a share swap. This would entail outflow of &#8377; 3500 crore. These transactions would enab....

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....le Lafarge Holcim group to create a linear corporate structure (with Ambuja and ACC becoming parent and subsidiary) with a view to harvest significant synergies from India operations. This will furthe....

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....r strengthen all India footprints, debt free balance sheet and cash flow generation, bringing in huge prospects for further expansion and creation of employment opportunities.<BR> News - Press release....

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.... - PIB....