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Adani's Ambuja Cements to buy My Home Group's grinding unit in TN for Rs 413.75 crore

By Economic Times - 6 months ago
Ambuja Cements, part of the Adani Group, is set to acquire My Home Group's Tuticorin cement grinding unit in Tamil Nadu for Rs 413.75 crore. The deal enhances their coastal presence in southern markets, adding 1.5 MTPA capacity and leveraging existing infrastructure and employee base for a smooth transition.

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