AMBUJA CEMENTS GETS RS 8,339 CR

The capital increase is through the issuance of company warrants

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The promoter family of Adani Group has invested an additional Rs 8,339 crore ($1.1 billion) into Ambuja Cements, bringing their total investment to Rs 20,000 crore ($2.7 billion). The investment will be used to expand Ambuja Cements' annual production capacity to 140 million tonnes by 2028, doubling its current capacity.