![Adani Group to merge Sanghi Ind, Penna Cement with Ambuja Cements Adani Group to merge Sanghi Ind, Penna Cement with Ambuja Cements](https://cdn.magzter.com/1549608130/1734478637/articles/FsKIgkFuu7VlLezHBtAsys/ADANI-GROUP-TO-MERGE-SANGHI-IND-PENNA-CEMENT-WITH-AMBUJA-CEMENTS.jpg)
Ambuja Cements, on Tuesday, announced separate schemes of arrangement of its subsidiaries Saurashtra-based Sanghi Industries (SIL) and Andhra Pradesh-based Penna Cement Industries Limited (PCIL).
"This consolidation will help to streamline the organisation structure and simplify compliance requirements for effective governance," said a statement from the country's second-largest cement maker.
Bu hikaye The Free Press Journal dergisinin December 18, 2024 sayısından alınmıştır.
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Bu hikaye The Free Press Journal dergisinin December 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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