Cement because merger to lift margins: Adani Group
Adani Group is merging ACC and Orient Cement into Ambuja Cements to boost margins by Rs 100 per tonne and streamline operations. This move, along with planned integrations of Sanghi Industries and Penna Cement, aims to eliminate related-party transactions and unlock efficiencies. The consolidations will reduce costs and enhance Ambuja's operational control over its acquired cement assets.
Adani Group is merging ACC and Orient Cement into Ambuja Cements to boost margins by Rs 100 per tonne and streamline operations. This move, along with planned integrations of Sanghi Industries and Penna Cement, aims to eliminate related-party transactions and unlock efficiencies. The consolidations will reduce costs and enhance Ambuja's operational control over its acquired cement assets.
