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Tag: gautam adani

Adani Group Stocks: Merger of Adani companies! Orient Cement up 10%; Ambuja Cements rises more than 4% – what should investors do? – market

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ACC Orient Cement Merger News: Shares of Ambuja Cements and Orient Cement rose in intraday trading on Tuesday, December 23. The companies announced that their boards have approved the plan to merge the two Adani Group companies. Meanwhile, shares of ACC went into the red. Orient Cement shares rose nearly 10 percent in morning trade…

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ACC-Ambuja-Orient Cement Merger: How will the shares be divided? What will change for investors? , EXPLAINED – Market

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ACC Orient Cement Merger: Ambuja Cements, backed by veteran businessman Gautam Adani, has approved the merger with its subsidiary ACC Limited and the parent company of Orient Cement. The objective of this merger is to create a single, integrated cement platform. The company said the move is aimed at simplifying the group’s structure and strengthening…

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