Ambuja Cements-Penna Cement Merger Gets Green Light from NCLT Ahmedabad

Since Ambuja Cements had already acquired 99.94% of Penna Cement's paid-up equity share capital, the amalgamation represents a logical consolidation step to streamline ownership and operations.

Since Ambuja Cements had already acquired 99.94% of Penna Cement’s paid-up equity share capital, the amalgamation represents a logical consolidation step to streamline ownership and operations.

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