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Ambuja Cements, an Adani Group subsidiary, plans to expand its production capacity to 140 million tonne per annum (MTPA ) through acquisitions, driven by growing demand from infrastructure projects and urbanisation. This strategy aims to enhance its market position and operational efficiency. Incorporating advanced technologies and sustainable practices, the expansion highlights efforts to maintain the leadership position in the market, particularly as the construction sector continues to rebound post-pandemic.颁辞苍迟补肠迟:听Ambuja Cements罢别濒:听22-40667000贰尘补颈濒:听[email protected]奥别产蝉颈迟别:听www.ambujacement.coShree Cement and DPIIT Sign MoU to boost manufacturingShree Cement has signed an MoU with the Department for Promotion of Industry and Internal Trade (DPIIT) to support early-stage product start-ups in India鈥檚 manufacturing sector. The initiative offers infrastructure, mentorship, funding, and market access, guiding start-ups from prototype development to global expansion. It is also designed to facilitate emerging technologies like artificial intelligence (AI) and machine learning (ML) in manufacturing operations. DPIIT Director Sumeet Jarangal highlighted its role in strengthening India鈥檚 global position and promoting entrepreneurship in the cement and manufacturing industries.颁辞苍迟补肠迟:听Shree Cement罢别濒:听033-22309601奥别产蝉颈迟别:听www.shreecement.comNCLT approves Burnpur Cement's capital reduction schemeThe National Company Law Tribunal (NCLT), Kolkata, has approved Burnpur Cement's scheme for the reduction of capital, as outlined in an exchange filing by the company under Section 66 of the Companies Act, 2013. The scheme reduces its equity share capital from Rs.861 million (mn) to Rs.172.2 mn. The move aims to optimise the capital structure. The order specifies that the capital reduction will not affect any ongoing actions by government. Burnpur Cement will file the order with the Registrar of Companies (RoC) in e-form INC-28.Contact: Burnpur Cement罢别濒:听(33) 2262 3167贰尘补颈濒:听[email protected]奥别产蝉颈迟别:听www.burnpurcement.comAmbuja Cements seeks CCI nod for Orient Cement stakeAmbuja Cements has sought the Competition Commission of India (CCI) approval to acquire a majority stake in Orient Cement for `81 billion. The two-stage process involves acquiring 46.8 per cent via share purchase agreements, triggering an open offer for up to 26 per cent under SEBI rules. If fully accepted, Ambuja鈥檚 stake will rise to 72.8 per cent. The deal aims to add 16.6 million tonne per annum (MTPA ) to Ambuja鈥檚 capacity. Ambuja Cements currently operates 22 integrated cement plants, 10 bulk cement terminals, and 21 grinding units across the country.Contact: Ambuja Cements罢别濒:听22-40667000贰尘补颈濒:听corpcomm.adanicement@ adani.com奥别产蝉颈迟别:听www.ambujacement.comUltraTech Cement to raise Rs.30 Bn via NCDsUltraTech Cement plans to raise to听Rs.30 billion (bn) via nonconvertible debentures (NCDs) to strengthen its financial position. For Q2 FY2025, it reported a 36 per cent year-onyear loss in net profit to听Rs.8.25 bn, with revenue falling 2 per cent to Rs156.35 bn. The company increased domestic sales by 3 per cent and invested Rs.39.54 bn for a 32.7 per cent stake in India Cements expanding in South India, holding an 11 per cent market share in the region.颁辞苍迟补肠迟:听UltraTech Cement罢别濒:听22-66917800奥别产蝉颈迟别:听www.ultratechcement.com