25−27 April 2024
Asia’s most definitive expo
for Roofing & Allied products!

Venue: Bangalore International
Exhibition Centre, Bengaluru, India


18 January 2024

ACC to acquire additional 55% stake in ACCPL

ACC, the cement and building material company of Adani Group, has agreed to acquire 55% equity stake in Asian Concretes and Cements (ACCPL) for Rs 425.96 crore, the company said in a BSE filing.
It has existing holding of 45% equity stake in the company.Entire acquisition is funded through internal accruals and upon completion of the acquisition ACCPL will become a wholly-owned subsidiary of the company.

Source : https://constrofacilitator.com/acc-to-acquire-additional-55-stake-in-accpl/