24−26 April 2025
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Venue: Bombay Exhibition Centre,
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News

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/
 
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