Adani Enterprises enters cement market, forms Adani Cement

14 Jun 2021 CW Team

Adani Enterprises informed stock exchanges on Saturday that it has incorporated a wholly-owned subsidiary named Adani Cement, making its way into the cement business in India.

Adani Enterprises informed that Adani Capital has authorised share capital of Rs 10 lakh and paid-up share capital of Rs 5 lakh. Its new subsidiary has 50,000 equity shares of Rs 10 per unit.

Adani Cement has registered with the Registrar of Gujarat on 11 June 2021, and it is yet to begin operations. The newly established company will work as a manufacturer, producer, and processor of all types of cement, Adani Enterprises said.

Adani Enterprises added $43 billion to its net worth in 2021. Its port-to-power conglomerate has an interest in sectors from FMCG to airport management and power transmission.

The government might have encouraged Adani's Cement business to revive capital expenditure, which is directly proportional to the performance of the sector.

The company might cause some disruption to the competitive cement industries in India, which are preparing for revival after the struggle from the Covid pandemic and earlier troubles.

Image Source

Also read: Flipkart ties up with Adani to set up logistics hub and data centre

Also read: Adani Enterprises bags Rs 1,838 cr highway project in Kerala

Infrastructure Urban

26 Jun 2026

PRS International marks 18 years of global advisory work

PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..

dormakaba showcases access solutions at iDAC Chandigarh

dormakaba recently participated in iDAC Chandigarh 2026 at JW Marriott, engaging with architects, interior designers, developers, hospitality professionals and industry experts. The access solutions brand showcased a range of security and architectural products, including Mechanical Key Systems, Digital Cylinder, C Lever, Lever Handle, AIDO’s SLYNK Profiled Door System and Hotel Lock. The company said AIDO’s solutions added a design-led architectural and hospitality dimension to its presence at the event. The SLYNK Profiled Door System drew attention for supporting modern interiors where ..

Tata Power Secures Karnataka Transmission Project

Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..