Ambuja Cements seeks CCI nod for Orient Cement stake
Cement

Ambuja Cements seeks CCI nod for Orient Cement stake

Ambuja 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 vi...

Ambuja 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’s stake will rise to 72.8 per cent. The deal aims to add 16.6 million tonne per annum (MTPA ) to Ambuja’s capacity. Ambuja Cements currently operates 22 integrated cement plants, 10 bulk cement terminals, and 21 grinding units across the country. Contact: Ambuja Cements Tel: 22-40667000 Email: corpcomm.adanicement@ adani.com Website: www.ambujacement.com

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Real Estate

StarBigBloc Gets Shareholders’ Nod for IPO to Fund Expansion

StarBigBloc Building Material, a wholly owned subsidiary of BigBloc Construction Ltd (BSE: 540061), has received shareholder approval to raise funds through an Initial Public Offering (IPO). The move is aimed at unlocking shareholder value, securing growth capital, and potentially enhancing the overall valuation of BigBloc Construction. The IPO proposal was approved during the company’s Extraordinary General Meeting (EGM) held on 13th June 2025. The process remains subject to regulatory approvals, market conditions, and other applicable clearances. “This is a significant mileston..

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Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

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Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

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