Adani Group-Owned Ambuja Cements Gets NCLT Nod to Merge Sanghi Industries
The National Company Law Tribunal (NCLT) has approved the merger of Sanghi Industries Ltd. with Ambuja Cements Ltd., a company owned by the Adani Group, marking a significant consolidation in India’s cement sector. This merger is expected to strengthen Ambuja’s market presence, expand production capacity, and enhance its footprint in western India, particularly Gujarat, where…