Ambuja Cements
Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, is an Indian major cement producing company.[3] The Group's market cement and clinker for both domestic and export markets.
 | |
| Public | |
| Traded as | BSE: 500425 NSE: AMBUJACEM |
| Industry | Cement |
| Founded | 1983 |
| Headquarters | Mumbai, Maharashtra, India |
Key people | Suresh Kumar Neotia, Founder Narotam Sekhsaria,Co-Founder, Chairman[1] |
| Products | Cement |
| Revenue |  |
| Parent | LafargeHolcim |
| Website | www.ambujacement.com |
Partnership
The company has entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for INR 21.4 billion.[4]
Currently Holcim holds 61.62% of shares in Ambuja Cements. [5]
gollark: This might be fixable if you have some kind of zero-knowledge voting thing and/or ways for smaller groups of people to decide to produce stuff.
gollark: If you require everyone/a majority to say "yes, let us make the thing" publicly, then you probably won't get any of the thing - if you say "yes, let us make the thing" then someone will probably go "wow, you are a bad/shameful person for supporting the thing".
gollark: Say most/many people like a thing, but the unfathomable mechanisms of culture™ have decided that it's bad/shameful/whatever. In our society, as long as it isn't something which a plurality of people *really* dislike, you can probably get it anyway since you don't need everyone's buy-in. And over time the thing might become more widely accepted by unfathomable mechanisms of culture™.
gollark: I also think that if you decide what to produce via social things instead of the current financial mechanisms, you would probably have less innovation (if you have a cool new thing™, you have to convince a lot of people it's a good idea, rather than just convincing a few specialized people that it's good enough to get some investment) and could get stuck in weird signalling loops.
gollark: So it's possible to be somewhat insulated from whatever bizarre trends are sweeping things.
See also
References
- "Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest". The Hindu Business Line. Retrieved 16 July 2010.
- "Ambuja Cements appoints Neeraj Akhoury as MD and CEO". Live Mint. Retrieved 20 February 2020.
- "Ambuja Cements India - Gujarat Ambuja Cement Limited Profile - Ambuja Cements History". Iloveindia.com. 21 July 2007. Retrieved 16 July 2010.
- "Swiss co Holcim cements deal with Ambuja for ACC". The Hindu Business Line. 21 January 2005. Retrieved 16 July 2010.
- "Swiss co Holcim cements deal with Ambuja for ACC". Business Standard. 16 November 2016.
External links
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