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Ambuja Cements merges with Holcim (India) Pvt Ltd

PRIVATEApr 03, 2025

Acquiring Company

Ambuja Cements

Acquired Company

Holcim (India) Pvt Ltd

MumbaiMumbaiManufacturingConstructionBuilding MaintenanceBuilding MaterialWholesale Building MaterialsWholesaleConstruction

Description

Ambuja Cements is currently facing a legal challenge regarding a merger with Holcim (India) Pvt Ltd. The Delhi high court has issued a notice over a stamp duty demand in relation to this merger. The dispute revolves around whether the merger should be classified as a conveyance subject to stamp duty requirements. Both companies assert their legal positions regarding the stamp duty implications.

Quick answer

Ambuja Cements is acquiring Holcim (India) Pvt Ltd, announced April 3, 2025. Ambuja Cements is based in Mumbai, Maharashtra, India.

How much did Ambuja Cements pay for Holcim (India) Pvt Ltd?
The deal value was not disclosed.
What does Ambuja Cements do?
Ambuja Cements Ltd. is among the leading cement companies in India.
Where are Ambuja Cements and Holcim (India) Pvt Ltd based?
Ambuja Cements is based in Mumbai, Maharashtra, India. Holcim (India) Pvt Ltd is based in Mumbai, Maharashtra, India.
Who are the decision-makers at Ambuja Cements?
Fundz holds 4 contacts at Ambuja Cements. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Ambuja Cements

Location

Mumbai, Maharashtra, India

About

Ambuja Cements Ltd. is among the leading cement companies in India. It is a member of the Adani Group - the largest and fastest-growing portfolio of diversified sustainable businesses. Ambuja Cement is known for its hassle-free, home-building solutions. Its unique products tailor-made for Indian climatic conditions, sustainable operations and initiatives that advance the company's philosophy of contributing to the larger good of the society have made it the most trusted brand in the Indian cement industry.

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Related People

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Sanjay
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Naresh
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Rahul
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Frequently asked

Who acquired Holcim (India) Pvt Ltd?

Holcim (India) Pvt Ltd was acquired by Ambuja Cements, based in Mumbai. The deal was reported on April 3, 2025. Ambuja Cements Ltd. is among the leading cement companies in India. It is a member of the Adani Group - the largest and fastest-growing portfolio of diversified sustainable businesses. Ambuja Cements is privately held and operates in Manufacturing.

When did Ambuja Cements acquire Holcim (India) Pvt Ltd?

Ambuja Cements's acquisition of Holcim (India) Pvt Ltd was reported on April 3, 2025. Ambuja Cements is currently facing a legal challenge regarding a merger with Holcim (India) Pvt Ltd. The Delhi high court has issued a notice over a stamp duty demand in relation to this merger. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Holcim (India) Pvt Ltd do?

Holcim (India) Pvt Ltd is a subsidiary of Holderind Investments Ltd., Mauritius. The company specializes in the production of cement and offers various construction solutions. It aims to support infrastructure development in India. It is privately held, operating in Construction, and is based in Mumbai.

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