• India CSR Awards 2025
  • Guest Posts
Thursday, August 28, 2025
  • Login
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
Home Business

Adani Group acquires Penna Cement at enterprise value of Rs. 10,422 crore

Ambuja enters into binding agreement to acquire 100% stake in PCIL, moving towards its target capacity of 140 MTPA by 2028

India CSR by India CSR
June 13, 2024
in Business
Reading Time: 2 mins read
Gautam Adani I India CSR

Gautam Adani, Chairman, Adani Group at India CSR Network

Share Share Share Share
  • Acquisition adds 14 MTPA capacity, total now 89 MTPA in Andhra Pradesh, Telangana, and Rajasthan (under-construction)

AHBEDABAD (India CSR): Ambuja Cements Limited, the cement and building material company of the diversified Adani Group, today announced the signing of a binding agreement for the acquisition of Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs. 10,422 crore. Ambuja will acquire 100% shares of PCIL from its existing promoter group P. Pratap Reddy and family. The acquisition will be fully funded through internal accruals.

“This landmark acquisition is a significant step forward in Ambuja Cements’ accelerating growth journey,” said Ajay Kapur, CEO & Whole Time Director of Ambuja Cements. “By acquiring PCIL, Ambuja is poised to expand its market presence in south India and reinforce its position as a pan-India leader in the cement industry. PCIL’s strategic location and sufficient limestone reserves provide an opportunity to increase cement capacity through debottlenecking and additional investment. Importantly, the bulk cement terminals (BCTs) will prove to be a gamechanger by giving access to the eastern and southern parts of peninsular India, apart from an entry to Sri Lanka, through the sea route. Our aim is to make PCIL highly competitive on cost and productivity and improve its operating performance.”

Adani Group acquires Penna Cement at enterprise value of Rs. 10,422 crore
IRA
  • Surplus clinker at Jodhpur plant will support additional 3 MTPA cement grinding capacity
  • Strengthens Adani Cement’s Sea transportation logistics with five bulk cement terminals at Kolkata, Gopalpur, Karaikal, Kochi and Colombo to serve peninsular India
  • Company will improve Adani Cement’s market share pan India by ~2%, south India by ~8%

PCIL has 14 MTPA cement capacity, of which 10 MTPA is operational, and the remaining is under construction at Krishnapatnam (2 MTPA) and Jodhpur (2 MTPA) and will be completed within 6 to 12 months. Around 90% of the cement capacity comes with railway sidings, and some are supported by captive power plants and waste heat recovery systems. Further, surplus clinker at the Jodhpur plant will support an additional 3 MTPA cement grinding capacity over and above 14 MTPA. 

The existing dealers of PCIL will move to Adani Cement’s market network to bring in formidable synergy.

(India CSR)

IndiaCSR Whatsapp Channel
I AM PEACEKEEPER MOVEMENT
ADVERTISEMENT
India CSR Awards 2025
ADVERTISEMENT
FKCCI CSR & Sustainability Conference 2025
ADVERTISEMENT
National STEM Challenge 2025
ADVERTISEMENT
Tags: Adani GroupGautam AdaniPenna Cement

India CSR offers strategic corporate outreach opportunities to amplify your brand’s CSR, Sustainability, and ESG success stories.

📩 Contact us at: biz@indiacsr.in

Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.

India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

RBI
Business

RBI fines Kalaburagi & Yadgir DCC Bank ₹50,000 for KYC non-compliance

1 day ago
RBI
Business

RBI imposes ₹2 lakh penalty on Anand Mercantile Co-operative Bank

1 day ago
‘Z’ Elevates Laxmi Shetty as Head – Advertisement Revenue, Broadcast & Digital
Business

‘Z’ Elevates Laxmi Shetty as Head – Advertisement Revenue, Broadcast & Digital

2 days ago
Future-ready India lies in STEM and AI, says Devendra Fadnavis, Maharashtra CM
Business

Maharashtra’s Reform Push Amid Global Tariff Headwinds

6 days ago
Anant Ambani Faces Resistance to Reliance Board Seat, Raising Concerns About Corporate Governance
Business

Mukesh Ambani Targets to Double Reliance by FY30

1 week ago
Future-ready India lies in STEM and AI, says Devendra Fadnavis, Maharashtra CM
Business

Devendra Fadnavis govt bags ₹42,893 cr in MoUs; 28,558 jobs

1 week ago
Load More
I AM PEACEKEEPER
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
National STEM Challenge
ADVERTISEMENT

LATEST NEWS

Chhattisgarh Demands Return of Wildlife from Ambani’s Vantara

RBI Absorbs ₹1,83,26,34,20,000 Liquidity Through Operations on August 27

How Cushion Covers Can Help Elevate Your Home Interior

CitiusTech Joins UN Global Compact to Advance Sustainable Healthcare Innovation

CSR: Essar Foundation supports Team India for the World Youth Scrabble Championship 2025

Failing the Future: By Design

TOP NEWS

RBI Announces Inter-Bank Hindi Essay Competition 2025-26, Topic on Tariffs, Global Trade and India

Multi-Metal Future to be Hindustan Zinc’s strategic imperative as part of 2x growth strategy, says Priya Agarwal Hebbar

उदयपुर में आयोजित होने वाली वेदांता जिंक सिटी हाफ मैराथन में 30 दिन शेष, धावकों में उत्साह

PM Modi’s Degree Will Not Be Made Public, Rules Delhi High Court

A Closer Look at What Makes a Malayali Matrimony App Culturally Relevant

आवास योजना पर लिस्ट करें अपनी प्रॉपर्टी – 1,000+ बुकिंग्स, Rs 1,500 करोड़ का लक्ष्य और देशव्यापी पहुँच

Load More
STEM Learning STEM Learning STEM Learning
ADVERTISEMENT

Advertisement

Image Slider
content writing services Guest Post Top 5 Reasons to have Sponsored Posts at India CSR – India’s Largest CSR Media R2V2 Technologies Private Limited

Interviews

Jayatri Dasgupta, CMO of PayNearby and Program Director of Digital Naari
Interviews

Empowering Rural Women: An Interview with Jayatri Dasgupta, CMO, PayNearby & Program Director, Digital Naari

by India CSR
August 27, 2025

Empowering Women at the Last Mile: A Conversation on Digital Naari’s Social Impact By Rusen Kumar NEW DELHI (India CSR): Jayatri...

Read moreDetails
Dr. Huzaifa Khorakiwala

Peace A Shared Responsibility: Dr. Huzaifa Khorakiwala

August 23, 2025
Dr. V. Kumar - Director of The Lodha Mathematical Sciences Institute (LMSI) Mumbai

Mathematics Will Drive India’s Development: An Exclusive Interview with Prof. V. Kumar Murty

August 22, 2025
Elevate 2025: Music, Movement, and Mentorship Shaping Tomorrow’s Leaders

Elevate 2025: Music, Movement, and Mentorship Shaping Tomorrow’s Leaders

August 14, 2025
Load More
ADVERTISEMENT
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. They need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

donate at indiacsr

  • About India CSR
  • Team
  • India CSR Awards 2025
  • Partnership
  • Guest Posts
  • Services
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2025 - India CSR | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
×
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2025 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.