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An announcement from Ambuja Cements Limited ( (IN:AMBUJACEM) ) is now available.
Ambuja Cements Limited has reported to stock exchanges that there have been no deviations or variations in the use of proceeds from its preferential issue of equity shares (arising from warrant conversion) for the quarter ended 31 December 2025. Of the total Rs 15,000.046 crore raised in two tranches in March and April 2024, the company has utilised Rs 14,895.1 crore as planned toward capital expenditure, de-bottlenecking projects, logistics infrastructure, ESG-related plant optimisation, acquisitions, consolidation, working capital, technology investments and general corporate purposes. The utilisation statement, reviewed by the Audit Committee, indicates full alignment with previously stated objectives, signalling disciplined capital deployment and governance for investors and regulators.
More about Ambuja Cements Limited
Ambuja Cements Limited is a leading Indian cement manufacturer, operating in the building materials industry with a focus on cement and related products for infrastructure and construction markets. Now part of the Adani Group, the company serves domestic and international markets and invests in capacity expansion, logistics infrastructure, plant optimisation and ESG-focused upgrades to strengthen its competitive position in India’s growing construction sector.
Average Trading Volume: 115,368
Technical Sentiment Signal: Hold
Current Market Cap: 1319.7B INR
For a thorough assessment of AMBUJACEM stock, go to TipRanks’ Stock Analysis page.