Business Update27 Aug 2024, 03:43 pm
Holderind Investments Ltd Sells 2.76% Shares of Ambuja Cements Ltd for ~INR 3,466 Crores
AI Summary
Holderind Investments Ltd, a holder in concert with other shareholders of Ambuja Cements Ltd, has sold 6,79,56,000 equity shares (2.76%) on 23rd August 2024. This sell-off represents 70.29% of the total diluted share/voting capital of Ambuja Cements Ltd, listed on BSE Limited and National Stock Exchange of India Limited. The total consideration for the shares is approximately INR 3,466 crores.
Key Highlights
- Holderind Investments Ltd sells 2.76% shares of Ambuja Cements Ltd
- Transaction value is approximately INR 3,466 crores
- Sale includes 6,79,56,000 equity shares
- Ambuja Cements Ltd shares are listed on BSE Limited and National Stock Exchange of India Limited
- Transaction occurred on 23rd August 2024