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HomeEconomyBillionaire Gautam Adani's family increases stake in Ambuja Cement

Billionaire Gautam Adani’s family increases stake in Ambuja Cement

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BENGALURU (Reuters) – Indian billionaire Gautam Adani’s family has increased its stake in building materials company Ambuja Cements after it infused 66.61 billion rupees ($799.05 million) in equity, Ambuja Cements said in an exchange filing on Thursday.

($1 = 83.3620 Indian rupees)

(Reporting by Manvi Pant in Bengaluru; Editing by Sonia Cheema)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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