The company plans to add 15.4 MT capacity in the second half of the current fiscal year which will take its total capacity to 131 MT. The announcement comes in the backdrop of the Adani Group’s strategy to acquire assets.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000