In October 2022, Ambuja Cements issued warrants totalling ₹20,000 crore to the Adanis on a preferential basis at ₹418.8 per share. The company received ₹5,000 crore, or 25%, of the warrant issue as the mandatory upfront payment.
The Board of Directors also approved the first interim dividend of Rs 2.50 on the face value of paid-up equity shares of Rs 10 each
JSW Steel’s net sales and profit after tax (PAT) for Q2FY25 are expected to decline significantly. Various brokerages predict revenue to decrease by up to
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