Ambuja Cements’ shares rose after announcing the merger of Sanghi Industries and Penna Cement. Sanghi shareholders will receive 12 Ambuja shares for every 100 they own. This merger boosts Ambuja’s cement production capacity, aiming to exceed 100 MTPA by the fiscal year-end. The move streamlines operations and enhances shareholder value.
PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any ‘adverse’ outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects,
June 30, 2026