Ambuja Cements Ltd

Gujarat Ambuja Cement Limited is a subsidiary of Ambuja Cements Limited. It is the fourth-largest cement manufacturer in India. Narotam Sekhsaria and Suresh Neotia, two traders with minimal expertise of cement or manufacturing, founded Ambuja Cement in 1983.

LafargeHolcim, a worldwide business, owns Ambuja Cements Ltd. It is one of India's most well-known cement companies, with a reputation for providing simple home-building solutions. Since 2006, the company has had a cooperation with Holcim, the world's second-largest cement maker.

Holcim had purchased a 14.8% promoters' share in GACL for INR 21.4 billion in January. Holcim now owns 61.62 percent of Ambuja Cements' stock. From a single plant in 1986 with a capacity of 700,000 TPA to a cement behemoth in 2016 with eight cement grinding units and five integrated cement manufacturing plants with a combined capacity of 29.65 MTPA.

Founded: 1983

Register office: Mumbai

Market Cap: Rs. 50,405.60 Cr.

Website: https://www.ambujacement.com/