Fixes Book Closure for Final Dividend
Ambuja Cements Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from March 20, 2017 to March 24, 2017 (both days inclusive) for the purpose of Payment of Final Dividend. Board recommends Final Dividend
Ambuja Cements Ltd has informed BSE that the Board of Directors at its meeting held on February 20, 2017 which commenced at 2.00 p.m. and concluded at 5.45 p.m. have approved the following:-- Declaration of dividendThe Board of Directors has recommended a final dividend on Equity Shares at the rate of Rs. 1.20 per share. With the interim dividend of Rs. 1.60 per share paid during the year, the total dividend for the year 2016 works... Announces Q4 & FY16 results (Standalone & Consolidated) & Auditors Report (Standalone & Consolidated) for the Quarter ended December 31, 2016
Ambuja Cements Ltd has announced the following results for the quarter & year ended December 31, 2016 The Audited Standalone results for the Quarter ended December 31, 2016:The Company has posted a net profit of Rs. 1758.80 million for the quarter ended December 31, 2016 as compared to Rs. 1099.60 million for the quarter ended December 31, 2015. Total Income has decreased from Rs. 24625.20 million for the quarter ended December 31,... Clarifies on news item
With reference to news flashed on CNBC TV18 dated February 06, 2017, "LafargeHolcim Mulling merger of ACC & Ambuja", Ambuja Cements Ltd has submitted to BSE a copy of Clarification is enclosed. Merger on the cards for ACC and Ambuja Cements?
Merger buzz is rising in the market of Lafarge Holcim considering a merger of ACC and Ambuja Cements. Both Ambuja and ACC stock have risen on the news - ACC stock had been tempered before the merger buzz due to weak Q3 results, that showed a 6.13% fall in its income compared to last year's Q3. LafargeHoclim holds a 63% stake in Ambuja Cements and 50% stake in ACC, and has been considering a merger to improve scale and operational efficiency. Clarification sought from Ambuja Cements Ltd
The Exchange has sought clarification from Ambuja Cements Ltd on February 06, 2017, with reference to news flashed on CNBC TV18 dated February 06, 2017. "LafargeHolcim Mulling merger of ACC & Ambuja"The reply is awaited. FY16 results on Feb 20, 2017
Ambuja Cements Ltd has informed BSE that the Meeting of the Board of Directors of the Company is scheduled to be held on February 20, 2017, inter alia, to consider and approve the Audited Annual Financial Results of the Company for the Corporate Financial Year ended December 31, 2016 (FY16) and declaration of Final Dividend on equity shares.Further, with reference to the earlier letter dated December 23, 2016, the Trading Window for dealing... Ambuja Cements to challenge CCI penalty in COMPAT
It was found to breach of competition norms on a tender floated by a Haryana state agency in 2012 Order of the Competition Commission of India (CCI)
Ambuja Cements Ltd has informed BSE regarding "Order of the Competition Commission of India (CCI)".