|₹442.5 / ₹241.75|
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Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim, is among the leading cement companies in India. The company sells cement under the Ambuja brand. As of 31st December 2018, the company has 6 direct subsidiaries, 1 joint venture and 1 joint operation. Ambuja Cements Ltd (ACL) was incorporated on 20th October 1981 as Ambuja Cements Pvt. Ltd. The company was established as a joint venture between the public sector Gujarat Industrial Investment Corporation (GIIC) and Narottam Sekhsaria & Associates. In May 19, 1983, the company was rehabilitated into a public limited company. Subsequently, the company name was changed to Gujarat Ambuja Cements Ltd.