Latest Markets Business BEEPS Earnings Personal Finance

Adani Promoter Arm Holderind Investments To Sell 2.84% In Ambuja Cement

The Group portfolio management—Holderind Investments—will sell approximately 6.99 crore shares, which is a 2.84% stake in Ambuja Cements.

NDTV Profit Desk

File photo of Gautam Adani. (Source: Vijay Sartape/NDTV Profit)

Holderind Investments Ltd., a company owned by billionaire Gautam Adani and his family, plans to divest $500 million worth of shares or 2.84% stake in Ambuja Cements Ltd. The value of the deal is Rs 4197.8 crore at the floor price according to the terms of deal viewed by NDTV Profit.

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
GET REGULAR UPDATES
Beeps Img

Maharashtra Rains: 10 Dead, Hundreds Displaced; CM Says Next 48 Hours Crucial

  • chevron-double-right Heavy rains in Maharashtra caused 10 deaths and widespread flooding across several districts
  • chevron-double-right Mumbai received a record 300 mm rainfall, halting train services and disrupting flights
  • chevron-double-right Over 1,100 people were evacuated in Thane, Palghar, and Mumbai due to rising water levels
More Beeps chevron-right

RECOMMENDED FOR YOU

Ambuja Cement Q1 Review — Motilal Oswal Maintains 'Buy' On Above Estimate Results
timelogo Aug 01, 2025
ITR Filing Last Date: Missed The July 31 Deadline? Check Extended Due Date And Other Key Details
timelogo Jul 31, 2025
Adani Group Seeks CCI Approval To Acquire Jaiprakash Associates
timelogo Jul 22, 2025
NCLT Approves Merger Of Adani Cementation With Ambuja Cements
timelogo Jul 20, 2025

POPULAR

1
Mumbai Rains Update: School Holiday Declared For Tomorrow? BMC Clarifies
2
Online Gaming Bodies Write To Amit Shah, Seek Urgent Intervention Against Bill
3
Centre To Bring Bills For Removal Of PM, Union Minister, UT CM Held On Serious Criminal Charges
4
Nasdaq 100 Falls 1.5% As Nvidia Leads Megacap Rout: Markets Wrap
5
Karnataka Assembly Passes Bill For Welfare Of Gig Workers