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Board of Ambuja Cements decides to put off merger with ACC

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Capital Market

At meeting held on 26 February 2018

The Board of Ambuja Cements at its meeting held on 26 February 2018 has decided not to pursue merger with ACC due to constraints of implementation of the merger, though it remains the ultimate goal. The Board has approved an arrangement with ACC for sale and purchase of materials and services on mutually agreed terms.

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First Published: Feb 27 2018 | 12:16 PM IST

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