Cement Price: Adani Group took a big step as soon as it took over the cement business, now it will be worth crores

National Desk:
Adani Group: Adani Group has entered the cement business recently.  Now Adani Group is engaged in increasing its business.  Meanwhile, Ambuja Cements Limited said that all the proposals placed in its EGM have got the approval of the shareholders.  The company gave this information to the stock exchanges.  With this, now the company is going to raise crores of rupees, so that it can expand its business.  A resolution was also passed for this.  Which has been accepted by the shareholders.
    The company said that in the EGM a special resolution was also passed to raise Rs 20,000 crore by issuing securities on a preferential basis to Adani Group company Harmonia Trade and Investment Ltd.  91.37 percent of the shareholders voted in favor of this proposal.
    Apart from this, the proposal to appoint Adani Group Chairman Gautam Adani, his son Karan Adani and two directors along with four independent directors on the board of Ambuja Cements was also approved by the shareholders.  Gautam Adani was not present at the EGM and the meeting was presided over by his son Karan Adani.