Ambuja Cements announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 2 May 2025.Powered by Capital Market - Live News

The Board of Ambuja Cements at its meeting held on 28 March 2025 has approved the following:Appointment of Vinod Bahety (DIN: 09192400) as Additional Director and Wholetime Director and Chief Executive Officer (Key Managerial Personnel) of the Company for a term of three (3) years with effect from 1 April 2025; Appointment of Rakesh Tiwary as Chief Financial Officer (Key Managerial Personnel) of the Company with effect from 1 April 2025;Cessation of Vinod Bahety as Chief Financial Officer of the Company effective from closure of the business hours on 31 March 2025;Appointment of Praveen Garg (DIN: 00208604) as an Additional Director (Non Executive and Independent) on the Board of the Company for a term of three (3) consecutive years with effect from 1 April 2025. Powered by Capital Market - Live News

Net profit of Ambuja Cements rose 156.64% to Rs 2115.33 crore in the quarter ended December 2024 as against Rs 824.25 crore during the previous quarter ended December 2023. Sales rose 14.76% to Rs 9328.56 crore in the quarter ended December 2024 as against Rs 8128.80 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales9328.568128.80 15 OPM %18.3521.31 - PBDT3000.051865.82 61 PBT2336.071449.70 61 NP2115.33824.25 157 Powered by Capital Market - Live News

Ambuja Cements will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live News

Ambuja Cements has successfully commissioned and started power transmission from its 200 MW solar power project in Khavda . The balance 806 MW capacity from this project is at various stages of commissioning and expected to start transmitting in phases between March 2025 and June 2025. Positively impacting the theCompany`s EBITDA, this development leads to an impressive 70% savings compared to current power cost. The Company has received standing clearance for its 200 MW Solar Power Project from the Western Regional Load Dispatch Centre (WRLDC), effective 12th December 2024. This first phase of its ambitious Green Energy Project, paves the way for further value unlocking for the Company`s Rs. 10,000 Cr investment towards green power - 1 GW of Renewable Energy, including Solar and Wind, along with 376 MW of Waste Heat Recovery Systems (WHRS).Of the remaining 806 MW capacity from this project, 156 MW of Wind Power from Khavda and a further 300 MW Solar Power from Rajasthan are expected to be comissioned by March 2025 in phases. The balance 350 MW Solar power is expected to be commissioned by June 2025.Powered by Capital Market - Live News