Mumbai, March 28 -- The Adani family has injected Rs 6,661 crore into Ambuja Cement, elevating its stake in the company to 66.7%.

This follows a previous investment of Rs 5,000 crore, executed through warrants authorized by the board in October 2022.

As per official documentation, this recent investment represents a 3.6% rise in the familys ownership of Ambuja.

Altogether, the Adani family has now infused a total of Rs 11,661 crore into Ambuja since acquiring it.

Ambuja Cements Whole Time Director and CEO, Ajay Kapur, said that this injection of funds allows the firm capital flexibility to accelerate growth, manage capital, and maintain a robust balance sheet.

This infusion of funds provides Ambuja capital flexibility for fast-tracke...