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Adani Group enters cement business, incorporates Adani Cement Industries

Adani Enterprises Ltd on Saturday said it has incorporated a wholly-owned subsidiary namely Adani Cement Industries Ltd (ACIL) on June 11.
Adani Group, which has presence in ports, airports, power, gas distribution, among others, is set to enter the cement business.
Adani Enterprises Ltd on Saturday said it has incorporated a wholly-owned subsidiary namely Adani Cement Industries Ltd (ACIL) on June 11.
ACIL, which has an authorised share capital of Rs 10 lakh and a paid-up share capital of Rs 5 lakh, is yet to commence its business operations, Adani Enterprises said in an exchange filing.

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