ACC sells shares to Ambuja Cement

ACC sells shares to Ambuja Cement
Published: 27 June 2006

The Associated Cement Companies(ACC) has sold 38,75,627 shares aggregating to 2.07 per cent of the total share capital of the company between May 31, 2006 and June 14, 2006, to Ambuja Cement India. The mode of acquisition is through open market and the shareholding of Ambuja Cement after the said acquisition is 6,58,37,528 shares, aggregating to 35.23 per cent of the total share capital of The Associated Cement Companies(ACC).