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Sanghi Industries settles down, analysts peg falls on minority shareholder concern over Ambuja Cement supply deal

Concern among minority shareholders about the Master Supply and Service Agreement proposed by Ambuja Cements is the main reason for the fall in share prices. They believe Sanghi Industriesโ€™ control on profitability will be limited under the agreement.
Shriram Subramaniam Nirvi Ashar Nirav Karkera Sanghi Industrie Sanghi Industries Head Of Research

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Ambuja Cement and ACC renew Master Supply Agreement

Ambuja Cement and ACC renew Master Supply Agreement 19 February 2021 The Board of Directors of ACC and Ambuja Cement (LafargeHolcim group) have renewed their existing Master Supply Agreement for three years. In 2018 both companies entered into agreement for supply of cement, clinker and other raw materials such as fuels, fly ash, slag and gypsum besides spare parts used in the factories. As per the pricing formula, both the companies will offer five per cent discount for cement ...
Ambuja Cement Master Supply Master Supply Agreement Indian Subcontinent Acc Ltd Ambuja Cements
Source: cemnet.com

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