Cement & Construction Materials

Consolidation and capacity expansion are reshaping the Indian cement sector. Ambuja Cements secured shareholder approval for its merger with ACC, a significant step toward creating a larger industry player. Simultaneously, Ramco Cements boosted clinker and cement grinding capacity at its Jayanthipuram facility, while HeidelbergCement India shareholders approved key resolutions at their AGM. However, Nuvoco Vistas faces a ₹107 crore GST notice, though the company anticipates minimal financial impact, and a Mehta Family Trust acquired a stake in Saurashtra Cement through an internal restructuring. These developments highlight ongoing strategic shifts and regulatory considerations within the sector, potentially impacting investment decisions and future growth prospects.