India: Ambuja Cements says that it has created a non-disposable undertaking (NDU) on more than half of its 50% stake in fellow Adani Group subsidiary ACC. The Telegraph newspaper has reported that the producer intends to use the NDU as collateral for its loans.
Ambuja Cements creates non-disposable undertaking on part of ACC stake
URL: https://globalcement.com/news/item/14706-ambuja-cements-creates-non-disposable-undertaking-on-part-of-acc-stake
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