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collateral

Gautam Adani, Chairman of the Adani Group with Holcim CEO Jan Jenisch (file photo)

Ambuja Cements pledges 50 per cent share in ACC as collateral for loans

Ambuja Cements, now controlled by billionaire Gautam Adani-led Adani Group, on Wednesday said it has pledged 50.5 per cent shareholding in its subsidiary ACC Ltd as "collateral
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