Ambuja Cements Limited has reported that there were no deviations or variations in the use of proceeds from its ₹15,000.05 crore preferential issue for the quarter ended September 30, 2025. The funds, raised in two tranches during 2024, were deployed as per the company’s stated objectives, ensuring full compliance and transparency.
Preferential Issue Details
| Tranche | Date | Amount Raised (₹ crore) |
| Tranche 1 | March 28, 2024 | 6,660.95 |
| Tranche 2 | April 17, 2024 | 8,339.10 |
| Total | 15,000.05 |
Purpose of Fund Allocation
The proceeds from the preferential issue were earmarked for multiple strategic initiatives, including:
- Capital expenditures and de-bottlenecking projects
- Logistics infrastructure enhancement and digitization
- ESG compliance and plant optimization
- Acquisitions and consolidation opportunities
- Working capital requirements
- Technology investments
- General corporate purposes
Utilization Update
As of June 30, 2025, Ambuja Cements had utilized ₹14,795.10 crore from the total proceeds. The company confirmed that no additional amount was used during the quarter ended September 30, 2025.
Audit Committee Oversight
The Audit Committee reviewed the utilization statement and verified that the funds were used strictly for their intended purposes, reflecting robust governance and regulatory compliance.
Summary:
Ambuja Cements Limited has reaffirmed that all proceeds from its ₹15,000 crore preferential issue were used in line with approved objectives, with no deviations reported.
Disclaimer:
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