Ambuja Cements has confirmed that there were no deviations or variations in the use of proceeds from the preferential issue of equity shares for the quarter ended December 31, 2025. This confirmation is pursuant to regulatory requirements and was reviewed by the Audit Committee of the company. The total amount raised through the preferential issue was Rs 15000.046 Crores.
Confirmation of Fund Utilization
Ambuja Cements has stated that there have been no deviations or variations in the use of proceeds from the preferential issue of equity shares (on conversion of warrants) for the quarter ended December 31, 2025. The original intention for these funds remains unchanged.
Details of Funds Raised
The company raised a total of Rs 15000.046 Crores through a preferential issue. The funds were raised on April 17, 2024, and the confirmation of proper utilization was duly reviewed by the Audit Committee.
Intended Use of Funds
The funds were originally intended for capital expenditures, de-bottlenecking capital expenditure, logistics infrastructure, digitizing logistics, optimizing plants to accelerate ESG compliance, acquisitions, consolidation, working capital requirements, investment in technology and for general corporate purposes. As of December 31, 2025, Rs 14895.1 Crore has been utilized towards these objectives.
Source: BSE
