Tuesday, April 15, 2008

Ambuja Cements - Imposition Of Ban On The Export Of Cement

Ambuja Cements Ltd has informed that the Ministry of Commerce & Industry, Government of India has imposed a Ban on the Export of Cements with immediate effect. Arising out of the above developments, the Company would not be able to export cement till such time the ban remain in force.
During the financial year 2007 (twelve months), of the total sales volume of 16.77 million tons, the Company exported 1.32 million tons of Cement having total value of Rs 277.48 crores.

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