Ambuja Cements Limited CC-Sep24.pdf · 2024-10-28
Yes. Good afternoon. And thank you for the questions. Also congratulations on decent set of numbers. So I have 2 questions. First is, I just wanted to get a better sense of now the cash that we have, which is already mentioned, of course, at INR10,000 crores-odd. But from Penna perspective, also that -- the cash which is lined up for Orient assuming the open offer gets subscribed fully, so in that context, what kind of appetite do we still have from an acquisition perspective is what I would request some color on. Are we open to doing further a similar size of Orient kind of an acquisition or here on, we could be looking at more smaller side of acquisition? And how should one look at?
Okay. Helpful. Second question, I'll put it on Penna. If you can just walk a little bit further in detail here because you gave volumes, which is around 100 kt for cement, but you also said it was supporting significantly in terms of clinker to some of the southern plants. So from an incremental perspective, what kind of volumes, first of all, can we expect from Penna because that I'm assuming would be fairly stabilized as of now? Or does it continue to support more clinker to other units? So I just wanted to understand the actual cement contribution that one can expect from Penna. And also what is the cash now that is yet to be paid? Because your presentation says about INR7,800-odd crores is the amount allocated. The deal, as we understand, was INR10,400 crores. So the balance amount, how should be that looked as well?