Adani Group has completed acquisitions of Sangi Industries in 2023 and Penna Cement in June 2024, following Orion Cement and ACC in 2022.
"Adani Group has been on an acquisition spree for the last 2 years. After Orion Cement and ACC in 2022, they acquired Sangi Industries in 2023 and Penna Cement in June 2024."