Ambuja Cements Limited has informed that the Competition Commission of India imposed a penalty of INR 298.4 million on the company, being 0.3% of the average turnover for the last 3 financial years. The announced order is issued on the basis of complaint filled before CCI by the State of Haryana alleging that these cement company including Ambuja Cements Limited has indulged into anti competitive practices by collusive pricing and limited supply.