Ambuja Cements Limited
Ambuja Cements Ltd. is among the leading cement companies in India. It is a member of the Adani Group. Currently, Ambuja Cement has a cement capacity of 31 million tonnes with six integrated cement manufacturing plants and eight cement grinding units across the country.
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Ambuja Cements has received key 'no objection' letters from both BSE and NSE for its proposed amalgamation with Orient Cement. This marks a significant regulatory step forward for the merger scheme. While specific synergy details are not in this update, the move aims at combining the two entities. The amalgamation...
Ambuja Cements and ACC Limited are progressing with their merger. Ambuja Cements has secured key regulatory nods, receiving 'no adverse observations' from BSE and 'no objection' from NSE for the ACC Limited amalgamation scheme. This is a crucial step forward for the combined entity. The merger still requires other statutory...
Ambuja Cements is consolidating its operations by merging with ACC Ltd. and Orient Cement Ltd. This strategic move aims to boost efficiency, achieve massive synergies, and unlock economies of scale across the entire cement business. ACC shareholders (excluding Ambuja) will get 328 new Ambuja shares (FV Rs. 2) for every...
Ambuja Cements has completed the share allotment following its merger with Adani Cementation. The Finance Committee approved issuing 0.87 Crore new equity shares to eligible shareholders of Adani Cementation, as per the NCLT-approved scheme. While the specific share exchange ratio isn't detailed, this increases Ambuja's total paid-up share capital from...
Ambuja Cements has received key regulatory clearances for its merger with Sanghi Industries. Both BSE and NSE have issued 'no adverse objection' letters for the proposed Scheme of Arrangement between Sanghi Industries Limited (the Transferor Company) and Ambuja Cements Limited (the Transferee Company). This marks a significant stride in the...