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 246.31 Crore to 247.18 Crore shares.

Existing shareholders will experience minor dilution due to this issuance.

These newly allotted shares are slated for listing on BSE and NSE.