Orient Cement and Ambuja Cements have received crucial 'no adverse objection' letters from BSE and 'no objection' from NSE for their proposed merger, a scheme previously approved by their respective Boards.

This clears a significant regulatory hurdle, allowing both companies to now file the amalgamation scheme with the National Company Law Tribunal (NCLT). The merger remains subject to various statutory, regulatory, and shareholder/creditor approvals.

This step is key to combining operations, with potential benefits like enhanced scale and operational efficiencies for the merged entity.