Orient Cement NCLT-convened shareholder meeting on Sept 28 for Ambuja merger scheme

Scheme filed with the NCLTAcquisition announcedStrategic Transactions View source PDF Explain this filing

ORIENTCEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.4%Reaction day

₹134.40

prior close

₹134.86

announcement price

After-mkt

timing

Nifty Microcap 250market-0.2%-2.1% vs market

Cement & Cement Products peers, median of 36sector-0.9%-1.5% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.5 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.8

10m

-0.7

15m

-1.1

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-0.2-2.1-0.9-1.5

Next day

-2.3+0.1-2.4-1.6-0.8

-3.4+0.4-3.8-2.0-1.4

-4.9-0.6-4.3-2.6-2.4

-4.8-1.2-3.6-3.6-1.2

-4.0-0.6-3.4-3.0-1.0

-5.6+0.5-6.1-2.8-2.8

15d

-7.3-0.2-7.1-4.6-2.7

-10.9-1.5-9.4-7.8-3.1

-15.3-8.0-7.3-15.3+0.0

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UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Orient Cement informed exchanges that the NCLT Ahmedabad has ordered a meeting of equity shareholders on Monday, September 28, 2026 at 10:30 a.m. via video conferencing to approve the Scheme of Amalgamation of Orient Cement (Transferor) with Ambuja Cements (Transferee). Remote e-voting runs September 23 to 27, with cut-off date September 21, 2026. Approval requires three-fourths majority by value and a majority of public shareholders voting in favour.

Likely market impact

Shareholders should vote by Sept 27. Scheme approval moves Orient Cement one step closer to merging into Ambuja Cements.