Announced Wed, 26 Aug · 22:36 IST
Orient Cement NCLT-convened shareholder meeting on Sept 28 for Ambuja merger scheme
ORIENTCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹134.40
prior close
₹134.86
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.7-1.1-1.2-2.3-3.4-4.9-4.8-4.0-5.6-7.3———
Up moveDown movePending
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.