Announced Wed, 29 Jul · 19:52 IST
NCLT orders shareholder meetings for ACC-Ambuja amalgamation on Sep 29
ACC · 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
-1.0%1-day move
₹1370.30
prior close
₹1370.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-1.1-1.2-1.1-1.0+2.1+0.8+1.7+0.3-0.8-5.1———
Up moveDown movePending
AI summary
NCLT Ahmedabad ordered ACC and Ambuja Cements to hold equity shareholder meetings on Sept 29, 2026 to approve the scheme of amalgamation of ACC into Ambuja, appointed date Jan 1, 2026. Ambuja holds 50.05% of ACC and will issue new shares to ACC shareholders per a share exchange ratio. Unsecured creditor meetings dispensed with.
Likely market impact
Shareholders vote on Sept 29. If approved, ACC merges into Ambuja with new Ambuja shares issued to ACC shareholders.