Adani Enterprises Limited has informed the Exchange regarding 'Update On Effectiveness Of Scheme - Adani Cementation Limited With Ambuja Cements Limited'.
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Adani Enterprises informed the exchanges that the scheme of amalgamation of its wholly owned subsidiary Adani Cementation Limited with Ambuja Cements Limited (another Adani group company) has become effective from August 1, 2025. The NCLT Ahmedabad had sanctioned the scheme on July 18, 2025, and all conditions required to make it effective have now been fulfilled. The appointed date for the merger is April 1, 2024, and Adani Cementation stands dissolved without being wound up. No swap ratio or consideration details have been mentioned in this update, as Adani Cementation was a wholly owned subsidiary being absorbed into a group company.
This is an internal group-level restructuring that consolidates the cementation business into Ambuja Cements. There is no direct cash impact on Adani Enterprises shareholders, though the merger could streamline operations and reporting within the Adani group's cement vertical.