AMBUJACEMBSEAMBUJA CEMENTS LTDHighNeutral
Announced Thu, 27 Aug · 17:41 IST

Ambuja-ACC merger: Shareholder meeting on Sept 29 for NCLT scheme approval

Nclt Scheme FiledStrategic Transactions View source PDFExplain this filing

AMBUJACEM · price

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▲ 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
-2.6%1-day move
₹411.80
prior close
₹411.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.2+0.3-0.1-2.6-2.1-2.6-2.1-1.7-3.3-4.8
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AI summary

Ambuja Cements has called an equity shareholders meeting on September 29, 2026 at 12:30 p.m. via video conferencing, as directed by NCLT Ahmedabad, to vote on the Scheme of Amalgamation of ACC Limited into Ambuja Cements Limited. Remote e-voting runs September 24 to 28, with cut-off date September 22. Approval needs three-fourths in value of voting shareholders and majority of public shareholders. Valuations by GT Valuation Advisors and BDO; fairness opinions by SBI Capital and IDBI Capital. Results expected by October 1, 2026.

Likely market impact

Shareholders must vote by September 28 on ACC-Ambuja merger. If approved by three-fourths majority, scheme moves to NCLT final approval.