Ambuja board approves merger of subsidiaries ACC and Orient Cement via amalgamation scheme

Nclt Scheme FiledStrategic Transactions View source PDF Explain this filing

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

+1.2%Reaction day

₹540.20

prior close

₹563.00

announcement price

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Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.1%+1.1% vs market

Cement & Cement Products peers, median of 36sector+0.1%+1.1% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty 100 and 1.1 pts more 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

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Reaction day

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Next day

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-26.4-13.5-12.9-17.1-9.4

UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 36Pending

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

AI summary

Ambuja's board on Dec 22, 2025 approved schemes to merge subsidiaries ACC Limited and Orient Cement into itself. Swap ratio for ACC: 328 Ambuja shares per 100 ACC; for Orient Cement, 33 Ambuja shares per 100. No cash involved. ACC FY25 consolidated revenue about Rs 21,762 cr, Orient Cement standalone about Rs 2,709 cr. Ambuja promoter holding drops to 61.63 percent from 67.65 percent post ACC merger. Pending NCLT and other approvals.

Likely market impact

Consolidation of cement subsidiaries for synergies. About 12 percent share dilution from ACC merger, minor from Orient. Subject to NCLT clearance.