Ambuja Cements gets BSE, NSE nod for Orient Cement amalgamation
AMBUJACEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty 100 and 1.9 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ambuja Cements received no-objection observation letters from BSE and NSE on June 4, 2026 for its proposed amalgamation with Orient Cement Limited. Board had approved the scheme in December 2025 under Sections 230-232 of the Companies Act. Next steps include filing the scheme with NCLT within 6 months and seeking shareholder and creditor approvals.
Removes a key regulatory hurdle for the merger. Shareholders of both companies will vote next, followed by NCLT approval which is still pending.