Ambuja Cements Limited has informed the Exchange about Intimation of Allotment of shares pursuant to the Scheme of Arrangement between Sanghi Industries Limited and Ambuja Cements Limited and their respective shareholders
AMBUJACEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ambuja Cements has allotted 1,29,93,708 equity shares of Rs 2 each to eligible shareholders of Sanghi Industries Limited as part of a Scheme of Arrangement. The share exchange ratio in the Scheme determines how many Ambuja shares Sanghi shareholders receive. Additionally, 15,156 shares were allotted to Catalyst Trusteeship Limited to handle fractional entitlements of Sanghi shareholders. The newly allotted shares will be listed and traded on BSE and NSE, and will rank pari passu with existing Ambuja equity shares. This follows prior intimations dated February 9, 2026 and March 12, 2026.
Sanghi Industries shareholders will now hold Ambuja Cements shares, effectively making Sanghi part of the Ambuja group. The expanded share capital may have a minor dilutive effect on existing Ambuja shareholders but strengthens the company's market position.