Ambuja Cements Limited has informed the Exchange about Intimation for allotment of equity shares pursuant to the Scheme of Amalgamation of Adani Cementation Limited ( Transferor Company ) with Ambuja Cements Limited ( Transferee Company ).
AMBUJACEM · price
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Awaiting price reaction for this filing.
Ambuja Cements has allotted 87,00,000 (87 lakh) new equity shares of face value Rs. 2 each to eligible shareholders of Adani Cementation Limited under a Scheme of Amalgamation approved by the NCLT Ahmedabad Bench on 18th July 2025. As a result, the company's total paid-up equity share capital has increased from about 246.31 crore shares to 247.18 crore shares (including GDRs). The new shares will rank equally with existing shares and are proposed to be listed on BSE and NSE. This is essentially a group-level internal restructuring where Adani Cementation is being merged into Ambuja Cements in exchange for share issuance.
Minor dilution of less than 0.4% for existing Ambuja Cements shareholders due to the share issuance. This is an internal Adani group consolidation and is unlikely to materially affect the stock price, as it streamlines the corporate structure rather than bringing in new external business.