Ambuja Cements shareholders approve Orient Cement amalgamation scheme

Listed-company acquisitionScheme filed with the NCLTStrategic Transactions View source PDF Explain 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 reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹374.35

prior close

₹373.50

announcement price

After-mkt

timing

Nifty 100market-0.5%-1.8% vs market

Cement & Cement Products peers, median of 36sector-1.2%-1.1% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty 100 and 1.1 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

-0.8

15m

-1.1

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3-0.5-1.8-1.2-1.1

Next day

-0.1-0.7+0.6-0.6+0.5

-3.2-1.6-1.6-1.2-2.0

-2.1-1.1-1.0-2.1+0.0

-3.4-0.1-3.3-2.6-0.8

-4.7-0.9-3.9-3.1-1.7

-6.1-1.5-4.6-5.2-0.9

15d

-3.0-1.1-1.9-7.2+4.2

-4.7-0.0-4.7-8.8+4.1

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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

Shareholders of Ambuja Cements approved the scheme to merge Orient Cement into Ambuja Cements at an NCLT convened meeting on Sept 28, 2026. The resolution passed with 99.98 percent majority. Total valid votes polled: 225.46 crore shares; votes in favor: 225.41 crore; against: 4.18 lakh. Promoter group holding 67.33 percent (167.20 crore shares) and public shareholders both approved the scheme with requisite majority.

Likely market impact

Brings Ambuja closer to completing Orient Cement acquisition; expansion in cement capacity likely once NCLT and other approvals come through.