NCLT-convened shareholder meeting to approve Orient Cement amalgamation

Listed Co AcquisitionNclt Scheme FiledStrategic 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

-2.4%Reaction day

₹422.00

prior close

₹420.00

announcement price

After-mkt

timing

Nifty 100market-0.4%-2.0% vs market

Cement & Cement Products peers, median of 36sector-0.9%-1.5% vs sector

On the reaction day the stock moved 2.0 pts less than Nifty 100 and 1.5 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

-0.1

10m

-0.4

15m

-0.7

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-0.4-2.0-0.9-1.5

Next day

-2.0-0.2-1.8-1.6-0.5

-4.9-0.6-4.3-2.0-3.0

-4.5-0.9-3.6-2.6-2.0

-5.0-1.4-3.6-3.6-1.4

-4.5-1.5-3.0-3.0-1.5

-5.2-1.9-3.3-2.8-2.4

15d

-7.0-3.5-3.5-4.6-2.4

-11.3-5.8-5.4-7.8-3.4

-17.3-6.7-10.6-15.2-2.2

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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

Ambuja Cements will hold an NCLT-ordered shareholders meeting on September 28, 2026 via video conferencing to approve the Scheme of Amalgamation of Orient Cement Limited into Ambuja Cements. E-voting runs September 23 to 27, 2026. Valuation by GT Valuation Advisors and BDO; fairness opinions by SBI Capital and IDBI Capital. Scheme requires three-fourths majority of equity shareholders voting.

Likely market impact

Shareholders vote on Orient Cement merger. Approval expands Ambuja cement capacity; subject to further NCLT sanction.