NCLT orders shareholder meetings for ACC-Ambuja amalgamation scheme

Nclt Scheme FiledListed Co AcquisitionStrategic 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

+0.1%Reaction day

₹434.85

prior close

₹434.50

announcement price

After-mkt

timing

Nifty 100market+0.2%-0.1% vs market

Cement & Cement Products peers, median of 35sector-0.9%+1.0% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty 100 and 1.0 pts more 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

-0.3

10m

-0.6

15m

-0.7

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+0.2-0.1-0.9+1.0

Next day

-0.8+0.7-1.5-0.9+0.1

+1.6+2.3-0.6+0.2+1.4

+0.3+1.6-1.4+0.1+0.2

+2.3+1.7+0.6+0.8+1.6

+0.4+1.8-1.4+0.2+0.2

-0.9+1.7-2.6-0.0-0.9

15d

-5.5+0.3-5.8-2.1-3.4

-7.7-0.3-7.5-3.9-3.8

-14.0-6.2-7.8-8.4-5.6

-20.0pendingpending-14.5-5.5

UpDownMarket · Nifty 100Sector · Cement & Cement Products peers, median of 35Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NCLT Ahmedabad ordered Ambuja and ACC to hold equity shareholder meetings on September 29, 2026 via video conferencing to approve the amalgamation. ACC will merge into Ambuja with effect from January 1, 2026. Ambuja already holds 50.05% of ACC. New shares will be issued to ACC shareholders per the share exchange ratio. NSE and BSE have given no objection.

Likely market impact

Shareholders vote on the merger on September 29, 2026. If approved, ACC merges into Ambuja, simplifying the group's cement structure.