Announced Wed, 29 Jul · 19:36 IST
NCLT orders shareholder meetings for ACC-Ambuja amalgamation scheme
AMBUJACEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹434.85
prior close
₹434.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.6-0.7-0.5-0.8+1.6+0.3+2.3+0.4-0.9-5.5———
Up moveDown movePending
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.