Orient Cement Limited has informed the Exchange about Disclosure under Regulation 30 and other applicable provisions under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Post Offer Advertisement.
ORIENTCEM · price
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Awaiting price reaction for this filing.
Ambuja Cements Limited made an open offer to acquire up to 5,34,19,567 equity shares (26%) of Orient Cement from public shareholders at ₹395.40 per share, aggregating up to ₹2,112.21 crores. The post-offer advertisement was published on June 19, 2025, across four newspapers — Financial Express (English), Jansatta (Hindi), Navshakti (Marathi, Mumbai edition), and Surya Prava (Odia, Bhubaneshwar edition). This is a mandatory disclosure under Regulation 18(12) of SEBI's Takeover Regulations, confirming the completion of the open offer process that began with the public announcement in October 2024 and the Letter of Offer issued in May 2025. SBI Capital Markets is acting as the manager to the offer.
This is a routine regulatory filing confirming the open offer process has formally concluded. Shareholders who tendered shares have received or will receive ₹395.40 per share. The filing signals that Ambuja Cements' acquisition of Orient Cement is in its final stages, with the post-offer compliance now in the public domain. No material price-moving information for existing shareholders who did not tender.