Announced Mon, 28 Sept, 2026 · 20:18 IST
Shareholders approve Orient Cement merger with Ambuja Cements
ORIENTCEM · 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
₹119.75
prior close
₹119.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.5-1.9-2.0-0.8-3.0-3.1-3.5-5.5—————
Up moveDown movePending
AI summary
Orient Cement shareholders approved the scheme of amalgamation with Ambuja Cements at an NCLT convened meeting held on Sep 28, 2026 via video conferencing. 97.83 percent of total valid votes were in favor, with the promoter group holding about 72.66 percent voting entirely in favor. Among public shareholders, 78.85 percent voted in favor, clearing the SEBI majority threshold. The scheme now awaits final approval from NCLT.
Likely market impact
Key milestone passed. NCLT and other regulatory approvals still pending before the merger is completed.