Ambuja Cements shareholders approved the Scheme of Amalgamation with Orient Cement Limited at the NCLT convened meeting. The resolution passed by the requisite majority.
Ambuja Cements has convened an NCLT-ordered meeting of equity shareholders for September 28, 2026, to approve the Scheme of Amalgamation with Orient Cement Limited.
Ambuja Cements received 'no objection' letters from NSE and BSE for its merger with Orient Cement. The scheme now moves to NCLT and shareholder approval stages.