Ambuja Cements-Penna Cement Merger Gets Green Light from NCLT Ahmedabad

Ambuja Cements Ltd. has clarified a media report appearing on NDTV Profits dated March 30, 2026. The report was about the merger of Ambuja Cements and Penna Cement getting approval from the NCLT Ahmedabad. The company has made various disclosures to the Stock Exchanges in relation to the scheme. The NCLT heard the parties and reserved the matter for order on March 19, 2026, and pronounced the order on March 30, 2026, sanctioning the scheme. The company believes that all relevant updates relating to the scheme have been disclosed to the Stock Exchanges, hence the media article does not have any material impact on the company.