Merger29 Jul 2026, 08:01 pm
ACC Ltd Shareholders to Vote on Ambuja Cements Merger Scheme
AI Summary
ACC Limited has announced an update regarding the Scheme of Amalgamation with Ambuja Cements Limited. The National Company Law Tribunal (NCLT), Ahmedabad Bench, has ordered ACC to convene a meeting of its equity shareholders on September 29, 2026, via Video Conference/Other Audio Visual Means. The purpose of this meeting is to consider and approve, with or without modifications, the proposed amalgamation scheme. This follows previous disclosures made on December 22, 2025, and June 04, 2026. The appointed date for the amalgamation is January 1, 2026, with ACC Limited being the amalgamating company and Ambuja Cements Limited the amalgamated company.
Key Highlights
- NCLT orders ACC to convene shareholder meeting for amalgamation approval.
- Shareholder meeting scheduled for September 29, 2026, via VC/OAVM.
- Amalgamation scheme involves ACC merging with Ambuja Cements.
- Appointed date for amalgamation is January 1, 2026.
- Scheme requires shareholder approval with or without modifications.
Price Impact
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