Merger3 Jul 2026, 07:10 pm
Ambuja Cements completes Sanghi Industries share allotment
AI Summary
Ambuja Cements Limited has completed the allotment of equity shares to eligible shareholders of Sanghi Industries Limited, following the Scheme of Arrangement. Trading approvals have been received from NSE and BSE, with trading commencing on June 30, 2026. The allotment was based on a record date of April 6, 2026, with a share exchange ratio of 12 Ambuja shares for every 100 Sanghi shares. Fractional entitlements were consolidated and managed by a trustee. The company dispatched intimation letters on July 2, 2026.
Key Highlights
- Ambuja Cements allotted shares to Sanghi Industries shareholders.
- Trading commenced on NSE and BSE from June 30, 2026.
- Share exchange ratio: 12 Ambuja shares per 100 Sanghi shares.
- Record date for eligibility was April 6, 2026.
- Intimation letters dispatched on July 2, 2026.
Price Impact
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