Merger12 Mar 2026, 09:00 pm
Ambuja Cements Ltd Announces Effectiveness of Scheme of Arrangement with Sanghi Industries Ltd
AI Summary
Ambuja Cements Ltd has announced the effectiveness of the Scheme of Arrangement between Sanghi Industries Ltd and Ambuja Cements Ltd. The scheme has been sanctioned by the Hon'ble National Company Law Tribunal, Ahmedabad Bench and the certified copy of the order has been filed with the Registrar of Companies, Ahmedabad, Gujarat. The scheme has become effective from March 12, 2026, and consequently, Sanghi Industries Ltd stands amalgamated with Ambuja Cements Ltd and dissolved without being wound up. The equity shareholders of Sanghi Industries Ltd whose name appears in the Register of Members of the company as on April 6, 2026, will be entitled for allotment of equity shares of Ambuja Cements Ltd.
Key Highlights
- Scheme of Arrangement between Ambuja Cements Ltd and Sanghi Industries Ltd sanctioned by the National Company Law Tribunal.
- Certified copy of the order filed with the Registrar of Companies, Ahmedabad, Gujarat.
- Scheme became effective from March 12, 2026.
- Sanghi Industries Ltd stands amalgamated with Ambuja Cements Ltd and dissolved without being wound up.
- Equity shareholders of Sanghi Industries Ltd entitled for allotment of equity shares of Ambuja Cements Ltd.