
Merger29 Jul 2026, 07:40 pm
Ambuja Cements: NCLT Orders Shareholder Meeting for ACC Merger
AI Summary
Ambuja Cements Limited has received an order from the National Company Law Tribunal (NCLT), Ahmedabad Bench, to convene a meeting of its equity shareholders. The meeting, scheduled for September 29, 2026, via video conference, is to consider and approve the proposed Scheme of Amalgamation of ACC Limited with Ambuja Cements Limited. This order follows previous disclosures made by the company regarding the amalgamation scheme. The NCLT's directive is a crucial step in the process of merging ACC Limited into Ambuja Cements Limited, with the appointed date for the amalgamation set as January 1, 2026.
Key Highlights
- NCLT orders Ambuja Cements to convene shareholder meeting for ACC merger.
- Meeting scheduled for September 29, 2026, via video conference.
- Shareholders will vote on the proposed amalgamation of ACC Limited.
- Appointed date for amalgamation is January 1, 2026.
- This is a significant step in the merger process of ACC into Ambuja Cements.
Price Impact
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