
Ambuja Cements: NCLT orders shareholder meeting for Orient Cement amalgamation
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 28, 2026, via video conference, is to consider and approve the proposed Scheme of Amalgamation of Orient Cement Limited (Transferor Company) with Ambuja Cements Limited (Transferee Company). This update follows previous disclosures made in December 2025 and June 2026 regarding the amalgamation. The NCLT's order directs the company to hold the meeting to seek shareholder approval for the scheme, which involves the amalgamation of Orient Cement into Ambuja Cements as a going concern, with the consequent dissolution of Orient Cement.
Key Highlights
- NCLT orders Ambuja Cements to convene shareholder meeting.
- Meeting to approve amalgamation of Orient Cement Limited.
- Shareholder meeting scheduled for September 28, 2026.
- Amalgamation to proceed as a going concern.
- Orient Cement will be dissolved post-amalgamation.
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