StockWatch
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Cement & Cement Products
Merger26 Aug 2026, 09:50 pm

Ambuja Cements Shareholders Meeting on Sep 28 for Scheme Approval

AI Summary

Ambuja Cements Limited has announced a meeting of its Equity Shareholders on September 28, 2026, at 12:30 p.m. IST, to be held via Video Conferencing/Other Audio Visual Means. This meeting is convened as per the order of the Hon'ble National Company Law Tribunal, Ahmedabad Bench, dated July 20, 2026. The purpose is to consider and approve an arrangement embodied in a Scheme, which involves the amalgamation of Orient Cement Limited with Ambuja Cements Limited. The notice, explanatory statement, and annexures, including valuation reports and fairness opinions, have been provided. Shareholders can participate through remote e-voting from September 23 to September 27, 2026, or e-voting during the meeting.

Key Highlights

  • Shareholders meeting scheduled for September 28, 2026, via VC/OAVM.
  • Meeting to approve a Scheme of Amalgamation of Orient Cement with Ambuja Cements.
  • Remote e-voting facility available from September 23 to September 27, 2026.
  • Meeting convened as per NCLT Ahmedabad Bench order dated July 20, 2026.
  • Detailed documents including valuation and fairness reports are enclosed.