StockWatch
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Cement & Cement Products
Board Meeting26 Aug 2026, 11:00 pm

Orient Cement Shareholders' Meeting on Sep 28 for Scheme Approval

AI Summary

Orient Cement Limited has announced a meeting of its Equity Shareholders on September 28, 2026, at 10:30 a.m. IST, to be held via Video Conferencing/Other Audio Visual Means. This meeting is convened pursuant to an order from 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, details of which are provided in the enclosed Notice and Explanatory Statement. The company is facilitating electronic voting for shareholders, with remote e-voting from September 23 to September 27, 2026, and e-voting during the meeting. The Scheme of Amalgamation of Orient Cement Limited with Ambuja Cements Limited is a key document to be considered.

Key Highlights

  • Shareholders' meeting scheduled for September 28, 2026, via VC/OAVM.
  • Meeting to approve an arrangement under a Scheme of Amalgamation.
  • Electronic voting facility available for shareholders.
  • Meeting convened as per NCLT Ahmedabad Bench order.
  • Scheme involves amalgamation with Ambuja Cements Limited.