Sanghi Industries Amalgamated with Ambuja Cements: Scheme of Arrangement Sanctioned and Effective

Sanghi Industries Limited has announced the effectiveness of the Scheme of Arrangement between the company and Ambuja Cements Limited. The Hon’ble National Company Law Tribunal, Ahmedabad Bench sanctioned the scheme on February 9, 2026, and the certified copy of the NCLT Order was filed with the Registrar of Companies, Ahmedabad, Gujarat on March 12, 2026. The scheme has become effective on the same date, resulting in the amalgamation of Sanghi Industries with Ambuja Cements and the dissolution of Sanghi Industries without being wound up. The Appointed Date of the Scheme is April 1, 2024, and the Record Date for determining the shareholders of the company whose equity shares will stand cancelled and to whom the new equity shares of Ambuja Cements will be issued as per the Swap Ratio set out in the Scheme is April 6, 2026.