Ambuja Cements (AMBUJACEM) — Corporate Action

Ambuja Cements held an NCLT-convened shareholder meeting on May 2, 2025, to approve the amalgamation of Adani Cementation Limited with Ambuja Cements. The Scheme of Amalgamation was passed with requisite statutory majorities: 99.9973% votes in favour from all shareholders and 99.9927% from public shareholders separately. Promoters holding 166.33 crore shares (67.57% paid-up capital) supported the resolution. The merger consolidates Adani group cement operations under Ambuja Cements.

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About Ambuja Cements Limited (AMBUJACEM)

Construction Materials · Cement & Cement Products · Listed on NSE

Market Cap: ₹1,07,215.34 Cr P/E: 23.3 ROE: 7.7% ROCE: 4.6%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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