Ambuja Cements board approves major mergers with ACC and Orient Cement

On December 22, 2025, Ambuja Cements Limited's Board of Directors approved two schemes of amalgamation. The first involves ACC Limited merging into Ambuja Cements Limited, and the second is the amalgamation of Orient Cement Limited with Ambuja Cements Limited. Both ACC and Orient Cement are subsidiaries of Ambuja Cements, with the amalgamations aiming to enhance operational efficiencies and strengthen market position.

ACC Limited reported a standalone revenue of INR 21,668.11 Crore and a net worth of INR 18,270.93 Crore as of March 31, 2025. Following the merger, Ambuja Cements will issue 328 equity shares of face value INR 2/- for every 100 equity shares of face value INR 10/- held in ACC. Orient Cement Limited recorded a standalone revenue of INR 2,708.83 Crore and a net worth of INR 1,807.91 Crore as of March 31, 2025. Ambuja Cements will issue 33 equity shares of face value INR 2/- for every 100 equity shares of face value Re. 1/- held in Orient Cement.

These schemes are subject to statutory and regulatory approvals, including from the National Company Law Tribunal. The rationale for both amalgamations includes achieving long-term strategic alignment, unifying manufacturing and commercial functions, optimizing resource allocation, and unlocking economies of scale, thereby boosting profitability and competitiveness.