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CementPre-market

NCLT directs Ambuja Cements to hold merger meeting

pre-market1 source ↓written by the desknot a recommendation

to discuss
30 Dec 2025
of Penna's equity
99.94%

The National Company Law Tribunal (NCLT) has ordered Ambuja Cements to hold a shareholder meeting on 30 Dec 2025 to discuss its merger with Penna Cement. This meeting is a key step in the amalgamation scheme, following Ambuja's acquisition of 99.94% of Penna's equity share capital.

This development may influence market sentiment in the cement sector as stakeholders evaluate the merger's potential benefits.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 3 Nov 2025, 07:04 IST.

Sourcesnews.google.com

The market after the news

AMBUJACEM closed +2.1% on the day of the news, from ₹565.40 to ₹577.20; Nifty +0.2% over the same session; futures OI +2.6%.

Bulletin at 07:04 IST on 3 Nov 2025. Every change is measured from ₹565.40, the last close before it, on 31 Oct. Nifty 50 is measured over the same sessions.

  • AMBUJACEM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
AMBUJACEM closes around the bulletin against the close before the news, with Nifty 50 rebased to it506.82565.40623.98axis spans 23%before the news · 31 Oct565.40Nifty 50AMBUJACEMbulletinD0+1+3+527 Oct7 Nov18 NovFutures open interest, lotspeak 47,000Reference close ₹565.40. 16 sessions from 27 Oct to 18 Nov; the price axis spans 23 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before31 Oct₹565.40basebase
On the day3 Nov₹577.20▲ +2.1%▲ +0.2%+1.9 pp difference
+1 session4 Nov₹567.40▲ +0.3%▼ −0.5%+0.8 pp difference
+3 sessions7 Nov₹558.80▼ −1.2%▼ −0.9%−0.3 pp difference
+5 sessions11 Nov₹557.55▼ −1.4%▼ −0.1%−1.3 pp difference
Gap at the open, % · ₹
▲ +0.5%+2.94 on 3 Nov
Day's range, % · ₹
2.8%≈ 16 high to low
Volume on the day
4.27×the 20-session average
Futures OI on the day
▲ +2.6%+1,100 lots · long build-up · price +2.1%
Futures OI open, lots
44,0003 Nov · 25 Nov expiry
Futures premium, ₹
+3.35+0.6% to spot
Puts per call, by OI
0.75from 0.90 the session before
Max pain
580from 580 the session before

Source NSE UDiFF bhavcopy · AMBUJACEM on the desk →

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