Shareholders approve Ambuja and Orient merger
after close1 source ↓written by the desknot a recommendation
- of Ambuja shareholders
- 99.98%
- of Orient shareholders
- 97.83%
- for every
- 33 Ambuja shares
- held
- 100 Orient shares
Shareholders of Ambuja Cements and Orient Cement approved the merger on 28 September 2026, with 99.98% of Ambuja shareholders and 97.83% of Orient shareholders voting in favor. Eligible Orient shareholders will receive 33 Ambuja shares for every 100 Orient shares held. The merger aims to streamline Ambuja's cement operations and awaits regulatory approvals.
Not investment advice. For informational purposes only.