NCLT sets November hearing for ACC Ambuja merger
NCLT’s Ahmedabad Bench set 19 November 2026 for the hearing on ACC’s proposed amalgamation with Ambuja Cements. ACC rose 1.1% while Ambuja Cements gained 0.6% on 13 October, despite both remaining weak over recent sessions.
pre-market1 source ↓machine-written, see hownot a recommendation
- ACC close
- ₹1,137
- On the day
- +1.08%
- 52-week high
- ₹1,987
- 52-week low
- ₹1,123
The National Company Law Tribunal’s Ahmedabad Bench fixed 19 November 2026 as the hearing date for the Joint Company Petition covering the proposed amalgamation of ACC with Ambuja Cements. The petition was filed under Sections 230 to 232 of the Companies Act, and the tribunal’s scheduling order was passed on 8 October 2026. The merger process now has a defined procedural milestone 🤝, although the disclosure does not establish a completion date or confirm the final effective date.
The hearing notice was published on 13 October 2026 in the Indian Express across all editions in English and in the Ahmedabad edition of the Financial Express in Gujarati. The next tribunal hearing is therefore the key event for investors tracking the cement consolidation process ⚖️. Any directions issued at that stage could clarify the remaining steps before the proposed amalgamation can proceed.
ACC closed at ₹1,137, up 1.1% on 13 October, with volume of 82,570 shares, according to OI Charts data. The stock remained close to its 52-week low of ₹1,123 recorded on 12 October, and was down 3.4% over five sessions and 8.8% over 20 sessions. This places the hearing announcement against a recently weak price trend rather than a sustained rebound.
Ambuja Cements closed at ₹350, up 0.6%, on volume of 2,474,121 shares. It was down 3.2% over five sessions and 10.7% over 20 sessions, while its 52-week range stood at ₹341 to ₹588.75. In derivatives, futures open interest was 94,448,400, down 0.2% on the day, a short-covering setup. The futures premium was 1.3%, while the put-call ratio stood at 0.73. For the 27 October expiry, max pain was ₹385; the largest call open interest was at ₹400 and the largest put open interest was at ₹480.
For the cement sector 🧱, the hearing is the next observable checkpoint for the proposed combination and its eventual corporate structure. Traders will watch the 19 November proceedings, any tribunal directions, and subsequent exchange filings. OI Charts data points to ₹400 as a notable call-open-interest level and ₹385 as the max-pain reference for Ambuja Cements’ near-term expiry.
Source: Kalkine India, 13 Oct 2026
Not investment advice. For informational purposes only.