Sanghi Industries sets record date for Ambuja Cements scheme
pre-market1 source ↓written by the desknot a recommendation
- became effective
- 12 Mar 2026
- is set
- 6 Apr 2026
- Law Tribunal
- 9 Feb 2026
Ambuja Cements Limited confirmed that the scheme of arrangement with Sanghi Industries became effective on 12 Mar 2026. The record date for determining eligible shareholders for equity share allotment is set for 6 Apr 2026. This follows the approval from the National Company Law Tribunal on 9 Feb 2026.
The arrangement aims to streamline operations and enhance shareholder value, potentially impacting market sentiment for both companies.
Not investment advice. For informational purposes only.