Ambuja Cements Ltd

Ambuja Cements Acquisition

Ambuja Cements Limited allotted 1,29,93,708 equity shares to the shareholders of Sanghi Industries Limited. This issuance is part of a Scheme of Arrangement between the two companies, increasing Ambuja Cements' total paid-up share capital to 2,48,48,17,186 shares.

Ambuja Cements Legal & Regulatory

Ambuja Cements received a GST demand order of ₹19.30 Crore (including interest and penalty) from Nagpur authorities. The demand relates to alleged ineligible ITC and delayed RCM payments on mining royalty for FY 2019-20 to 2022-23. The company intends to appeal and expects no material financial or operational impact.

Value

₹19.30 Cr

Ambuja Cements Merger & Restructuring

Ambuja Cements Limited announced that the merger of Penna Cement Industries Limited into the company became effective on April 10, 2026. Penna Cement now stands dissolved without winding up. The company will pay cash consideration to Penna Cement's equity shareholders as of the effective date.

Ambuja Cements Acquisition

Ambuja Cements Limited allotted 1,29,93,708 equity shares to Sanghi Industries Limited shareholders following their Scheme of Arrangement. The allotment includes 15,156 shares for fractional entitlements held in trust. These new shares will rank pari passu with existing equity and will be listed on the BSE and NSE.

Ambuja Cements Q3 FY26 Results: Net Profit ₹367 Cr, Down 86.2% YoY

Ambuja Cements Ltd reported net profit of ₹367 Cr (-86.2% YoY) for Q3 FY26.

Key figure

Net profit ₹367 Cr · -86.2% YoY

Ambuja Cements Acquisition

Ambuja Cements provided an update on its merger with Sanghi Industries. Following the NCLT-approved Scheme of Amalgamation, trading in Sanghi Industries' shares will be suspended effective April 06, 2026, which also serves as the Record Date for the merger.