Ambuja Cements Limited announced that the Scheme of Arrangement involving the amalgamation of Sanghi Industries Limited is now effective as of March 12, 2026. This follows the receipt of the NCLT Order on February 9, 2026, and subsequent filings. Consequently, Sanghi Industries is now dissolved and amalgamated with Ambuja Cements. The Appointed Date for the scheme remains April 1, 2024.
Amalgamation Scheme Officially Effective
Ambuja Cements Limited has confirmed that the Scheme of Arrangement between itself (the “Transferee Company”) and Sanghi Industries Limited (the “Transferor Company”) has officially become effective as of March 12, 2026. This date is designated as the “Effective Date” of the Scheme.
This effectiveness follows the sanctioning of the Scheme by the Hon’ble National Company Law Tribunal, Ahmedabad Bench, via its order dated February 9, 2026. The Company and the Transferor Company completed all requisite conditions by filing the certified copy of the NCLT Order with the Registrar of Companies, Ahmedabad, on March 12, 2026.
Structural Changes Post-Effectiveness
With the Scheme now effective, the Transferor Company, Sanghi Industries Limited, stands amalgamated with Ambuja Cements Limited and has been dissolved without being wound up. The Appointed Date for the purpose of the Scheme is set as April 1, 2024.
Entitlement for Equity Shareholders
Further to the effectiveness of the Scheme, equity shareholders of the Transferor Company will be entitled to an allotment of Ambuja Cements equity shares. Entitlement will be determined based on the names appearing in the Register of Members of Sanghi Industries Limited as of the record date, which is April 6, 2026.
Stock Exchange Information
This intimation pertains to the listing details across various exchanges:
- National Stock Exchange of India Limited: Scrip Code: AMBUJACEM
- BSE Limited: Scrip Code: 500425
- Luxembourg Stock Exchange: Code: US02336R2004
Source: BSE
