Ambuja Cements Limited has successfully completed the allotment of 1,29,93,708 equity shares to eligible shareholders of Sanghi Industries Limited (SIL). This corporate action follows the previously approved Scheme of Arrangement. The newly issued shares, each with a face value of ₹2/-, are set to be listed and traded on both the BSE and the National Stock Exchange, ranking pari passu with existing equity holdings.
Completion of Share Allotment
Following the Finance Committee meeting held on April 10, 2026, Ambuja Cements has finalized the issuance of 1,29,93,708 equity shares. This move serves to fulfill the requirements of the Scheme of Arrangement involving Sanghi Industries Limited (SIL). These shares are fully paid up and will carry the same rights and privileges as the company’s existing equity shares.
Handling Fractional Entitlements
As part of this consolidation process, the company has allotted 15,156 fully paid-up equity shares to Catalyst Trusteeship Limited. These shares are held in trust specifically to address fractional entitlements for eligible SIL shareholders, ensuring that the benefits of these fractional holdings are managed in accordance with the established terms of the Scheme.
Market Listing
The company has confirmed that the newly allotted shares are slated for listing and trading on both the BSE Limited and the National Stock Exchange of India Limited, providing liquidity to the recipients in line with the defined share exchange ratio.
Source: BSE
