ACC Limited has received an order from the Hon’ble National Company Law Tribunal, Ahmedabad Bench, directing the company to convene a meeting of its equity shareholders. This meeting, scheduled for September 29, 2026, at 10:30 AM IST, will consider and approve the proposed Scheme of Amalgamation of ACC Limited with Ambuja Cements Limited. The order signifies a crucial step forward in the amalgamation process.
Key Order from NCLT
ACC Limited announced on July 29, 2026, that it has received a significant order from the Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench. This order is a pivotal development in the ongoing Scheme of Amalgamation between ACC Limited, the “Amalgamating Company,” and Ambuja Cements Limited, the “Amalgamated Company.” The NCLT’s directive requires ACC Limited to convene and hold a meeting of its equity shareholders.
Shareholder Meeting Details
The meeting of ACC Limited’s equity shareholders is scheduled to take place on Tuesday, September 29, 2026, at 10:30 a.m. (IST). This meeting will be conducted through Video Conference (VC) / Other Audio Visual Means (OAVM). The primary purpose of this assembly is for the shareholders to consider and, if deemed appropriate, approve the proposed Scheme of Amalgamation. Shareholders will have the option to approve the scheme with or without modifications.
Amalgamation Process Milestones
This NCLT order follows previous disclosures made by the company on December 22, 2025, and June 04, 2026, concerning the amalgamation scheme. The successful convening and approval of the shareholder meeting represent a critical milestone in the overall amalgamation process, paving the way for further regulatory and legal steps. The company has confirmed that the order is attached to this intimation and will also be available on its website, www.acclimited.com.
Source: BSE
