Ambuja Cements confirms Sanghi Industries merger effective March 12, 2026

Ambuja Cements Limited has confirmed that its merger with Sanghi Industries Limited became effective on March 12, 2026, following regulatory approvals and filings with the Registrar of Companies. Shareholders of Sanghi Industries will receive Ambuja Cements equity shares, with April 6, 2026 set as the record date.

Ambuja Cements Limited has announced that its scheme of arrangement with Sanghi Industries Limited has officially come into effect from March 12, 2026, marking the completion of a major corporate restructuring within the Indian cement sector.

The development follows the filing of certified copies of the tribunal order with the Registrar of Companies (RoC), Ahmedabad, fulfilling the regulatory requirements for implementing the merger.

NCLT Approval and Regulatory Process

The merger scheme received approval from the National Company Law Tribunal (NCLT), Ahmedabad Bench on February 9, 2026.

After receiving the tribunal’s approval, both companies filed the certified order with the RoC on March 12, 2026, thereby satisfying the conditions outlined in Clause 3.3 of the scheme of arrangement and making the merger effective.

Key Dates of the Merger

Parameter Details

Effective Date March 12, 2026

Record Date April 6, 2026

Appointed Date April 1, 2024

NCLT Approval February 9, 2026

Sanghi Industries to Be Amalgamated into Ambuja

Following the effectiveness of the scheme, Sanghi Industries has been amalgamated with Ambuja Cements and dissolved without undergoing a winding-up process.

As part of the arrangement, eligible shareholders of Sanghi Industries will receive equity shares of Ambuja Cements under the agreed share exchange mechanism.

Shareholders whose names appear in the Register of Members as of April 6, 2026 will qualify to receive the new shares.

Stock Exchange Disclosures

Ambuja Cements has notified multiple stock exchanges regarding the completion of the merger in compliance with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

The disclosures were made to:

National Stock Exchange of India (Symbol: AMBUJACEM)

BSE Limited (Scrip Code: 500425)

Luxembourg Stock Exchange

Corporate Communication and Compliance

The regulatory filing confirming the merger was signed by Company Secretary and Compliance Officer Manish Vinodchandra Mistry.

The company also confirmed that all related documentation and disclosures have been uploaded to its official website, ensuring transparency for investors and stakeholders.

Strategic Significance of the Merger

The merger integrates Sanghi Industries’ cement manufacturing operations with Ambuja Cements, strengthening the latter’s production capacity and operational scale.

The move is expected to enhance operational efficiency, expand market presence, and create long-term value for shareholders as the combined entity consolidates its position in India’s competitive cement industry.