Ambuja Cements Board Approves Merger of ACC & Orient Cement with Itself

Ambuja Cements Ltd., an Adani Group flagship in the building materials sector, has received board approval to merge two of its key subsidiaries, ACC Ltd. and Orient Cement Ltd., into itself. This information was shared by Ambuja Cements in its stock filing dated 22nd December 2025.

Under the approved schemes of amalgamation, ACC and Orient Cement will cease to exist as separate legal entities, with Ambuja emerging as the “One Cement Platform”. This initiative is targeted at streamlining operations, boosting efficiencies, and sharpening competitive edge across markets.

The deal will be executed via an all-share swap: Ambuja will issue 328 equity shares (face value Rs. 2) for every 100 ACC shares (face value Rs. 10) and 33 equity shares (face value Rs. 2) for every 100 Orient Cement shares (face value Re.1). This will be done to eligible shareholders of the merging firms.

Ambuja said the consolidation will unlock operational synergies, rationalise logistics and branding costs, and improve margins by an estimated Rs. 100 per metric tonne, while supporting capacity growth and long-term shareholder value.

The transaction is expected to be completed over the next 12 months.