Ambuja Cements Shareholders Approve ACC Amalgamation Scheme
Ambuja Cements shareholders approved the amalgamation scheme with ACC Limited. The resolution passed with 99.98% of votes in favour. The NCLT-convened meeting was held on September 29, 2026, with voting concluding on September 28, 2026.
The amalgamation of ACC Limited with Ambuja Cements is a significant corporate action that will reshape the company's structure and market position, leading to substantial operational and strategic impacts.
The resolution for the amalgamation of ACC Limited with Ambuja Cements Limited was overwhelmingly approved by shareholders, indicating strong support for the strategic move.
Ambuja Cements Limited has announced the successful passage of the resolution approving the Scheme of Amalgamation of ACC Limited with Ambuja Cements Limited. The resolution was passed through a combined scrutiny of remote e-voting and e-voting conducted at the NCLT-convened meeting of equity shareholders. The meeting was held on Tuesday, September 29, 2026, pursuant to an order from the Hon'ble National Company Law Tribunal (NCLT), Ahmedabad Bench. The remote e-voting period commenced on Thursday, September 24, 2026, and concluded on Monday, September 28, 2026. The e-voting facility at the meeting was available for shareholders attending via VC/OAVM who had not already voted remotely. A total of 2,268,120,094 valid votes were cast. Of these, 2,267,313,887 votes (99.98%) were in favour of the resolution, and 547,772 votes (0.02%) were against it. The promoter and promoter group overwhelmingly supported the resolution, with 100% of their polled votes in favour. The detailed scrutinizer's report, compiled by Advocate Manvi Damle, has been submitted and will be uploaded on the company's website.
What to do with a filing like this
Ambuja Cements Limited filed this with the NSE as a statutory disclosure, categorised under amalgamation. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Ambuja Cements Limited. Read the original for the full detail.