Orient Cement Limited — Others, 22-04-2025: Change in Management

Orient Cement Limited has reported that Ambuja Cements Limited has successfully completed the acquisition of 7,76,49,413 equity shares, amounting to 37.79% of the company's equity share capital. Following this acquisition, Ambuja has gained sole control and will now serve as the primary promoter of Orient Cement, leading to the reclassification of the previous promoter group as ‘public’. The updated shareholding pattern shows Ambuja holds 9,58,73,163 equity shares, representing 46.66% of the total. This development marks a significant shift in ownership, which could enhance operational synergies, potentially boosting investor sentiment with a positive outlook on future growth.