Ambuja Cements Limited — JV/Acquisition, 17-07-2025: Amalgamation/Merger

Ambuja Cements (ACL) has secured a key 'no objection' from NSE for its merger with Sanghi Industries (SIL). This critical step allows ACL to file the Scheme of Arrangement with the National Company Law Tribunal (NCLT). The merger, designed to achieve business synergies and expand scale, moves forward with this regulatory clearance. Investors should know the scheme still requires further approvals from shareholders and other authorities. ACL has a six-month window to submit the plan to NCLT.