Ambuja Cements to Merge ACC, Orient Cement into Single Entity

24 Dec 2025 CW Team

Along with approving the merger, the board has also cleared the share swap ratios for shareholders of ACC and Orient Cement. Under the approved terms, Ambuja Cements will issue 328 equity shares of Rs 2 face value each for every 100 equity shares of ACC with a face value of Rs 10 each, to eligible ACC shareholders. Similarly, for every 100 equity shares of Orient Cement with a face value of Rs 1 each, Ambuja Cements will issue 33 equity shares of Rs 2 face value each to eligible Orient Cement shareholders.

The proposed amalgamation is expected to simplify the group’s cement operations by bringing all three companies under a single corporate structure. According to the company, the consolidation will create a strong pan-India presence and unlock operational synergies by optimising manufacturing and logistics networks, streamlining the corporate framework, strengthening the balance sheet, and enabling more efficient capital allocation to support future growth and market leadership.

Commenting on the development, Karan Adani, non-executive director, Ambuja Cements, Adani Group, said, “This consolidation represents a transformational step in building a globally competitive, integrated cement and building materials organisation. By bringing Ambuja Cements, ACC, and Orient Cement under a single corporate structure, we are strengthening our ability to drive operational excellence, accelerate growth, and deliver sustainable long-term value.”

He added, “This merger builds on our already proven track record to further position the business to drive efficiency and productivity. A robust and resilient balance sheet positions the unified strong entity to effectively support future growth initiatives.”

The merger is expected to enhance scale, efficiency, and competitiveness in India’s rapidly consolidating cement sector.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Ambuja Cements, part of the Adani Group, has received board approval for the amalgamation of ACC and Orient Cement with itself, a move aimed at creating a single, large cement company capable of competing with market leader UltraTech Cement.Along with approving the merger, the board has also cleared the share swap ratios for shareholders of ACC and Orient Cement. Under the approved terms, Ambuja Cements will issue 328 equity shares of Rs 2 face value each for every 100 equity shares of ACC with a face value of Rs 10 each, to eligible ACC shareholders. Similarly, for every 100 equity shares of Orient Cement with a face value of Rs 1 each, Ambuja Cements will issue 33 equity shares of Rs 2 face value each to eligible Orient Cement shareholders.The proposed amalgamation is expected to simplify the group’s cement operations by bringing all three companies under a single corporate structure. According to the company, the consolidation will create a strong pan-India presence and unlock operational synergies by optimising manufacturing and logistics networks, streamlining the corporate framework, strengthening the balance sheet, and enabling more efficient capital allocation to support future growth and market leadership.Commenting on the development, Karan Adani, non-executive director, Ambuja Cements, Adani Group, said, “This consolidation represents a transformational step in building a globally competitive, integrated cement and building materials organisation. By bringing Ambuja Cements, ACC, and Orient Cement under a single corporate structure, we are strengthening our ability to drive operational excellence, accelerate growth, and deliver sustainable long-term value.”He added, “This merger builds on our already proven track record to further position the business to drive efficiency and productivity. A robust and resilient balance sheet positions the unified strong entity to effectively support future growth initiatives.”The merger is expected to enhance scale, efficiency, and competitiveness in India’s rapidly consolidating cement sector.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..