Adani's Ambuja-ACC Merger Nears: Aims for Cement Dominance, Boosts Capacity

• ACC Ltd's board approved its amalgamation with parent Ambuja Cements Ltd, simplifying Adani Group's cement structure.
• Ambuja will issue 328 equity shares for every 100 ACC shares, consolidating assets under a "One Cement Platform."
• This strategy, including Orient Cement merger, aims for significant operational and financial synergies, and a leaner corporate structure.
• Adani Group targets increasing cement capacity from 107 MTPA to 155 MTPA by FY28, intensifying competition with UltraTech.
• The integration is expected to deliver cost savings of ₹100 per tonne, with additional benefits from tax efficiency.

Why It Matters: Adani Group consolidates cement business via Ambuja-ACC merger, targeting market leadership and efficiency.