Ambuja Cements to Merge ACC, Orient Cement; Eyes Pan-India Powerhouse

• Ambuja Cements board approved the merger of ACC Ltd and Orient Cement with the company.
• The merger aims to create a pan-India cement powerhouse, enhancing operational efficiencies and optimizing logistics.
• Expected to boost profitability, support capacity expansion, and improve long-term shareholder returns.
• Will simplify network, branding, and sales, reducing costs and improving margins by at least Rs 100 per metric tonne.
• Share exchange: 328 Ambuja shares for 100 ACC shares; 33 Ambuja shares for 100 Orient Cement shares.

Why It Matters: Ambuja Cements merges ACC and Orient Cement to form a pan-India powerhouse, boosting efficiency and profits.