Adani's Ambuja Cement Announces Major Merger with ACC, Orient Cement

• Ambuja Cement approved merger with ACC and Orient Cement, aiming for completion by January 1, 2026.
• ACC shareholders to get 328 Ambuja shares for 100 ACC shares; Orient Cement shareholders to get 33 Ambuja shares for 100 Orient shares.
• Merger targets operational synergies, cost reduction, and margin improvement of at least 100 rupees per ton.
• All brands, trademarks, and assets will transfer to Ambuja Cement, creating a 'One Cement Platform' and PAN-India powerhouse.
• The transaction requires NCLT and other statutory approvals, moving Adani Group closer to its 140 MTPA capacity target by 2028.

Why It Matters: Adani Group's Ambuja Cement merges with ACC and Orient Cement to create a cement powerhouse.