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An update from Ambuja Cements Limited ( (IN:AMBUJACEM) ) is now available.
Ambuja Cements Limited has notified stock exchanges that the National Company Law Tribunal (NCLT) Ahmedabad Bench has scheduled a hearing on February 19, 2026, for the joint petition concerning the proposed Scheme of Arrangement between Penna Cement Industries Limited as the transferor company and Ambuja Cements as the transferee company. The company has published the tribunal’s hearing notice in national and regional newspapers and made the related documents available on its website, marking a formal procedural step in the regulatory approval process for the scheme that could reshape its corporate structure and consolidate its position in the cement sector, subject to the tribunal’s decision and stakeholder responses.
More about Ambuja Cements Limited
Ambuja Cements Limited is a leading Indian cement manufacturer, operating within the building materials industry and supplying cement and related products for infrastructure and construction markets across India and overseas. The company is part of the Adani Group and is headquartered in Ahmedabad, Gujarat.
Average Trading Volume: 132,166
Technical Sentiment Signal: Hold
Current Market Cap: 1358.4B INR
For a thorough assessment of AMBUJACEM stock, go to TipRanks’ Stock Analysis page.