Amalgamation of Sanghi Industries with Ambuja Cements complete
This story was originally published at 21:52 IST on 12 March 2026
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MUMBAI – Ambuja Cements Ltd. said the amalgamation of Sanghi Industries Ltd. with the company has been completed, and the latter has been dissolved with effect from Thursday. This follows the two companies filing a certified copy of the National Company Law Tribunal's order with the Registrar of Companies. The appointed date for the scheme is Apr. 1, Ambuja Cements said in an exchange filing.
The equity shareholders of Sanghi Industries, names of which appear in the register of members on Apr. 6, will be entitled for allotment of equity shares of Ambuja Cements. In 2024, the board of Ambuja Cements had approved a share-swap ratio of 12 Ambuja Cements shares of INR 2 face value for every 100 Sanghi Industries shares of INR 10 face value.
For the quarter ended December, Ambuja Cements reported a consolidated net profit of INR 2.04 billion on a revenue of INR 101.81 billion. Thursday, shares of the company ended 2.5% lower at INR 446.45 on the National Stock Exchange. End
Reported by Eshitva Prakash
Edited by Deepshikha Bhardwaj
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