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Ambuja Cements completes merger with Penna Cement · Endata

◂ Announcements

Apr 10, 2026ACQUISITIONIndia

Ambuja Cements completes merger with Penna Cement

Ambuja Cements has completed its scheme of arrangement with Penna Cement Industries Limited, effective April 10, 2026, after receiving NCLT approval. Penna Cement is amalgamated and dissolved, with cash consideration to eligible shareholders.

Status

Completed

Productscement

CompaniesAmbuja Cements acquirer Penna Cement Industries target

Sectors#Construction Materials

“Ambuja Cements has successfully completed its merger with Penna Cement Industries Limited, with the scheme of arrangement becoming effective on April 10, 2026.”scanx.trade

1 source
scanx.tradeAmbuja Cements Announces Penna Cement Merger Effective April 10, 2026DhanApr 11, 2026

Summarized from public sources; check the original articles before acting on it.

More from Ambuja Cements

Nov 2, 2026EXPANSIONAssam, Bihar, Jharkhand, Gujarat, Maharashtra, Uttar Pradesh, India$1.53Bops 2029
Ambuja Cements plans ₹14,500 crore expansion to 155 MTPA by FY30
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Ambuja Cements announces ₹14,500 crore investment to add 30 MTPA cement capacity
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Jun 4, 2026ACQUISITIONIndia
Ambuja Cements gets exchange nod for amalgamation with ACC
Ambuja Cements acquirer ACC target scanx.trade
May 11, 2026NEW FACILITYMawan village, Guna district, Madhya Pradesh, India$127.0M1,500 jobsops 2028
Ambuja Cement to build $127M grinding plant in Guna, Madhya Pradesh
Ambuja Cements Adani Group investor cemnet.com
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NCLT approves merger of Sanghi Industries with Ambuja Cements
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Dec 22, 2025ACQUISITIONIndia
Ambuja Cements board approves merger of ACC and Orient Cement
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