# 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.

- Type: Acquisition
- Announced: 2026-04-10
- Where: India
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ambuja Cements](https://endata.com/companies/15069.md) (acquirer)
- [Penna Cement Industries](https://endata.com/companies/78012.md) (target)

## Sources

- [scanx.trade](https://scanx.trade/stock-market-news/companies/ambuja-cements-completes-merger-with-penna-cement-industries-limited/37413884), 2026-04-11: "Ambuja Cements has successfully completed its merger with Penna Cement Industries Limited, with the scheme of arrangement becoming effective on April 10, 2026."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.