Ambuja Cements completes acquisition of 46.66% stake in Orient Cement

Ambuja Cements, part of the Adani Group, has completed the acquisition of 46.66% equity shares of Orient Cement (OCL) pursuant to share purchase agreements, and will proceed with an open offer as per SEBI regulations.

“Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, would like to inform that the company has completed the acquisition of 9,58,73,163 equity shares constituting 46.66% of the existing share capital of OCL pursuant to the SPAs.”mediabulletins.com

• 2 sources
• mediabulletins.comAmbuja Cements Secures Full Acquisition of Orient Cement, Strengthens Market PresenceMansi PraharajApr 23, 2025
• stockinsights.aiORIENTCEM Orient Cement Ltd Acquisitions and mergers AnnouncementOrient Cement LtdMay 26, 2025

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