# 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.

- Type: Acquisition
- Announced: 2025-04-23
- Where: India
- Value: $254.0M (21.1B INR)
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ambuja Cements](https://endata.com/companies/15069.md) (acquirer)
- [Orient Cement](https://endata.com/companies/24597.md) (target)

## Sources

- [mediabulletins.com](https://mediabulletins.com/business/ambuja-cements-secures-full-acquisition-of-orient-cement-strengthens-market-presence/), 2025-04-23: "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."
- [stockinsights.ai](https://www.stockinsights.ai/in/ORIENTCEM/announcement/company-mergers-20250526-10e), 2025-05-26: "Orient Cement Ltd announced updates related to an open offer from Ambuja Cements Limited to acquire up to 53,419,567 equity shares at a price of ₹395.40 each, amounting to ₹2,112.21 crores."

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