Ambuja Cements Receives 'No Adverse Observations' from BSE; NSE Grants 'No Objection' on ACC Amalgamation Scheme
Ambuja Cements Limited announced that it has received "no adverse observations" from the Bombay Stock Exchange (BSE) and a "no objection" status from the National Stock Exchange of India Limited (NSE) concerning the proposed scheme of amalgamation involving ACC Limited.The exchanges provided these responses on June 04, 2026. The scheme involves the amalgamation of ACC Limited (the amalgamating company) with Ambuja Cements Limited (the amalgamated company).
The receipt of favorable observations from both stock exchanges is a material step in the proposed corporate restructuring process.
Regarding the regulatory feedback:
- BSE provided observation letters stating 'no adverse observations.'
- NSE granted a 'no objection' status concerning the scheme.
These observations are part of the requirements for advancing the proposal, which remains subject to various statutory and regulatory approvals as applicable. The favorable opinions received from BSE and NSE will also be made available on the company's website.
AMBUJACEM Stock Price Movement
Ambuja Cements Limited shares closed today after shedding 0.13% to settle at ₹426.35. The stock traded intraday within a narrow band, hitting a low of ₹423.65 and peaking at a high of ₹429.8.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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