Scheme of Arrangement
Ambuja Cements Dispatches Share Allotment Intimation to Sanghi Industries Shareholders After Scheme Implementation
NSE
ambujacem
BSE
500425
Ambuja Cements Limited has informed the stock exchanges that it has dispatched allotment and credit intimation letters to eligible shareholders of Sanghi Industries Limited following the implementation of the approved Scheme of Arrangement. The company has also received trading approvals from NSE and BSE, with trading in the newly allotted equity shares commencing from 30 June 2026.
PRICE-SENSITIVE TRIGGER
Event: Dispatch of share allotment intimation letters pursuant to the Scheme of Arrangement with Sanghi Industries Limited.
Type: Scheme of Arrangement
Impact: Neutral
Immediate Effect: Eligible Sanghi Industries shareholders have been informed about the credit of Ambuja Cements equity shares into their demat accounts. Trading approval for these shares has already been obtained from both stock exchanges.
What Happened ?
Ambuja Cements informed the exchanges that, pursuant to the Scheme of Arrangement between Sanghi Industries Limited (Transferor Company) and Ambuja Cements Limited (Transferee Company), it dispatched allotment and share credit intimation letters to eligible shareholders on 2 July 2026.
The company also confirmed that it has received trading approvals from both the National Stock Exchange of India and BSE Limited, enabling trading of the allotted shares from 30 June 2026.
A specimen copy of the allotment intimation letter has been submitted along with the exchange filing for record purposes.
Key Details
Share Exchange Implementation:
- Eligible Sanghi Industries shareholders have received allotment and credit intimation letters.
- Share allotment was completed pursuant to the NCLT-approved Scheme of Arrangement.
- Trading approval has been obtained from both NSE and BSE.
Share Exchange Ratio:
- Eligible shareholders received 12 fully paid-up equity shares of ₹2 each of Ambuja Cements for every 100 fully paid-up equity shares of ₹10 each held in Sanghi Industries.
Trading Status:
- Trading in the newly allotted Ambuja Cements shares commenced on 30 June 2026.
- Shares have been credited to eligible shareholders’ demat accounts in accordance with the approved scheme.
Fractional Entitlements:
- Fractional entitlements have been consolidated.
- Consolidated fractional shares will be handled through the Scheme Trustee, with net sale proceeds distributed to eligible shareholders after applicable deductions.
Note:
- The filing primarily serves as a regulatory confirmation of the completion of shareholder communication following implementation of the approved restructuring scheme.
Risk Analysis
Summary:
- The disclosure represents an implementation milestone of an already approved corporate restructuring and does not introduce any new operational or financial risks.
Key Risks:
- No material execution risks disclosed.
- Administrative processing of fractional entitlement distribution remains subject to the Scheme provisions.
- No litigation or regulatory concerns have been reported in relation to this communication.
Worst Case:
- Minor administrative delays in processing fractional share proceeds could occur, without affecting the completed share allotment.
Risk Level: Low
Company Commentary
- Allotment and credit intimation letters have been dispatched to eligible shareholders of Sanghi Industries.
- Trading approvals have been received from NSE and BSE.
- Trading in the allotted equity shares commenced on 30 June 2026.
- A specimen allotment intimation letter has been submitted to the stock exchanges for record.
Official Exchange Filing: Ambuja Cements Limited
