News
Events
NEW
Research
NEW
Talk to Us
FEEDBACK
Loading…
Ambuja Cements Acquires 26% Stake in Orient Cement via Open Offer | Bullu
ORIENTCEM
Ambuja Cements Acquires 26% Stake in Orient Cement via Open Offer
Source
|
13:24 19 Jun 25
mergers & acquisitions
regulatory filings
Ambuja Cements Limited acquired 5,34,19,567 equity shares of Orient Cement Limited, constituting 26% of the share capital.
The acquisition was made pursuant to an open offer to the eligible public shareholders of Orient Cement as per SEBI (SAST) Regulations.
Following the acquisition, Ambuja Cements Limited's shareholding in Orient Cement stands at 46.66%.
The total promoter and promoter group holding in Orient Cement is now 72.66%.
Public shareholding in Orient Cement is now 27.34%.
The acquisition date was June 18, 2025, with shares acquired at ₹395.40 per share.
Read More
Subscribe
Ask Bullu
More Latest News