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Ambuja Cements Completed Acquisition of Orient Cement

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.

The Company will undertake necessary actions in compliance with its obligations under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in relation to the Open Offer.

As per the disclosure made by OCL dated April 13, 2025, OCL has allotted 3,49,976 fully paid-up equity shares of Re. 1/- each, pursuant to exercise of employee stock options under the Orient Cement Limited Employees Stock Option Scheme 2015.

Consequently, the paid-up share capital of OCL has increased from Rs. 20,51,09,897 divided into 20,51,09,897 equity shares having face value of Re.1/- each to Rs. 20,54,59,873 divided into 20,54,59,873 equity shares having face value of Rs. 1/- each.

Ambuja Cements has thus completed the acquisition of 9,58,73,163 equity shares constituting 46.66% of the existing share capital of OCL pursuant to the SPAs. 
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