Ambuja Cements to Merge ACC and Orient

Ambuja Cements, a company owned by the Adani Group, has decided to merge two of its other companies, ACC and Orient Cement, into itself.

This means that ACC and Orient Cement will no longer exist as separate companies.

Instead, their shareholders will get shares in Ambuja Cements.

The merger is expected to make the company stronger and more efficient.

It will also help Ambuja Cements to increase its cement production capacity.

The merger still needs approval from regulators and shareholders, and it is expected to be completed in the next year.