Archive · 19 Jun 2025
Ambuja Cements Increases Stake in Orient Cement to 72.66%
Ambuja Cements, a big company, bought more shares in Orient Cement, another company.
This increased Ambuja's ownership to over 70%.
This move is part of Ambuja's plan to grow bigger.
The purchase followed rules set by the government.
The market's reaction was neutral with a slight drop in share value, showing the move's strategic implications.
Ambuja Cements increased its stake in Orient Cement to 72.66% through an open offer.
Ambuja acquired 26% of Orient Cement's shares, totaling 5.34 crore equity shares.
The acquisition was executed under SEBI regulations.
The acquisition is part of Ambuja Cements' expansion strategy.
Ambuja Cement shares traded flat on June 19, slipping marginally.
- Who
- Ambuja Cements (Adani Group) and Orient Cement.
- What
- Ambuja Cements acquired a significant stake in Orient Cement.
- When
- The acquisition was announced on June 18, 2025.
- Where
- In the Indian cement market.
- Why
- As part of Ambuja Cements’ long-term expansion strategy.
- Ambuja Cements Stake Increase
- 72.66%
- Shares Acquired
- 5.34 crore
- Price per Share
- ₹395.40
- Transaction Type
- Open offer
- Regulatory Body
- SEBI
- Ambuja Cements Share Movement
- Slightly down
Sources
Orient Cement shares dive 17% today; here's what analysts have to say
Buy GRSE shares & sell Hudco stock; avoid Orient Cement for now, says YES Securities
Ambuja Cements raises stake in Orient Cement to 72.66%. Details here