Adani-owned Ambuja Cements receives NCLT nod for Sanghi Industries merger — Details here

Indian corporate judicial body, the National Company Law Tribunal (NCLT), on Monday, 9 February 2026, approved the proposed merger between Adani Group-owned Ambuja Cements and Sanghi Industries, according to an exchange filing.

The NSE filing showed, Ambuja Cement received the NCLT tribunal order from the judicial body's Ahmedabad bench, sanctioning the merger between the two firms and their shareholders.

“We would like to inform you that the Hon’ble National Company Law Tribunal, Ahmedabad Bench (“NCLT Ahmedabad”) has today, i.e. February 9, 2026, pronounced the order sanctioning the Scheme of Arrangement between Sanghi Industries Limited (“Transferor Company”) and Ambuja Cements Limited (“Transferee Company”) and their respective shareholders,” the company informed the exchange on Monday.

The filing also showed that the appointed date of the merger scheme is 1 April 2024, and the agreement will be effective after the completion of the steps mentioned in the scheme.

“The Appointed Date of the Scheme is April 1, 2024. It will be effective upon completion of the steps, as laid out in the Scheme. We will update the exchanges once the Scheme becomes effective,” the company said.

Ambuja Cements share price

Ambuja Cements shares closed 2.5% higher at ₹542.70 after Monday's trading session, compared to ₹529.45 at the previous market close, according to the NSE data. The company received the NCLT nod after the market operating hours on 9 February 2026.

Shares of Ambuja Cements have given stock market investors more than 100% returns on their investment in the last five years, and over 51% returns in the last three years, NSE data shows. The company's stock has gained more than 5% in the last one-year period.

On a year-to-date (YTD) basis, the company's shares have lost 3.03% so far in 2026, but are trading 6.31% higher in the last five sessions on the Indian stock market.

Ambuja Cements' stock hit its 52-week high level at ₹624.95 on 22 July 2025, while the 52-week low level was at ₹455 on 3 March 2025, according to the exchange data. The company's market capitalisation (M-Cap) stood at over ₹1.34 trillion as of the trading session on Monday.

Sanghi Industries share price trend

Sanghi Industries shares closed 2.53% higher at ₹64.02 after Monday's trading session, compared to ₹62.44 at the previous market session, NSE data shows.

Shares of Sanghi Industries have given stock market investors more than 65% returns on their investment in the last five years, and over 3% returns in the last three years. NSE data also shows that the shares of the company have gained 10% in the last one-year period.

On a year-to-date (YTD) basis, the company's stock has lost 2.11% so far in 2026, but is trading 6.15% higher over the last five sessions on the Indian stock market.

Sanghi Industries shares hit their 52-week high level at ₹70.40 on 22 July 2025, while the 52-week low level was at ₹50.58 on 3 March 2025, according to the exchange data. The company's M-Cap was at ₹1,653.80 crore as of the trading session on Monday.