India: shareholders approve Ambuja–Orient merger
Shareholders of Ambuja Cements and Orient Cement have approved the proposed amalgamation of Orient into Ambuja at meetings held on 28 September 2026. The scheme received 99.98 p...
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Shareholders of Ambuja Cements and Orient Cement have approved the proposed amalgamation of Orient into Ambuja at meetings held on 28 September 2026. The scheme received 99.98 p...
Orient Cement reported consolidated net profit of INR770m (US$8.9m) for 1QFY2026-27, down by 62.4 per cent from INR2.05bn in the corresponding period of FY2026. Net sales at the...
India’s Adani Group has approved the consolidation of its cement operations into a single corporate structure, moving to merge ACC Ltd and Orient Cement Ltd into Ambuja Cements ...
India’s Orient Cement has reported a 18.25 per cent YoY increase in revenue to INR6.43bn (US$72.70m) in 2QFY26 Profit before tax reached INR0.73m in the same period, an impressi...
Orient Cement Ltd reported a sharp rise in earnings for the quarter ended 30 June 2025 (1QFY25-26), with revenue from operations climbing 24.5 per cent YoY to INR8.665bn (US$102...
Indian manufacturer Orient Cement Ltd (OCL), part of the CK Birla group, saw a 38.3 per cent drop in net profits to INR420.7m (US$4.88m) for the January-March 2025 quarter, acco...
The Competition Commission of India (CCI) has approved the proposed acquisition of up to 72.8 per cent shareholding of Orient Cement Ltd by Ambuja Cements Ltd ( Adani Cement Gro...
Orient Cement Ltd , based in Bhubaneswar, India, and part of Ambuja Cements Ltd , reported a total income of INR5476m in the quarter ended 30 September 2024 (2QFY24-25), down 24...
Ambuja Cements , part of the Adani Group , has agreed to acquire Orient Cement Ltd at the equity value of INR81bn (US$963.4m). This binding agreement set Ambuja to acquire a 46....
CK Birla Group subsidiary Orient Cement Ltd reported a 1.4 per cent uptick in revenue from operations to INR8.88bn in January-March 2024 when compared with the equivalent quarte...