Ambuja Cements Limited has announced the launch of its Second 100 Days Campaign titled "Saksham Niveshak" aimed at facilitating Know Your Customer (KYC) updation and enhancing shareholder engagement. The initiative is designed to prevent the transfer of unpaid and unclaimed dividends to the Investor Education and Protection Fund (IEPF) under the provisions of Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has published a newspaper advertisement in the Financial Express, covering both Ahmedabad and Mumbai editions, on Tuesday, April 28, 2026. This publication serves as a formal notice to shareholders regarding the campaign and the importance of completing necessary KYC and related updations.

Key Campaign Details

The intimation regarding this campaign has been uploaded to the company's official website at www.ambujacement.com , ensuring shareholders have access to the necessary information and can take appropriate action to update their records.

Company Information

Ambuja Cements Limited is listed on multiple stock exchanges including the National Stock Exchange of India Limited (Symbol: AMBUJACEM), BSE Limited (Scrip Code: 500425), and Luxembourg Stock Exchange (Code: US02336R2004). The registered office is located at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad – 382 421, Gujarat, India.

Manish Mistry, Company Secretary & Compliance Officer of Ambuja Cements Limited, signed the intimation on April 28, 2026, confirming the submission of this information to the stock exchanges for their records.

Jefferies has revised its outlook on Ambuja Cements while maintaining its Buy recommendation, significantly cutting the target price from ₹735 to ₹615. The adjustment reflects mounting concerns over energy cost pressures and margin compression in the cement sector.

Energy Cost Inflation Impact

The brokerage highlighted West Asia-led energy cost inflation as a primary concern, estimating an impact of approximately ₹300 per tonne on cement manufacturers. This substantial cost increase stems from geopolitical tensions and supply chain disruptions affecting energy markets in the region.

Sector-Wide Margin Pressure

Jefferies expects limited pricing pass-through capabilities across the cement industry, constraining companies' ability to offset rising input costs. The brokerage projects EBITDA cuts ranging from 4% to 9% for the period FY27-28, indicating sustained pressure on profitability metrics.

Company-Specific Challenges

Among cement sector peers, Ambuja Cements faces the sharpest estimate cuts according to Jefferies' analysis. The brokerage attributes this to the company's slower cost turnaround compared to industry competitors, suggesting operational efficiency challenges in the current environment.

Despite the significant target price reduction and operational headwinds, Jefferies maintains its Buy rating on the stock, suggesting confidence in the company's long-term prospects beyond the current cost inflation cycle.