Ambuja Cements Limited has officially confirmed that the scheme of arrangement with Sanghi Industries Limited became effective on March 12, 2026, following the filing of certified copies of the National Company Law Tribunal order with the Registrar of Companies. The company has set April 6, 2026 as the record date for determining eligible shareholders for equity share allotment.

Scheme Implementation and Regulatory Compliance

The scheme of arrangement between Sanghi Industries Limited (Transferor Company) and Ambuja Cements Limited (Transferee Company) received approval from the Hon'ble National Company Law Tribunal, Ahmedabad Bench on February 9, 2026. Both companies filed the certified copy of the NCLT order with the Registrar of Companies, Ahmedabad, Gujarat on March 12, 2026, fulfilling all conditions specified in Clause 3.3 of the Scheme.

Corporate Restructuring Impact

With the scheme now effective, Sanghi Industries stands amalgamated with Ambuja Cements Limited and dissolved without being wound up. According to the official intimation filed under Regulation 30, equity shareholders of Sanghi Industries whose names appear in the Register of Members as on April 6, 2026 will be entitled for allotment of equity shares of Ambuja Cements Limited.

Exchange Notifications and Disclosure Requirements

Ambuja Cements Limited has notified multiple stock exchanges about the scheme's effectiveness, including National Stock Exchange of India Limited, BSE Limited, and Luxembourg Stock Exchange. The disclosure complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Documentation and Compliance

The intimation, signed by Company Secretary & Compliance Officer Manish Mistry, confirms that all relevant documentation has been uploaded on the company's website at www.ambujacement.com . The official communication was digitally signed on March 12, 2026, ensuring complete regulatory compliance and transparency in the merger process.

This strategic corporate restructuring integrates Sanghi Industries' operations with Ambuja Cements Limited, creating value for shareholders through the structured share exchange mechanism while maintaining full regulatory compliance across all listed exchanges.

Sanghi Industries has received a regulatory disclosure from Invesco Mutual Fund regarding the crossing of the 5% shareholding threshold, as mandated under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure, dated March 12, 2026, reveals significant institutional investment activity in the company's shares.

Acquisition Details

Invesco Mutual Fund, through its scheme Invesco India Arbitrage Fund, acquired 3,32,500 equity shares of Sanghi Industries through open market transactions on March 11, 2026. This acquisition increased the fund's total shareholding from 1,27,31,250 shares to 1,30,63,750 shares.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which requires institutional investors to notify companies and stock exchanges when their shareholding crosses the 5% threshold. Hardik Mehta, Chief Risk Officer at Invesco Asset Management (India) Pvt. Ltd., signed the disclosure document.

Company Share Capital Structure

Sanghi Industries maintains a stable equity share capital structure with no changes resulting from this transaction. The company's share capital details remain consistent:

Investment Characteristics

The acquisition was executed through open market purchases, indicating normal trading activity rather than any special arrangement or allotment. Invesco Mutual Fund confirmed that it does not belong to the promoter or promoter group of Sanghi Industries, maintaining its status as an independent institutional investor.

Market Implications

This substantial acquisition by Invesco Mutual Fund demonstrates institutional confidence in Sanghi Industries' business prospects. The crossing of the 5% threshold places Invesco among the significant shareholders of the company, potentially influencing future corporate governance and strategic decisions. The fund's investment through its arbitrage scheme suggests a strategic approach to value creation in the cement and construction materials sector.