Orient Cement Limited Completes Registered Office Relocation from Orissa to Gujarat

Orient cement Limited has officially completed the relocation of its registered office from Orissa to Gujarat, marking a significant administrative milestone for the company. The relocation became effective on January 9, 2026, following the receipt of necessary regulatory approvals and documentation.

Office Relocation Details

The company has moved its registered office from its previous location to a new address in Gujarat's commercial hub. The relocation details are outlined in the following table:

Parameter:	Details
Previous Address:	Unit VIII, Plot No.7, Bhoinagar, Bhubaneswar, Orissa, 751012
New Address:	Adani Corporate House, Shantigram, Near Vaishnodevi Circle, S. G. Highway, Ahmedabad - 382421, Gujarat
Effective Date:	January 9, 2026
New CIN:	L26940GJ2011PLC171878

Regulatory Compliance and Approvals

The office relocation process involved comprehensive regulatory compliance procedures. Orient Cement Limited had previously communicated with stakeholders through letters dated April 23, 2025, and December 19, 2025, regarding the planned shifting of the registered office. The company obtained a special resolution to alter the provisions of its Memorandum of Association with respect to the place of the registered office, changing it from the state of Orissa to Gujarat.

The Regional Director confirmed the alteration through an order dated December 18, 2025. Subsequently, the Registrar of Companies, Gujarat issued the "Certificate of Registration of Regional Director order for Change of State" on January 9, 2026, formally completing the relocation process.

Stock Exchange Notification

Orient Cement Limited has duly informed both major stock exchanges about the registered office change. The company communicated the development to BSE Limited (Scrip Code: 535754) and National Stock Exchange of India Limited (Symbol: ORIENTCEM) under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Structure Update

With the completion of the registered office relocation, Orient Cement Limited now operates under the jurisdiction of ROC Ahmedabad instead of the previous ROC Cuttack. The company's Corporate Identity Number has been updated to reflect the new state of incorporation, changing from L26940OR2011PLC013933 to L26940GJ2011PLC171878.

The relocation aligns the company's registered office with its existing corporate office location at Adani Corporate House, Shantigram, which has been serving as the company's operational headquarters. This consolidation is expected to streamline administrative processes and enhance operational efficiency for the cement manufacturer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.57%	-4.68%	+3.56%	-30.00%	-51.41%	+84.52%

Orient Cement Limited's board of directors approved a comprehensive scheme of amalgamation with Ambuja Cements Limited at its meeting held on December 22, 2025. The merger will see Orient Cement as the transferor company amalgamating with Ambuja Cements as the transferee company under Sections 230 to 232 of the Companies Act, 2013.

Share Exchange Structure

Under the approved scheme, Ambuja Cements will issue equity shares to Orient Cement shareholders based on an established ratio:

Parameter:	Details
Share Exchange Ratio:	33:100
Orient Cement Shares:	100 shares of ₹1.00 face value
Ambuja Cements Shares:	33 shares of ₹2.00 face value
Cash Consideration:	None
Valuation Date:	December 22, 2025

This means for every 100 shares of Orient Cement with a face value of ₹1.00, shareholders will receive 33 shares of Ambuja Cements with a face value of ₹2.00.

Shareholding Pattern Changes

The merger will significantly impact the shareholding structure of both companies:

Orient Cement Category:	Pre-Merger Shares	Post-Merger Shares	Pre-Merger %	Post-Merger %
Promoter/Promoter Group:	14,92,92,730	Nil	72.66%	0.00%
Public Shareholding:	5,61,67,143	Nil	27.34%	0.00%
Total:	20,54,59,873	Nil	100.00%	0.00%

Strategic Rationale and Business Synergies

The amalgamation aims to drive operational efficiencies and business synergies in cement manufacturing. Key strategic benefits include:

Benefit Area:	Expected Impact
Operational Integration:	Unified manufacturing and commercial functions
Resource Optimization:	Enhanced capital allocation and deployment
Market Positioning:	Strengthened competitive advantage
Decision Making:	Faster execution of production plans
Economies of Scale:	Cost optimization through pooled resources

Both companies are part of the Adani group, with Ambuja Cements holding 72.66% of Orient Cement's paid-up equity share capital. The merger will enable complete ownership and strategic alignment under unified management.

Regulatory Approvals and Valuation

The scheme requires comprehensive regulatory clearances before implementation, including approval from the National Company Law Tribunal. The share exchange ratio is based on a joint valuation report issued by GT Valuation Advisors Private Limited and BDO Valuation Advisory LLP, registered valuers. SBI Capital Markets Limited provided a fairness opinion on the valuation.

This merger represents a significant consolidation in the cement industry, combining operations to deliver enhanced value to shareholders and stakeholders through improved operational efficiency and business synergies.