India’s Adani Group to merge Ambuja Cements, ACC and Orient Cement into a single platform

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Abstract

India's Adani Group to merge Ambuja Cements, ACC and Orient Cement into a single platform In a significant development for India's cement sector, Ambuja Cements Limited, which is part of the diversified Adani Group, has received approval for two separate legal plans from its Board of Directors to merge ACC Limited and Orient Cement Limited, into a single consolidated 'One Cement Platform'.The Adani family holds 67.68% of the assets of Ambuja Cements, while the public holds the remaining 32.32%.Ambuja Cements is with 50.05% the main shareholder in ACC Limited and with 72.66% in Orient Cement.For the quarter ended in September 2025, the Group operated 107 Mta of cement capacity from 24 integrated cement plants (Photo: Darlaghat-Rauri cement plant) and 22 grinding units.The group is planning to achieve 118 Mta by the end of FY 2026 and 155 Mta in a revised target by FY 2028.

Fields of Study & Subjects

Corporate Finance and Governance Merger and Competition Analysis Financial Analysis and Corporate Governance

Publication details

Journal / source
ZKG International
Volume
2026
Issue
1
Publication date
1 January 2026
Language
EN