The NCLT Ahmedabad has ordered Ambuja Cements to convene an equity shareholders meeting on December 30, 2025, to consider the proposed amalgamation with Penna Cement Industries. Ambuja Cements, having acquired 99.94% of Penna Cement's equity, will be the transferee company in this merger. The NCLT has waived meetings for various stakeholders and Penna Cement's shareholders. As of June 30, 2025, Penna Cement reported excess assets of Rs. 2,967.75 crores, while

showed Rs. 48,967.16 crores. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.