ACC Ltd Merger Details

NCLT approval pending; simplifies Adani cement structure post-Orient acquisition, targets cost reductions in fuel, logistics. Q3 FY26 consolidated net profit plunged 63% YoY to ₹404 crore on ₹6,391 crore revenue (up 22% YoY), reflecting higher expenses amid softer cement prices. Ambuja Cements board approved merger of ACC and Orient Cement into Ambuja via share swaps (328 Ambuja shares per 100 ACC, 33 per 100 Orient), aiming to create a unified "One Cement Platform" under Adani Group for efficiency. Shares traded at ₹1,472 (+1.40% on Mar 10), with analysts viewing the deal favorably for Ambuja shareholders while neutral for ACC minorities.