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![mupdatesbyscanx Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1926935883384553472.png) Market Updates by ScanX [@mupdatesbyscanx](/creator/twitter/mupdatesbyscanx) on x XXX followers
Created: 2025-07-17 14:01:06 UTC

Ambuja Cements (AMBUJACEM)
on NSE: XXXXXX (-0.15%)

NSE Grants 'No Objection' to Ambuja Cements-Sanghi Industries Merger Scheme

View: Positive

The National Stock Exchange (NSE) has issued a 'No Objection' letter for the proposed merger between Ambuja Cements Limited and Sanghi Industries Limited. The merger scheme involves Sanghi Industries merging with Ambuja Cements under Sections XXX to XXX of the Companies Act, 2013. NSE has set conditions including transparency in disclosures, up-to-date financials, and detailed shareholder information. The merger still requires approvals from the National Company Law Tribunal, creditors, and shareholders. This corporate action could significantly impact the Indian cement industry landscape.

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#Stocks #Market #AMBUJACEM

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**Related Topics**
[national stock](/topic/national-stock)
[corporate finance](/topic/corporate-finance)
[nse](/topic/nse)
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