Ambuja Cements has acquired a 37.8% stake in Orient Cement, marking a significant consolidation move in the Indian cement industry.
The acquisition was executed through a share purchase agreement with the promoter group, followed by an Open Offer for an additional 26% stake at ₹395.40 per share.
🎯 Key Highlights:
✅ Ambuja now holds full control of Orient Cement
✅ Strong manufacturing footprint across key southern and western states
✅ Consolidation to drive economies of scale and better pricing power
✅ Long-term growth outlook supported by infrastructure and housing demand
This deal could mark the beginning of a new era in the cement industry, where larger players are strengthening their positions to drive the next wave of growth.