Adani-owned Ambuja Cements receives NCLT nod for Sanghi Industries merger — Details here
India’s corporate adjudicator, the National Company Law Tribunal (NCLT), on Monday, February 9, 2026, approved the proposed merger between Adani Group’s Ambuja Cements and Sanghi Industries, according to a stock exchange filing.
The NSE filing showed that Ambuja Cement had obtained the NCLT court order from the Ahmedabad bench of the bench, which approved the merger between the two firms and their shareholders.
“We would like to inform you that the Hon’ble National Company Law Tribunal Ahmedabad Bench (“NCLT Ahmedabad”) today, i.e. on 9th February 2026, passed the order approving the Scheme of Arrangement between Sanghi Industries Limited (“Transferring Company”) and Ambuja Cements Limited (“Continuing Company”) and their respective shareholders,” the company informed the stock exchange on Monday.
The application also stated that the date determined for the merger plan is April 1, 2024 and that the agreement will come into force after the completion of the steps specified in the plan.
“The Appointment Date of the Plan is April 1, 2024. It will be valid after the completion of the steps specified in the Plan. We will update the exchanges when the program comes into force,” the company said.
Ambuja Cement share price
Shares of Ambuja Cement closed with 2.5% increase ₹542.70 after Monday’s trading session ₹According to NSE data, it was at 529.45 at the previous market close. The company received NCLT approval after market business hours on February 9, 2026.
According to NSE data, Ambuja Cement’s shares have given stock market investors over 100% return on their investment in the last five years and over 51% in the last three years. The company’s shares have gained more than 5% in value in the last year.
On a year-to-date (YTD) basis, the company’s shares have lost 3.03% so far in 2026 but are trading 6.31% higher in the last five sessions on the Indian stock exchange.
Shares of Ambuja Cement hit 52-week high ₹52-week low at 624.95 on July 22, 2025 ₹According to stock exchange data, market value of the 455th company on March 3, 2025 (M-Cap) ₹1.34 trillion as of Monday’s trading session.
Sanghi Industries share price trend
Sanghi Industries shares closed up 2.53% ₹64.02 after Monday’s trading session ₹NSE data shows 62.44 in the previous market session.
Shares of Sanghi Industries have given stock market investors more than 65% return on their investment in the last five years and over 3% in the last three years. NSE data also shows that the company’s shares have gained 10% in value in the last one-year period.
On a year-to-date (YTD) basis, the company’s shares have lost 2.11% so far in 2026 but are trading 6.15% higher in the last five sessions on the Indian stock exchange.
Sanghi Industries shares hit 52-week high ₹52-week low at 70.40 on July 22, 2025 ₹According to stock exchange data, 50.58 on March 3, 2025. The company’s M-Cap was at this stage: ₹1,653.80 crore as of Monday’s trading session.
