In a major move for India’s cement industry, the Board of Directors of Ambuja Cements Limited, part of the Adani Group, has approved two separate Schemes of Amalgamation for the integration of ACC Limited and Orient Cement Limited into Ambuja Cements. The proposed consolidation is aimed at creating a single, unified cement and building materials platform, strengthening scale, efficiency, and long-term competitiveness.
Commenting on the decision, Karan Adani, Non-Executive Director, Ambuja Cements Limited, said the consolidation marks a decisive step toward building a globally competitive and fully integrated cement enterprise. By bringing Ambuja Cements, ACC, and Orient Cement under one corporate structure, the group will enhance operational efficiency, accelerate growth, and generate sustained long-term value. He added that a strong balance sheet and proven execution capabilities position the unified entity to effectively support future expansion and productivity initiatives.
The amalgamation is expected to unlock significant operational and financial synergies. Integrated manufacturing, streamlined logistics, and more efficient capital deployment are expected to improve margins, support capacity expansion, and enhance shareholder returns over the long term. The move will also simplify the corporate structure by removing overlaps, lowering administrative costs, and enabling faster and more agile decision-making across the organisation.
As part of the restructuring, there will be no requirement for separate management service agreements with ACC, Orient, Penna, or Sanghi, as these entities will become integral parts of Ambuja Cements. This simplification supports Ambuja’s strategic roadmap to expand cement capacity from 107 million tonnes per annum (MTPA) to 155 MTPA by FY28, while maintaining financial discipline and flexibility to respond to market demand.
For shareholders, the amalgamation offers direct ownership in a larger, stronger, and future-ready cement company. The transaction is designed to enhance scale and market leadership by bringing together two of India’s most established cement brands—Ambuja and ACC—under a single corporate umbrella. Both brands will continue to operate independently in their respective markets, preserving brand equity and customer relationships.
The consolidation also follows a stakeholder-centric approach. The proposed amalgamations of Sanghi Industries and Penna Cement with Ambuja Cements are at various stages of approval, and once completed, all stakeholders will engage with one unified organisation. This alignment is expected to improve transparency, consistency, and engagement across the value chain.
From a sustainability perspective, the merged entity will benefit from a unified ESG framework, enabling faster adoption of renewable energy, low-carbon cement technologies, and responsible manufacturing practices. This integrated approach strengthens Ambuja Cements’ leadership in sustainable construction materials.
Ambuja Cements Limited is currently the world’s ninth-largest building materials solutions company and a key part of the Adani Group’s rapidly expanding portfolio of sustainable businesses. With a cement capacity of around 107 MTPA across 24 integrated plants and 22 grinding units, the company is advancing its decarbonisation journey through investments in 1 GW of renewable energy, 376 MW of waste heat recovery capacity by FY28, and a partnership with Coolbrook to deploy zero-carbon RotoDynamic Heater™ technology. Committed to achieving net-zero emissions by 2050, Ambuja Cements is recognised globally for its leadership in sustainability, innovation, and responsible growth.
