Open offer transaction details
In a regulatory filing dated June 18, 2025, ambuja cements disclosed the purchase of 5.34 Crore Equity Shares in Orient Cement at 395.40 apiece. This acquisition – amounting to exactly 26 percent of orient cement’s total share Capital – WAS Conducted Through an open offer extended to Public Sharehlders. Prior to this transaction, Ambuja Held 9.58 Crore Shares or 46.66 Percent Stake in the company. With this latest round of acquisition, its total ownership has risen to 14.92 Crore Shares, Accounting for 72.66 Percent of Orient Cament’s Equity.
The transaction did not involve any complex Financial Instruments Such as Convertible Securities, Warrants, or Pledged Ambuja Acquired only Direct Equity Shares with Voting Rights, Making the Deal Transparent and Compliant with Regulatory Guidelines.
Strategic Importance for Adani Group
The acquisition is part of Ambuja Cements’ Long-Term Expaniation Strategy and Doovetails with the adani group’s broader ambitions in the infrastructure and buying materials space. By crossing the 70 Percent Ownesip Threshold in Orient Cement, Ambuja is Expected to Gain Greater Operational Control and The Ability to Drive Synergies Manufacturing, Logistics, Logistics.
This move comes at a time when the adani group is aggressively scaling up capacity through both organic and inorganic routes. With orient cement now firmly under its control, ambuja could leverage its distribution and production capacity more efficiently across regions.
Cement Sector Implications and Analyst Commentary
In a post-deal note, global brokerage jeferies maintained a bullystained a bullish stance on Ambuja Cements. “We maintain our ‘buy’ rating on Ambuja Cement with a target price of 700, Implying A 29 Percent UPSIDE from Current Levels, “The Brokerage said. Jeferies also highlighted that management is on track to scale care to 140 million tonnes per annum by 28, upwards 100 MTPA Currently.
“The company is focused on cost efficiencies and expects Industry Demand to Recover to 7-8 Percent in FY26,” Jeferies Added. According to the management, recent pricing trends from
Market Reaction and Stock Movement
Despite the strategic significance of the deal, the market reaction has been mixed. Ambuja Cement Shares Traded Flat on June 19, Slipping marginally by less than one percent. The stock is down over 2 percent so far in June.
Meanwhile, Orient Cement Has Seen Significant Volativity. After plunging over 16 percent in the previous session, the stock fell another 1 percent in intra-day trading today. For June so far, orient cement has tanked near 28.5 percent, Likely Reflecting Investor Concerns Around Valuation, Open offer Pricing, or Future Integration UNCERTAINTIES.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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