CCI green-lights Ambuja Cements’ plan to acquire 72.8% stake in Orient Cement

The Competition Commission of India (CCI), the country's antitrust regulator, on Tuesday, March 4, announced that it had approved Ambuja Cements Limited's plan to acquire up to 72.8 per cent stake in Orient Cement Limited.

“CCI approves the proposed acquisition of up to 72.8% shareholding of Orient Cement Limited by Ambuja Cements Limited,” the regulator said in a post on social media platform X. 

According to a Reuters report, the Adani Group-owned Ambuja Cements unveiled its plans to buy a stake worth $451 million in Orient Cement in an effort to compete with the industry behemoth, the Aditya Birla group-owned UltraTech Cement.

“The proposed transaction comprises the acquisition of 46.80 per cent of the issued share capital in the target (Orient Cement) by the acquirer (Ambuja Cements),” the CCI said in the official release which will increase Ambuja Cement's stake in the target company to 72.8 per cent.

According to a PTI report, the proposal to acquire a majority stake in Orient Cement was for ₹8,100 crore. Ambuja Cements' scale of operations includes operating 22 integrated cement plants in India, 10 bulk cement terminals, and 21 grinding units. 

Ambuja Cements Share Price

Ambuja Cements' shares closed 0.57 per cent higher at ₹474.85 in Tuesday's trading session, compared to ₹472.15 at the previous market close. The CCI approval announcement came after market hours on March 4.

The Adani-owned cement maker's shares have given stock market investors over 130 per cent returns on their investment in the last five years. However, the stock has been trading 23.19 per cent lower for the last one year. Ambuja Cements shares have lost nearly 12 per cent on a year-to-date (YTD) basis in 2025.

Orient Cement Share Price

Orient Cement shares closed 0.86 per cent lower at ₹327.50 in Tuesday's trading session, compared to ₹330.35 at the previous market close.

Orient Cement shares have gained more than 320 per cent in the last five years and 42.30 per cent in the last one year. However, the shares are trading 5.02 per cent lower on a year-to-date basis.

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