New Delhi, June 19 -- Adani Group stock Ambuja Cements has acquired a 26 percent stake in Orient Cement, pushing its total shareholding in the company to 72.66 percent. The strategic acquisition was executed via an open offer under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011, and marks a major consolidation move within the Indian cement sector.

In a regulatory filing dated June 18, 2025, Ambuja Cements disclosed the purchase of 5.34 crore equity shares in Orient Cement at Rs.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 shareholders. Prior to this transaction, Ambuja held 9.58 crore shares or...