Ambuja Cements' Finance Committee approved the allotment of 1,29,93,708 equity shares to Sanghi Industries shareholders pursuant to a scheme of arrangement.
The shares, with a face value of ₹2 each, will rank pari passu with existing equity and be listed on BSE and NSE.
The allotment includes 15,156 shares held in trust by Catalyst Trusteeship for fractional entitlements of Sanghi shareholders.
This is a regulatory disclosure under SEBI Listing Regulations following the completion of the merger scheme.