September 10, 2020

Modi Cement Merged With Ambuja Cement

1998 -Modi Cement is renamed Ambuja  Cement Eastern Ltd.

2006 - Ambuja Cement Eastern merges with Gujarat Ambuja Cement

Merger Ratio ; For  5 shares  - Rs 10 paid up of  Ambuja Cement Eastern 4 shares - Rs. 2 paid up of Gujarat Ambuja Cement were issued

2007 - Gujarat Ambuja Cement name changed to Ambuja Cement .


 Blog Comments
Shareholders of erstwhile Modi Cement should get all the Bonus /Split issues ( if any ) and  unclaimed dividends
  First get your Modi Cement shares exchanged for Ambuja Cement shares .

  You may write to Company Secretary , Ambuja Cement 
Elegant Business Park, MIDC Cross Road 'B', Off Andheri-Kurla Road, Andheri (E), Mumbai 400059 022 - 40667000


Good News- Get Back Your Transferred Dividends / Shares

You can , also , claim dividends which may have been transferred to Education Protection Fund.- Please Recheck all information 

 DLF Cement Was Merged with Ambuja Cement
DLF Cement name first changed to Ambuja Cement Rajasthan Limited ( ARCL ).

Then , around 2004 ,ARCL was merged with  Gujarat Ambuja Cement Limited .

Merger Ratio 1 Gujarat Ambuja = 50 ARCL shares
 Bonus in 2005 in the ratio of 1 ; 2
Split in June 2005   From Rs.10 to Rs.2 .Please Check your Entitlement post Merger .

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