05 Oct 2026, 14:08 IST
ACC Limited
HDFC Securities (HSIE Research)
The report says ACC, a listed subsidiary, is to be merged into Ambuja within the next two quarters with most approvals in place, contributing to ~14% equity dilution by FY27-end.
From Ambuja Cement Update Oct26 HSIE, written by HDFC Securities (HSIE Research) and hosted by HDFC Securities. Orivam summarised it; the view is HDFC Securities (HSIE Research)'s, not Orivam's.
Open the original PDF on HDFC Securities →Research PDFs are often removed by the firms that publish them. The summary above is kept so this page still means something if that happens.