Ambuja Cements Limited has announced a takeover of Orient Cement Limited by acquiring up to 5,34,19,567 shares, representing 26.00% of the expanded share capital. The offer is being made at ₹395.40 per share, payable in cash, under SEBI’s takeover regulations. You can refer to the letter of offer (LOF) from the company here.
This open offer follows Ambuja’s acquisition of a 46.80% stake in Orient Cement through share purchase agreements with the promoters and other key shareholders.
All shareholders holding shares of Orient Cement Limited are eligible to tender their shares before the closure of the tendering period.
Open Offer Schedule
Event
Date
Opening date of Tendering Period
May 27, 2025
Closure date of Tendering Period
June 09, 2025
Credit of payment for accepted shares/credit of unaccepted shares to the Demat account
June 23, 2025
How to tender the shares?
The offer will be conducted through the stock exchange mechanism (NSE/BSE). Eligible shareholders can place a tender order through Console by navigating to Portfolio > Corporate actions. Here’s how:
Shares must be in demat form and should not be under T1 settlement or pledged.
Funds for accepted shares will be credited to the linked bank account, and unaccepted shares will be credited back to the demat account.
Registrar and Transfer Agent Contact Details
MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Address: C-101, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083
Telephone: +91 8108114949
Email: [email protected] Website: https://in.mpms.mufg.com/
Sir,Suppose I want to buy some of bucket of stocks or individual stocks,that time stocks(individual or bucket)when prices are drop that time only I want to buy place orders automatically,is it possible to automatically execute order when stock price are drop that time only order execute?,please share the your valuable and knowledgeable information ,in my office phone not allowed,please share the suggestions and guidance for me for best when the price are low that time place orders without person selecting with right price,any technical or any things is there means please tell me sir,how to place orders with good price (price drop price in that day)without manually doing place orders,in morning or evening ,before and after market how place orders with best price,please answer my question sir…
How will you know final allotment price for retail was 8,366. I was placed order on 8,050rs, in retail investors final price also shown in zerodha 8,050rs,but did not received any OFS,how will you know final OFS price of non retail investors ,how will you possible to get OFS ,where it is available in (retail and non retail) subscription data in OFS,how will you know final allocate OFS price for retail share holders, Thank you sir…
Regards,
3nadh.
So yeah, it looks like there’s a chance to buy low and tender high, easy profits and all. But there’s no guarantee your shares will actually be accepted. If too many people jump in, it works proportion wise so yeah, not risk free and depends entirely on allotment.