The NCLT has approved the merger of Adani Cementation with Ambuja Cements, consolidating Adani Group's cement business. Effective from April 1, 2024, the merger involves share swapping, with Adani Enterprises receiving 8.7 million Ambuja Cements shares. This move aims to enhance value, increase manufacturing capacity, and improve resource utilization, supporting Ambuja Cements' expansion plans to reach 140 MTPA by FY28.