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Brief
"On 04/03/2025, the Competition Commission of India issued an update regarding 'CCI approves the proposed acquisition of up to 72.8% shareholding of Orient Cement Limited by Ambuja Cements Limited'. The proposed transaction involves the acquisition of a majority stake in Orient Cement Limited by Ambuja Cements Limited through two steps: Step 1 includes acquiring a 46.80% share capital, followed by an open offer under Regulation 3(1) and 4 of SEBI for up to 26% of the expanded share capital."
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