ACC Limited

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ACC Limited
Type Public company
Traded as BSE500410
NSEACC
Industry Cement
Founded 1936[1]
Headquarters Mumbai,[2] India
Key people N.S. Sekhsaria, Chairman
Revenue INR98522.0 million (US$1.6 billion)[3]
Net income INR13252.6 million (US$220 million)[4]
Employees 10,000
Website Official Site

ACC Limited (Formerly The Associated Cement Companies Limited) one of the largest producers of cement in India. It's registered office is called Cement House. It is located on Maharishi Karve Road, Mumbai.[5] The stock price of company contributes in calculating BSE Sensex.

The management control of company was taken over by Swiss cement major Holcim in 2004. On 1 September 2006 the name of The Associated Cement Companies Limited was changed to ACC Limited. The company is only cement company to get Superbrand status in India.[6]

History[edit]

In 1936 ten cement companies belonging to Tatas, Khataus, Killick Nixon and F E Dinshaw groups merged to form a single entity, The Associated Cement Companies. Sir Nowroji B Saklatvala was the first chairman of ACC. The first board of directors had some prominent industrialists – J R D Tata, Ambalal Sarabhai, Walchand Hirachand, Dharamsey Khatau, Sir Akbar Hydari, Nawab Salar Jung Bahadur and Sir Homy Mody.

References[edit]

  1. ^ "ACC Limited". ACC Limited. Archived from the original on 25 July 2010. Retrieved 2010-08-12. 
  2. ^ www.automation.siemens.com
  3. ^ http://www.acclimited.com/newsite/annual_report_11/balance_sheet_11.pdf
  4. ^ http://www.acclimited.com/newsite/annual_report_11/balance_sheet_11.pdf
  5. ^ "ACC Limited". ACC Limited. 1 August 1936. Archived from the original on 25 July 2010. Retrieved 2010-08-12. 
  6. ^ "ACC pockets Superbrand status". The Economic Times. 4 October 2004. Retrieved 17 March 2012. 

ACC Limited is India’s foremost cement manufacturer with a countrywide network of factories and marketing offices. Established in 1936, ACC has been a pioneer and trend-setter in cement and concrete technology. Among the first companies in India to include commitment to environment protection as a corporate objective, ACC has won accolades for environment friendly measures taken at its plants and mines, and has also been felicitated for its acts of good corporate citizenship.

External links[edit]