ACC Limited

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ACC Limited
Type Public
Traded as BSE500410
NSEACC
Industry Cement
Founded 1936 [1]
Headquarters Mumbai,[2] India
Key people N.S. Sekhsaria, Chairman
Revenue INR8,268.31 crore (US$1.82 billion) [3]
Employees 10,000
Website Official Site

ACC Limited (Formerly The Associated Cement Companies Limited) (BSE500410, NSEACC) is the largest producer of cement in India based in Mumbai.[4] 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.

[edit] History

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.

[edit] Reference

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.

[edit] External links

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