About ACC Ltd
ACC Ltd. is one of India's well-known cement producers, they manufacture and sell both cement and ready-mix concrete. The company operates in the building materials sector, focusing mainly on cement production. It has been around for more than 88 years, having been founded on August 1, 1936. ACC Ltd.’s headquarters are in Mumbai, Maharashtra, and it was originally called The Associated Cement Companies Limited before being renamed to ACC Limited in 2006.
The company’s promoters are the Adani Group, a major Indian multinational company that took a significant stake in ACC Ltd. in 2022. The Adani Group now holds a 56.69% stake in ACC Ltd (Of which 50.05% is held through Ambuja Cements), making it the primary owner and decision-maker. This shareholding gives them a strong influence on the company's operations and direction. Here is a list of their top promoters -
ACC Ltd. offers a wide variety of products to meet the needs of the construction industry. Their main products include Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC), composite cement, and ready-mixed concrete. These products are used everywhere, from small residential buildings to massive infrastructure projects.
While ACC Ltd. is a major player in India’s cement industry, it is not the largest company in terms of market share or market value. However, it continues to be one of the most important and respected companies in the sector due to its long history, quality products, and wide reach.
The company’s registered office is located at Cement House, 121 Maharshi Karve Road, in Mumbai. However, their registrar is situated in Selenium Tower B, Plot No. 31-32, Gachibowli, in Hyderabad. It is managed by a highly experienced leadership team, with Karan Adani as the Chairman and Ajay Kapur as the Managing Director and CEO. Their guidance ensures that ACC Ltd. continues to maintain its strong position in the Indian construction industry.
In its early days, ACC Ltd. played a crucial role in India’s infrastructure development. It supplied cement for large-scale projects like the construction of dams, bridges, and factories. Even during World War II, when raw materials and transportation were in short supply, ACC Ltd. managed to keep its operations going and even contributed to the war effort by providing cement for defence projects.
After India gained independence, ACC Ltd. expanded its operations and began opening new cement plants across the country. During the 1950s and 1960s, the company adopted modern technologies to improve production efficiency and products. One of these innovations was the use of rotary kilns, which allowed for more consistent and high-quality cement production. ACC Ltd. also introduced pre-calciners in its manufacturing process, which further improved its efficiency.
A major turning point for ACC Ltd. came in 2004 when it became part of the Holcim Group, one of the largest suppliers of cement and aggregates in the world. Being part of Holcim gave ACC Ltd. access to global expertise and resources, which helped the company further improve its reach. Under Holcim’s ownership, ACC Ltd. continued to invest in sustainability, such as using alternative fuels and better materials. This helped the company reduce its environmental impact and contribute to eco-friendly practices.
In 2022, ACC Ltd. experienced another major change when the Adani Group acquired a controlling stake in the company. The Adani Group’s investment was part of its strategy to diversify its business and get a better hold of the infrastructure sector. This acquisition provided ACC Ltd. with new growth opportunities and access to the Adani Group’s extensive.
Throughout its history, ACC Ltd. has been dedicated to corporate social responsibility and sustainable development. The company has taken many initiatives to protect the environment and improve employee welfare. ACC Ltd. has been revered for its efforts to use sustainable construction practices and reduce its carbon footprint.
In the 21st century, ACC Ltd. has continued to evolve with the changing demands of the construction industry. The company has embraced digitalization and technology to enhance its manufacturing processes. Through adopting smart technologies, ACC Ltd. is able to better monitor its production plants and optimize operations.
Today, ACC Ltd. operates numerous state-of-the-art cement plants. It also has a strong distribution network that ensures its products are delivered efficiently to customers across India and beyond. The company still continues to innovate and invest in new technologies to maintain its position in the cement industry.
ACC Ltd.'s journey from its founding in 1936 to its current status as a leading cement producer is a testament to its commitment to excellence. Over the decades, the company has adapted to the market and expanded its operations to meet the growing demand for high-quality construction materials. With the support of the Adani Group and its continued focus on sustainable development, ACC Ltd. is well-positioned to remain a major player in the Indian cement industry for many years to come.
The company’s promoters are the Adani Group, a major Indian multinational company that took a significant stake in ACC Ltd. in 2022. The Adani Group now holds a 56.69% stake in ACC Ltd (Of which 50.05% is held through Ambuja Cements), making it the primary owner and decision-maker. This shareholding gives them a strong influence on the company's operations and direction. Here is a list of their top promoters -
-
Karan Adani
-
Ajay Kapur
-
Vinay Prakash
-
Sandeep Singhi
-
Arun Kumar Anand
ACC Ltd. offers a wide variety of products to meet the needs of the construction industry. Their main products include Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC), composite cement, and ready-mixed concrete. These products are used everywhere, from small residential buildings to massive infrastructure projects.
While ACC Ltd. is a major player in India’s cement industry, it is not the largest company in terms of market share or market value. However, it continues to be one of the most important and respected companies in the sector due to its long history, quality products, and wide reach.
The company’s registered office is located at Cement House, 121 Maharshi Karve Road, in Mumbai. However, their registrar is situated in Selenium Tower B, Plot No. 31-32, Gachibowli, in Hyderabad. It is managed by a highly experienced leadership team, with Karan Adani as the Chairman and Ajay Kapur as the Managing Director and CEO. Their guidance ensures that ACC Ltd. continues to maintain its strong position in the Indian construction industry.
The History of ACC Ltd.
ACC Ltd. has a long and interesting history. The company was formed on August 1, 1936, by merging ten smaller cement companies that existed at the time. The idea behind the merger was to create a stronger company capable of meeting the increasing demand for cement in India’s rapidly growing construction industry.In its early days, ACC Ltd. played a crucial role in India’s infrastructure development. It supplied cement for large-scale projects like the construction of dams, bridges, and factories. Even during World War II, when raw materials and transportation were in short supply, ACC Ltd. managed to keep its operations going and even contributed to the war effort by providing cement for defence projects.
After India gained independence, ACC Ltd. expanded its operations and began opening new cement plants across the country. During the 1950s and 1960s, the company adopted modern technologies to improve production efficiency and products. One of these innovations was the use of rotary kilns, which allowed for more consistent and high-quality cement production. ACC Ltd. also introduced pre-calciners in its manufacturing process, which further improved its efficiency.
A major turning point for ACC Ltd. came in 2004 when it became part of the Holcim Group, one of the largest suppliers of cement and aggregates in the world. Being part of Holcim gave ACC Ltd. access to global expertise and resources, which helped the company further improve its reach. Under Holcim’s ownership, ACC Ltd. continued to invest in sustainability, such as using alternative fuels and better materials. This helped the company reduce its environmental impact and contribute to eco-friendly practices.
In 2022, ACC Ltd. experienced another major change when the Adani Group acquired a controlling stake in the company. The Adani Group’s investment was part of its strategy to diversify its business and get a better hold of the infrastructure sector. This acquisition provided ACC Ltd. with new growth opportunities and access to the Adani Group’s extensive.
Throughout its history, ACC Ltd. has been dedicated to corporate social responsibility and sustainable development. The company has taken many initiatives to protect the environment and improve employee welfare. ACC Ltd. has been revered for its efforts to use sustainable construction practices and reduce its carbon footprint.
In the 21st century, ACC Ltd. has continued to evolve with the changing demands of the construction industry. The company has embraced digitalization and technology to enhance its manufacturing processes. Through adopting smart technologies, ACC Ltd. is able to better monitor its production plants and optimize operations.
Today, ACC Ltd. operates numerous state-of-the-art cement plants. It also has a strong distribution network that ensures its products are delivered efficiently to customers across India and beyond. The company still continues to innovate and invest in new technologies to maintain its position in the cement industry.
ACC Ltd.'s journey from its founding in 1936 to its current status as a leading cement producer is a testament to its commitment to excellence. Over the decades, the company has adapted to the market and expanded its operations to meet the growing demand for high-quality construction materials. With the support of the Adani Group and its continued focus on sustainable development, ACC Ltd. is well-positioned to remain a major player in the Indian cement industry for many years to come.
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