KYC is one time exercise with a SEBI registered intermediary while dealing in securities markets (Broker/ DP/ Mutual Fund etc.). | No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes...<< Prices as on Sep 30, 2024 - 3:59PM >>  ABB India 8063.25  [ -0.82% ]  ACC 2512.7  [ 1.15% ]  Ambuja Cements 630.6  [ -0.50% ]  Asian Paints Ltd. 3328.4  [ 0.55% ]  Axis Bank Ltd. 1232.45  [ -3.12% ]  Bajaj Auto 12344.05  [ -2.67% ]  Bank of Baroda 247.75  [ -0.68% ]  Bharti Airtel 1709.9  [ -1.46% ]  Bharat Heavy Ele 279.6  [ -2.80% ]  Bharat Petroleum 369.8  [ 0.68% ]  Britannia Ind. 6340  [ 1.07% ]  Cipla 1656.8  [ -0.89% ]  Coal India 510.1  [ -1.15% ]  Colgate Palm. 3810.75  [ 0.95% ]  Dabur India 625.35  [ -1.22% ]  DLF Ltd. 895.25  [ -2.02% ]  Dr. Reddy's Labs 6745.55  [ -0.14% ]  GAIL (India) 240.25  [ 1.39% ]  Grasim Inds. 2797.6  [ 0.58% ]  HCL Technologies 1794.5  [ -0.79% ]  HDFC 2729.95  [ -0.62% ]  HDFC Bank 1732  [ -1.19% ]  Hero MotoCorp 5711.45  [ -4.08% ]  Hindustan Unilever L 2958  [ -0.27% ]  Hindalco Indus. 755.95  [ 1.14% ]  ICICI Bank 1272.85  [ -2.58% ]  IDFC L 113.25  [ 1.25% ]  Indian Hotels Co 684.75  [ -3.50% ]  IndusInd Bank 1445.1  [ -1.19% ]  Infosys L 1876  [ -1.64% ]  ITC Ltd. 518.1  [ -0.89% ]  Jindal St & Pwr 1035.55  [ 0.91% ]  Kotak Mahindra Bank 1852.4  [ -1.10% ]  L&T 3675.5  [ -0.82% ]  Lupin Ltd. 2190.2  [ -1.41% ]  Mahi. & Mahi 3096.2  [ -2.70% ]  Maruti Suzuki India 13228.2  [ -1.99% ]  MTNL 52.04  [ -1.76% ]  Nestle India 2688.95  [ -2.12% ]  NIIT Ltd. 173.25  [ 0.67% ]  NMDC Ltd. 244.85  [ 4.15% ]  NTPC 443.1  [ 1.27% ]  ONGC 298  [ 0.46% ]  Punj. NationlBak 107.15  [ -1.92% ]  Power Grid Corpo 352.9  [ -0.37% ]  Reliance Inds. 2953.8  [ -3.23% ]  SBI 787.6  [ -1.88% ]  Vedanta 512.55  [ -0.06% ]  Shipping Corpn. 261.35  [ -2.34% ]  Sun Pharma. 1922  [ -1.38% ]  Tata Chemicals 1090.65  [ 2.22% ]  Tata Consumer Produc 1197.45  [ -0.32% ]  Tata Motors 974.7  [ -1.78% ]  Tata Steel 168.45  [ 1.17% ]  Tata Power Co. 482.7  [ -0.49% ]  Tata Consultancy 4268.4  [ -0.94% ]  Tech Mahindra 1576.1  [ -2.10% ]  UltraTech Cement 11810  [ -1.20% ]  United Spirits 1596  [ 0.03% ]  Wipro 541.35  [ -0.06% ]  Zee Entertainment En 137.65  [ 1.29% ]  

Company Information

Indian Indices

  • Loading....

Global Indices

  • Loading....

Forex

  • Loading....

ANDHRA CEMENTS LTD.

30 September 2024 | 03:48

Industry >> Cement

Select Another Company

ISIN No INE666E01020 BSE Code / NSE Code 532141 / ACL Book Value (Rs.) 31.42 Face Value 10.00
Bookclosure 28/03/2024 52Week High 139 EPS 0.00 P/E 0.00
Market Cap. 794.43 Cr. 52Week Low 76 P/BV / Div Yield (%) 2.74 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Andhra Cement was incorporated on 9th December 1936 under the Indian Companies Act, 1913. The first unit with a capacity of 100 tonnes per day was commissioned at Vijayawada in 1940. The capacity was extended in three stages in 1951,1958 and 1970. By 1970, the total capacity of the factory reached 2.4 lakh tonnes of cement per annum. The company manufactures cement. It markets the products under the trade name 'Durga Brand'. During 1989-90 there was a sharp decline in Clinker and Cement production due to erratic and inadequate supply of coal, paucity of working capital, continuous power cut etc. During same year (1989-90), the company came under the provisions of the Sick Industrial Companies Act, 1985. During 1990-91, production increased significantly by 72% despite shortage of fuel, power cuts and severe paucity of funds.

2004

-Delist from The Delhi Stock Exchange Association Ltd (DSE) with effect from December 11, 2004.

2006

- ICICI finalizes Rs 50-cr equity pact with Andhra Cement.

- Andhra Cement Ltd. appointed Shri Amitava Mondal as a Non-executive / Independent Director.

2008

-Andhra Cements Ltd has re-appointed Mr. K N Bhandari as 'Independent Director' of the Company w.e.f. August 21, 2007.

2010

- Andhra Cements Ltd Company's shares will be listed in National Stock Exchange of India Ltd (NSE) w.e.f. November 08, 2010

2011

-Andhra Cements Ltd has entered into a Share Subscription and Share Purchase Agreement to acquire 48,119,550 Equity Shares from the persons belonging to promoter and promoter group ("Sellers")

2012 -Andhra Cements appointed Shri B. K. Taparia (Independent Director) and Shri V. K. Jain as Directors of the Company.

2013 -Andhra Cement has recommended a Dividend of Rs. 6/- per share.

2014 -Andhra Cements starts production of cement at AP plant.