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Shree Cement is an Indian cement manufacturer, founded in Beawar, Rajasthan, in 1979. Now headquartered in Kolkata , it is India's third largest cement producer by capacity [ 2 ] [ 3 ] and second largest cement company by market capitalisation. [ 4 ]
In 2002 Shree Cement was in deep trouble, and he nearly agreed a 50/50 merger with the French cement company Vicat. [3] With his father's approval, he declined the merger and turned things around, increasing capacity ten-fold over a decade, and with the share price rising from Rs 45 ten years ago to Rs 4,500.
Benu Gopal Bangur (born 1931) is an Indian billionaire businessman, and the chairman of Shree Cement. Early life. Bangur was born in 1931 in a Marwari Hindu family.
Beawar is the largest producer of cement in northern India and home to Shree Cement. [7] It is situated in a mineral-rich region having reserves of feldspar, quartz, asbestos, soapstone, magnesite, calcite, limestone, mica, emerald, granite, and masonry stone.
ACC Limited (Formerly The Associated Cement Companies Limited) is an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group . On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited.
Shree Cement: 21-Gopikishan Shivkishan Damani: 6.5 billion: Mumbai: DMart: See also References. This page was last edited on 29 November 2024, at 04:02 (UTC). Text ...
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The Dalmia-Jain Group challenged ACC's monopoly in the Indian cement industry by setting up cement factories all over India (including present-day Pakistan). It also ventured into other businesses; its subsidiaries included Bharat Bank, Bharat Fire and General Insurance, Lahore Electric, Govan group of companies, two cotton mills, a dairy, and ...
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