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The India Cements Limited is a cement manufacturing company based in Chennai. It is the 9th largest listed cement company in India by revenue. [ 2 ] The company is headed by former International Cricket Council chairman and Board of Control for Cricket in India president N. Srinivasan .
Srinivasan took over as vice-chairman and managing director of India Cements in 1989. He made a hostile attempt to takeover Andhra Pradesh based Raasi Cements in 90's and merged it with India Cements. The Rs 380-crore deal was one of the biggest ever acquisitions in Indian corporate history, and the first successful hostile takeover.
The company is the only cement company to get Superbrand status in India. [ 6 ] On 14 April 2022, Holcim announced that it would exit from the Indian market after 17 years of operations as part of a strategy to focus on core markets and listed its stakes in ACC and Ambuja Cements for sale.
Pages in category "Cement companies of India" The following 15 pages are in this category, out of 15 total. This list may not reflect recent changes. A. ACC (company)
The company expanded by acquiring Lafarge India Limited in 2016 and later changed its name to Nuvoco Vistas Corp. Ltd in 2017. [5] In 2019, Nuvoco launched its first Captive Power Plant (CPP) and Waste Heat Recovery (WHR) system at its Chittorgarh Cement Plant. [6] In 2020, it took over NU Vista Limited (previously known as Emami Cement Limited ...
Pages in category "India Cements" The following 4 pages are in this category, out of 4 total. This list may not reflect recent changes. C. Chennai Super Kings Cricket; G.
Cement Corporation of India Limited (CCI) is the only cement manufacturing Public Sector Undertaking of Government of India.The company was incorporated as a wholly government-owned corporation on 18 January 1965, with the objective of setting up cement units in public sector to help achieve self-sufficiency in cement production in the country.
On 15 January 1996, the company changed its name to OCL India to reflect its non-cement ventures, including steel and iron. [8] After Jaidayal Dalmia's death, OCL was controlled by his sons Ajay Hari Dalmia, Mridu Hari Dalmia and Raghu Hari Dalmia; Ajay Hari separated in 1999, to start his own venture under the name Renaissance Group. [ 5 ]