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The FCCL Board of Directors gave their approval for the integration of Askari Cement Ltd. into its operations through a scheme of arrangement. The consolidation occurred based on a share swap ratio of 5:1, implying that for every 1 share held in Askari Cement Limited, 5 shares of Fauji Cement Company Limited were issued. [10] [11] [12]
The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. [1]In determining representative companies to compute the index on, companies with the highest market capitalization are selected.
Lucky Cement Limited was founded in 1993 by Abdul Razzak Tabba. [5] [6] It established a cement manufacturing plant in Pezu located in Lakki Marwat District of the Khyber Pakhtunkhwa Province. [7] Along with 2 other plans located in Karachi. [2] In 1994, Lucky Cement was listed on the Karachi Stock Exchange following an initial public offering. [8]
Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited (GACL), is a major Indian cement producing company. [4] The Group markets cement and clinker for both domestic and export markets.
Producer price index data released on December 12 reported wholesale prices — or the prices manufacturers pay to producers of goods and services — rising 3% year over year in November, up from ...
The claim alleged that the defendants eliminated competition in the market for cement and concrete by charging artificially high prices from at least the period 2000 to 2009. The claim further alleged that the conspiracy was facilitated through in-personal meetings, telephone conversations and other communications.
Burnpur Cement Limited is one of the largest producers of cement in Eastern India. The company has a plant in Asansol, West Bengal, which is functioning since 1991. It has a capacity of 1,000 TPD. The Patratu unit of Burnpur Cement Limited has a production capacity of 800 tonnes-per-day (TPD) cement. [3]
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