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With environment protection measures that are on par with the finest in the developed world. The company's most distinctive attribute, however, is its approach to the business. Ambuja follows a unique homegrown philosophy of giving people the authority to set their own targets, and the freedom to achieve their goals. This simple vision has created an environment where there are no limits to excellence, no limits to efficiency.

And has proved to be a powerful engine of growth for the company. When the company started out, it approached the cement business with an open mind. To compete with the older, established players who had already written off their plant cost, it was important to have the lowest capital cost per ton of cement.

Their plants would have to be set up in record time. And their power consumption would have to set a record low these were the main theme of company. Today, Ambuja is the 3rd largest cement company in India, with an annual plant capacity of 16 million tonnes including Ambuja Cement Eastern Ltd. In , Ambuja Cement set up a complete system of transporting bulk cement via the sea route.

Making it the first company in India to introduce bulk cement movement by sea. Handles ships with 40, DWT. It is also equipped to export clinker and cement and import coal and furnace oil. In the company approved a proposal, wherein Ambuja will first acquire from Holderind Investments Ltd. These intra—group transactions will result in Ambuja holding Surat: Bulk Cement Terminal with a storage capacity of 15, tonnes has bulk cement unloading facility. Galle: kms from Colombo, Sri Lanka. In the year , the company started commercial production in Kodinar plant with an enhanced capacity.

Also, they entered into an annual contract with a Soinhalese firm, Mahaveli Marine Cement, to supply around 2. In the year , the company started commercial production at Maratha Cement Works plant. In June , they started commercial production in the new 2-million tonne Greenfield cement plant at Chandrapur, Maharashtra. In the year , Ambuja Cement Rajasthan was amalgamated with the company. In February , the company set up a cement mill with a capacity of 80 TPH at Darlaghat and commenced commercial production.

The company set up new clinker capacity at Bhatapara in Chattisgarh and Rauri in Himachal Pradesh, each having a capacity of 2. In , Global Cement Major Holcim acquired management control of the company. The company commenced commercial production at two new 2.

In February 24, , the company inaugurated their cement plant grinding unit at Dadri, Uttar Pradesh with the capacity of 1. In March 27, , they inaugurated their cement plant grinding unit at Nalagarh, Himachal Pradesh with the capacity of 1. During the year, the company commissioned an additional 30 MW captive power unit at Ambujanagar Gujarat.

In October , the company signed an agreement with the Rajasthan State Industrial Development and Investment Corporation, to set up a 2. In the year , the company started commercial production in a new cement mill at a cost of approx Rs. Also, they commissioned a new cement mill of 0. The company commissioned a 7. The company increased the installed capacity in Bhatinda grinding unit in Punjab by 0. Also, they increased the installed capacity in Farraka grinding unit in West Bengal by 0.

The company entered into a joint venture for speciality cement manufacturing facility in Goa with Counto Microfine Products Pvt Ltd. It was decided that Ambuja would first acquire from Holderind Investments Ltd. On 10th July, Holcim Ltd. LH , a world leader in cement and building material industry. LH is present in 90 countries with around 1,15, employees. LH is the ultimate holding Company and Ambuja continues to receive all-round support from them in various facets of the Companys business and support functions.

On 24 May , Ambuja Cement announced the completion of its Rs crore expansion project at its Sankrail grinding unit near Kolkata, thereby raising the capacity of the unit to 2. During the year, one non-functional subsidiary viz. Kakinada Cements Ltd. On 29 April , Ambuja Cement announced the launch of a superior composite cement product for better sustainability under the brand Ambuja Compocem.

Ambuja Cements Board of Directors at its meeting held on 5 May approved constitution of a special committee of directors with majority of independent directors to explore the possibility of a merger of Ambuja Cement and ACC. During the year , the company allotted 58,44,17, equity shares of the face value of Rs.

At the same time, ,, equity shares, which were held by HIPL, were cancelled as cross holding in terms of the said Scheme. As a result of the allotment of new equity shares and cancellation of cross holding, the equity share capital has increased from Rs. This acquisition will secure long-term security and savings in cost of fuel for the plants. The estimated CAPEX for the development of this coal block would be approximately crores and mining operations expected to commence in By clicking on Signup, you agree to the Terms and conditions.

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LH , a world leader in cement and building material industry. LH is present in 90 countries with around 1,15, employees. LH is the ultimate holding Company and Ambuja continues to receive all-round support from them in various facets of the Companys business and support functions.

On 24 May , Ambuja Cement announced the completion of its Rs crore expansion project at its Sankrail grinding unit near Kolkata, thereby raising the capacity of the unit to 2. During the year, one non-functional subsidiary viz. Kakinada Cements Ltd. On 29 April , Ambuja Cement announced the launch of a superior composite cement product for better sustainability under the brand Ambuja Compocem.

Ambuja Cements Board of Directors at its meeting held on 5 May approved constitution of a special committee of directors with majority of independent directors to explore the possibility of a merger of Ambuja Cement and ACC. During the year , the company allotted 58,44,17, equity shares of the face value of Rs.

At the same time, ,, equity shares, which were held by HIPL, were cancelled as cross holding in terms of the said Scheme. As a result of the allotment of new equity shares and cancellation of cross holding, the equity share capital has increased from Rs. This acquisition will secure long-term security and savings in cost of fuel for the plants.

The estimated CAPEX for the development of this coal block would be approximately crores and mining operations expected to commence in By clicking on Signup, you agree to the Terms and conditions. Click Here to trade. Temporary Password will be sent to your Mobile No. Get notified for Latest News and Market Alerts. Not Now Enable. This website uses cookies.. Home Markets Company Summary.

Day's Range Ex. QuickLinks for Ambuja Cements Ltd. News Company Sector News. Email address. Create a Password. Confirm Password. Verify your Details Mobile No. Verification OTP has been sent to registered number. Resend OTP in Your Registration is Completed. Password Remember me. Temporary Password has been sent to registered number and email address.

Reset Password Temporary Password. Set a new Password. Your Password has been reset. Login Login. Enter Mobile Number. Submit Close. Friday was a good day for foreign investment in the country, with the FIPB clearing deals worth over Rs 4, crore.

The CCEA also allowed the "subsequent reverse merger through a share swap. This would entail outflow of Rs 3, crore. The amendment removes conflict between provisions of the IDS that provided immunity from Benami Act condition to transfer of property to actual beneficial owner. Proposed restructuring by Holcim, featuring a hike in its stake in Ambuja Cements, does not bode well for shareholders of Ambuja.

Holcim, the world's second-largest cement maker, has raised its stake in India's top cement manufacturer ACC Ltd by three per cent to nearly 42 per cent by buying shares from the open market for over Rs crore.

Holcim's subsidiary Holdering Investments bought six crore equity shares, representing 3. Have you read these stories? ET NOW. Brand Solutions. Reshape Tomorrow Tomorrow is different.