ACC Ltd
NSE: ACC BSE: 500410
₹1170.10
+18.50 (1.61%)
Tue, 10 Nov 2026, 03:25 am
Market Cap (in Cr)21620.89
PE Ratio24.96
Dividend0.65
Non-Energy Minerals
Construction Materials
24.5KACC Ltd Company History
1936
- Incorporated in Mumbai.
- Issued 603,200 equity shares for consideration other than cash.
1959
- Formed ACC-Vickers-Babcock Ltd. with Vickers Ltd. and Babcock & Wilcox Ltd.
1965
- Signed agreements for sale of Wah and Rohri properties to West Pakistan Govt. for Rs 3.26 crores.
- Received guarantee from First National City Bank Mumbai branch.
- Issued 474,731 right equity shares in 1:5 proportion.
1973
- Collieries at Nowrazabad and Kotma nationalised.
1975
- Acquired 286,000 shares, making AVB subsidiary.
1979
- Received provisional payment of Rs 61.01 lakhs from Commissioner of Payments.
- Issued 474,731 bonus shares in 1:6 proportion.
1980
- Entered chemical engineering consultancy; secured orders and turnkey contracts.
- Received provisional payment of Rs 60.01 lakhs.
1981
- Changed subsidiary name to ACC-Babcock Ltd. after Vickers disinvestment.
1982
- State Cement Corporation of Pakistan rejected court judgement, sought arbitration on sale price.
1985
- Collaboration with Licensintorg for low temperature white cement technology.
- Issued 664,623 bonus equity shares in 1:5 proportion.
1986
- Issued 80,882 equity shares on conversion of loans; 16,175 bonus shares.
1987
- Issued 20,42,399 12.5% debentures on rights basis; 14,94,931 allotted.
- Offered 1,02,120 debentures to employees; 15,776 allotted.
1988
- Converted debentures into 1,510,707 equity shares at premium Rs 25.
1989
- Sold four loss-making plants: Shahabad, Lalani, Kistna, Porbandar.
- Project for 100% lignite use at Madukkarai.
- Assisted commissioning of 1 MTPA plant at Al-Qaim.
- Signed MOU with Nihon Cement for joint services.
1990
- Grey cement production 7.4 million tonnes; refractories 31,742 tonnes.
- Completed coal washing at Kymore.
- Developed in-house products including portland slag cement and refractories.
1991
- Agreement with Refractechnik for high quality bricks.
- Planned additional 25 MW turbine at Wadi.
- Planned 10,000 TPA synthetic ferric oxide plant at Falta.
- Incorporated Acc-Nihon Castings Ltd. JV with Nihon Cement.
1992
- Entered technological collaboration for IROX-NKK technology at Falta plant.
- Converted Sindri kiln to slag drier.
- Installed seven electrostatic precipitators.
- Proposed stake in Webel Electro Ceramics Ltd.
- JV with TELCO, Tata Exports, Asahi Glass for Floatglass India Ltd.
- Set up pilot plant for new refractories.
- Issued 2,238,202 bonus equity shares in 2:5 proportion.
1993
- Planned additional 25 MW power plant at Wadi.
- Entered JV with ALCOA for 10,000 TPA plant at Falta.
- Signed MOU with Fars Khuzistan Cement Co. for engineering JV.
1994
- Signed MOU for management of 1.2 MTPA Yanbu plant from 1996.
- Proposed modernisation of Lakheri and Kymore units for Rs 123 crores.
1995
- Commissioned 1.2 MTPA clinkering unit and modernized grinding plant at Kymore.
- Expanded RMC operations; commissioned units at Kalamboli and Bangalore.
- Signed JV with Bridgestone for tyre plant near Indore.
- Received approvals for US $100 million Euro issue.
- Issued 729,565 rights shares in 1:10 proportion at premium Rs 39.
1996
- Awarded contract for management of 2 MTPA cement plant in Saudi Arabia.
- Proposed new 2 MTPA cement plant at Wadi.
- Partly commissioned Nagpur unit for monolithic refractories.
- Issued 5,137,971 bonus equity shares in 3:5 proportion.
1997
- Signed MoU for new venture with KPCL.
- Set up pre-grinding unit at Chanda.
- Installing 10,000 tpd kiln at Wadi plant.
1998
- Commissioned Sindri modernisation; Tikaria PPC grinding unit 0.6 MTPA under implementation.
- ST-BSES to supply washed coal.
- Signed MoU with Ebara Corporation for environment projects.
- Bagged Ficci award for pollution control at Gagal unit.
- Preferential offer of warrants/equity to promoter group at Rs 110.
- Rights offer of equity at Rs 55 per share; subdivided face value to Rs 10.
1999
- Rights issue of equity shares Rs 10 each at premium Rs 45 in 1:4 ratio.
- Commenced commercial production of 25 MW captive power plants at Jamul and Kymore.
- Set up internal committee to review investments in subsidiaries.
- Planned Rs 750 crore capex for modernisation, expansion, and Wadi capacity.
2000
- Tata Group divested 14% equity stake to Gujarat Ambuja Group at Rs 370 per share.
- Completed modernisation and expansion of Chanda and Madukkarai plants to 1 MTPA each.
- De-bottlenecking at Chanda, Gagal, and Madukkarai added 1 MT capacity.
- Turned down proposal for diesel generating sets at Wadi.
- Suspended operations at Mancherial cement works due to limestone non-availability.
- Proposed 1 MTPA cement plant in Bellary.
- Proposed exit from non-core businesses.
2002
- Allotted 18,300 shares to employees.
- Re-appointed T.M. M. Nambiar as Managing Director until November 30.
- Redesignated M L Narula as Chief Operating Officer.
- Inducted A K Jain as Wholetime Director.
- P J Jagus resigned; appointed S M Palia as Director.
- Eternit Everest became subsidiary with 76.01% holding.
- Re-appointed P K Sinor as Wholetime Director.
- Allotted 12,100 shares under Employees Stock Option Plan 2000.
- Executed agreement to sell entire holding in International Ferrites Ltd. to EPCOS AG.
- Divested entire holding in GRUH Finance to HDFC.
- T M M Nambiar retired as Managing Director.
- Chairman Emeritus N A Palkhivala passed away.
- Singapore Investment Corp increased stake to 5.04%.
- Divested 500,000 shares of Tata Industries.
- Stopped agrotech and mining operations.
- Appointed M L Narula as Managing Director.
- Received full consideration for sale of equity in International Ferrites.
- Won PHDCCI Good Corporate Citizen Award for 2002.
- LIC held 14.31% stake.
2003
- Govt. of Singapore reduced holding from 4.23% to 2.96%.
- Sold 19.5% stake in Bridgestone ACC India to Bridgestone Corporation for Rs 50 crore.
- Increased stake in Eternit Everest India to 76%, renamed Everest Industries Ltd.
- Signed share purchase agreement to acquire 86.79% in IDCOL Cement Ltd.
2004
- Associated Ceramics Ltd. approved voluntary delisting from Calcutta and Hyderabad Stock Exchanges.
- Launched $100m GDR and FCCBs.
- Tied up with UTI MF to acquire 13.3% in Bargarh Cement for Rs 26.85 crore.
- Purchased 13.21% stake in Bargarh Cement from UTI, making it 100% subsidiary.
- Citigroup purchased 8.06 lakh GDRs.
- Appointed Naresh and Varshitha as Additional Directors.
- Delisted from Cochin Stock Exchange.
- Delisted from Delhi Stock Exchange effective October 13.
- Entered BTA with ACE Refractories.
2005
- Received CFBP Jamnalal Bajaj Uchit Vyavahar Puraskar Certificate of Merit 2004.
- Holcim entered strategic alliance with Ambuja Group; ACIL shareholding in ACC increased to 34.69%.
- Commissioned Modernisation and Expansion at Chaibasa with 1.2 MTPA clinkering unit and 15 MW captive power plant.
- Changed financial accounting year to January-December.
2006
- Merged Damodhar Cement & Slag Limited, Bargarh Cement Limited, and Tarmac (India) Limited with ACC.
- Announced new Workplace policy for HIV/AIDS.
- Changed name to ACC Limited effective September 1.
- Received Good Corporate Citizen Award 2005-06 from Bombay Chamber.
- Adopted new corporate brand identity and logo from October 15.
- Established Anti Retroviral Treatment Centre for HIV/AIDS at Wadi, Karnataka.
2007
- Partnered with Christian Medical College for HIV/AIDS treatment in Tamil Nadu.
- Sumant Moolgaokar Technical Institute completed 50 years and reopened with new curriculum.
2008
- Hived off ready mixed concrete business to ACC Concrete Limited.
- Inaugurated ACC Cement Technology Institute at Jamul.
- Released first Sustainable Development Report.
- Won CNBC-TV18 India Business Leader Award for Corporate Citizen of the year.
- Launched Project Orchid for green building transformation of Cement House.
2009
- Received Jamnalal Bajaj Uchit Vyavahar Puraskar.
- Allotted coal blocks in Madhya Pradesh and West Bengal.
- Inaugurated 1.60 million tonnes grinding plant at Thondebhavi, Karnataka.
2010
- Inaugurated Kudithini Cement Grinding Plant, Karnataka with 1.1 MTPA capacity.
- Acquired 100% equity of Encore Cements & Additives Private Limited, Vishakhapatnam.
- Entered platinum jubilee year.
- Received FICCI Award for Outstanding Corporate Vision Triple Impact.
2011
- Installed world's largest kiln at Wadi plant, Karnataka with 12,500 tonnes per day capacity.
- Central Control Room Building at Chanda Plant set up as Green building.
- Secretarial & Share processes received ISO 9001-2008 Certification.
2012
- Launched M-100 grade concrete for high intensity towers.
- Amalgamation of ACC Concrete and Encore Cements & Additives with ACC Limited.
2013
- Board recommended Final Dividend of Rs. 19 per equity share.
- Won CII-ITC Sustainability Prize for 2013.
2014
- Launched cement blending unit in Padubidri, Udupi, Karnataka with 30,000 tonnes per month capacity.
- Launched first Waste Heat Recovery System at Gagal in January.
2015
- Won Gold Shield at ICAI Awards for Excellence in Financial Reporting 2013-2014.
- Restarted limestone mining at Bargarh, Odisha.
- Recognized with CII-ITC Sustainability Award 2015.
2016
- Received Sustainable Plus Platinum label from CII-ITC Centre of Excellence in Sustainable Development.
- Received Silver award for Excellence in Financial Reporting for Annual Report 2014 from ICAI.
- Rated Sustainable Plus Platinum 2015 and named among India’s Most Sustainable companies.
2017
- CSR ranked 8th among top 100 companies in India by IIM Udaipur.
- Received CII-ITC Sustainability Award 2016 for Outstanding Accomplishment.
- Bagged Silver Award for excellence in financial reporting for Annual Report 2015 from ICAI.
2018
- First Indian cement company to publish Environmental Product Declaration for blended cement products across 17 plants.
- First cement company awarded GreenPro certification for all blended cement products by CII.
- Inked 100th Green Building Centre partnership in Salem, Tamil Nadu.
- Launched ACC Leak Block Waterproof Plaster.
- CSR project Clean & Green Madukkarai entered Guinness Book of World Records as largest recycling lesson.
2019
- Set world record for pumping concrete over 2.5 kilometers.
- Named Most Preferred Brand in cement category at National Real Estate Leadership Congress and Awards.
- 2018 annual report awarded by South Asian Federation of Accountants for reliability and transparency.
- Awarded Certificate of Recognition for Corporate Governance by Institute of Company Secretaries of India.
- Jamul unveiled 5.35 MW solar photovoltaic plant.
2020
- ACC Wadi won award for Energy Efficient Unit.
- Sustainability Development Report 2018 won Gold trophy in Environmental Communications.
- Won Bronze Award in External Magazines category for Indian Concrete Journal.
2021
- Five mines received 5 Star rating at National Conclave on Mines & Minerals.
- Ranked among Top 25 Coolest Workplaces in India by Business Today.
- ACC Gold Water Shield Cement received Efficient Solution Label by Solar Impulse Foundation.
- ACC Trust's DISHA Skill Development Programme received 19th FICCI CSR Awards.
2022
- Expanded capacity by 1.6 MTPA at Tikaria grinding unit, Uttar Pradesh.
- Launched ACC Airium climate control concrete insulation system.
- Ranked among top 2 most employee-friendly infrastructure and construction companies in India.
- Launched ACC Gold Water Shield water-repelling cement.
- Launched #BuildingIndia campaign.
2023
- Commencement of commercial production at Ametha Plant, Katni, Madhya Pradesh.
- Commitment to sustainable construction in Mumbai Coastal Road Project.
- Launched new ad film ‘Bharosa Atoot’.
- Recognised as Iconic Brands of India 2023.
- Launched General Duty Assistant Program.
- Launched world-class Cement and Concrete R&D Facility with Ambuja Cements.
2024
- Set up flour mill in Yavatmal District, Maharashtra.
- Thondebhavi Plant wins International Safety Award.
- Acquisition of Asian Concretes and Cements Pvt Limited at Rs. 775 crore enterprise value.
- Bargarh plant recognised for Superior Safety Practices by Government of Odisha and Indian Chamber of Commerce.
- Initiatives to improve water governance and management for rural communities.
2025
- Approval of Scheme of Amalgamation of ACC Ltd. with Ambuja Cements Ltd.
- First Indian Cement Company to Become a TNFD Adopter.
- Strengthens World’s Highest Railway Arch Bridge.
- Ambuja Cements and ACC Become India’s Leading Cement Companies with Net-Zero Targets Validated by the SBTI.
