Ambuja Cements Ltd
NSE: AMBUJACEM BSE: 500425
₹350.45
(0.42%)
Fri, 16 Oct 2026, 11:08 am
Market Cap (in Cr)87005.87
PE Ratio19.84
Dividend0.57
Non-Energy Minerals
Construction Materials
24.5KCompany History
1981
- Incorporated as Ambuja Cements Pvt. Ltd. on 20 October, promoted by GIIC and N.S. Sekhsaria associates.
- Entered agreements with Krupp Polysius for plant equipment.
1983
- Converted to public limited company on 19 March.
- Name changed to Gujarat Ambuja Cements Ltd. on 19 May.
- All initial shares subscribed by promoters.
1985
- Received letter of intent for capacity expansion to 1.4 MTPA.
- Issued equity shares with preferential allotments and public offer.
- Commissioned initial cement plant.
1986
- Commenced cement production.
- Issued 20 lakh equity shares on 1:1 rights basis.
1988
- Production declined to 802,301 tonnes due to rains and floods.
1989
- Commissioned 12.6 MW diesel generating sets.
1990
- Received approvals for 1 MTPA plant at Suli, Himachal Pradesh.
1991
- Issued 10 lakh 17.5% NCDs on private placement.
- Proposed equity shares, NCDs with warrants for expansion.
1992
- Initiated bulk cement sea transportation; completed Kodinar and New Mumbai terminals.
1993
- Gajambuja Cement unit produced first clinker in March.
- Allotted rights shares and shares on warrants.
1994
- Commissioned 1.5 MTPA plant in Himachal Pradesh and Punjab.
- Acquired land at Sahranpur for grinding unit.
- Ordered machinery for 1 MTPA plant at Ambujanagar.
- Issued 1:1 bonus shares; allotted to IFC.
1995
- Proposed additional cement mill at Himachal plant.
- Allotted shares on FCCB, rights, and warrant conversion.
1996
- Added ships Ambuja Keerti and Shakti to fleet.
- Submitted Modi Cements revival proposal to IDBI.
- Allotted shares on warrant conversion.
1997
- Allotted 100 million 10% pref shares; redeemed 30 million 12.75% pref shares.
- Kodinar plant commenced with enhanced capacity.
- Offered to set up cement plant in Jammu & Kashmir.
- Setting up two 1.5 MTPA units through subsidiaries.
- Signed MoU for Modi Cement revival.
1998
- Planned $20 million clinker grinding unit in Sri Lanka.
1999
- Proposed 6 MTPA greenfield plant in Andhra Pradesh.
- Setting up 0.5 MTPA bulk terminal at Tuticorin.
- Amalgamated Maratha Cements subsidiary.
- Proposed 1:1 bonus shares.
2000
- Entered agreement with L&T for bulk cement transport cost reduction.
- Proposed slag cement unit near Jindal Vijayanagar Steel.
- Signed contract for 2.5 lakh tonnes annual cement supply to Mahaveli Marine Cement.
- Set up cement terminal in Galle, Sri Lanka.
2001
- Issued $100 million FCCBs internationally.
- Raised Rs 200 crore via NCDs.
- Received Rs 200 crore investment from Warburg Pincus.
- Announced Rs 50 crore share buyback.
2002
- Commenced commercial production at Maratha Cement Works.
- Board approved merger of Ambuja Cement Rajasthan.
- Raised Rs 50 Cr via NCDs.
- Allotted 80 lakh warrants to Warburg Pincus affiliate.
- SAT directed SEBI to examine ACC stake deal.
2003
- SEBI cleared no violation in ACC deal.
- Raised $80 million via External Commercial Borrowings.
2004
- BIFR sanctioned merger of Ambuja Cement Rajasthan.
- Appointed Shri NP Ghuwalewala as Wholetime Director.
2005
- Issued bonus shares in 1:2 ratio.
- Split face value from Rs 10 to Rs 2.
- Gave Rs 25 lakh aid for quake victims.
2006
- Holcim acquired management control and raised stake above 50%.
- Changed accounting year.
2007
- Changed name from Gujarat Ambuja Cements Ltd to Ambuja Cements Ltd.
2008
- Appointed Mr. Naresh Chandra as additional director.
2009
- Launched Ambuja Knowledge Center operational in Jaipur, Ahmedabad, Kolkata.
- Granted stock options under ESOS.
2010
- Inaugurated 1.5 MTPA grinding unit at Dadri, Uttar Pradesh.
- Inaugurated 1.5 MTPA grinding unit at Nalagarh, Himachal Pradesh.
- Dadri Grinding Unit received ISO 9001, 14001, and OHSAS 18001 certifications.
2011
- Celebrated 25 years of operation with silver jubilee.
- Achieved water-positive status certified by Det Norske Veritas.
- Acquired 85% equity in Dang Cement Industries Pvt. Ltd., Nepal.
- Acquired 60% equity in Dirk India Pvt. Ltd.
2012
- Allotted shares under ESOS.
- Received 2 awards at CII Sustainability Awards.
- Maratha Cement Works won gold for safety at FICCI Awards.
2013
- Bagged Asia's Most Promising Brand & Leader Award.
- Rabriyawas plant awarded Energy Efficient Unit in National Energy Management Awards.
- Approved proposal to acquire 24% Holcim stake.
2014
- Chirawa Foundation won Water Digest Water Award 2013-14.
- Bathinda Foundation won NABARD Partnership Excellence Award for crop productivity.
- Launched Ambuja Plus in Rajasthan and Gujarat.
- Launched new TV campaign on social awareness.
2015
- Achieved 4.03 times water positive factor.
2016
- Won FICCI CSR Award for Water Resource Management.
- Received Bombay Chamber Civic Award for social development.
- Won accolades at CII-ITC Sustainability Awards with ACC.
2017
- Won six accolades at CII-ITC Sustainability Awards.
- Won two awards at NCB International seminar.
- Launched Ambuja Plus Cool Walls in Surat and Punjab.
- Manovikas Kendra won Overall Championship Trophy at Punjab State Special Olympic Games.
- Won CII National Award for Excellence in Water Management.
- Bagged Yes Bank Natural Capital Award.
- Launched Ambuja Compocem composite cement product.
- Key partner in India’s longest highway tunnel in Jammu & Kashmir.
2018
- Launched Ambuja Plus Cool Walls in Nagpur and Raipur.
2019
- Partnered with Indian Cricket Team as Official Partner for South Africa tournament.
2020
- Joined hands with ACC to support Covid-19 impacted people.
2021
- Tied up with IIT Madras for green and sustainable solutions.
- Foundation partnered with Hafele for Menstrual Hygiene Management Project.
- Commenced commercial production at Marwar Cement Plant in Nagaur, Rajasthan.
- Geocycle won CII 3R award for Excellence in Managing Municipal Solid Waste.
2022
- Rupnagar Producer Company awarded Best Farmer Producer Organisation in Punjab for 3rd time.
- Received Bronze Class distinction from S&P Global Sustainability Awards.
- Foundation recognized as Best Project Implementation Agency by NABARD.
- Ranked as India’s Most Trusted Cement Brand by TRA Research.
- Launched IHB Clinics for individual home builders.
2023
- Completed acquisition of Sanghi Industries for Rs. 5,185 Cr, increasing capacity to 74.6 MTPA.
- Bhatapara Plant received APEX India OH&S Platinum Award for safety.
- Ranked among India's Top 50 Most Sustainable Companies by BW Businessworld.
- Launched world-class Cement and Concrete R&D Facility with ACC.
- Won ICC Social Impact Award for West Bengal and Chhattisgarh.
2024
- Commissioned 200 MW solar power plant in Khavda, achieving 70% power cost savings.
- Became world's first cement company to join Alliance for Industry Decarbonization.
- RKBA Limestone Mine received 5-Star Rating from Ministry of Mines.
- Announced Rs. 1600 Cr investment for 6 MTPA cement grinding unit in Bihar.
- Bhatapara and Roorkee plants won Platinum and Gold Awards for Environmental Excellence.
