ACC (company)
 |
|
| Public company | |
| Traded as | BSE: 500410 NSE: ACC |
| Industry | Cement |
| Founded | 1936[1] |
| Headquarters | Mumbai,[2] India |
|
Number of locations
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20 |
|
Key people
|
N.S. Sekhsaria, Chairman |
| Revenue | ₹113.927 billion (US$1.7 billion)[3] |
| ₹10.9576 billion (US$160 million)[3] | |
| Total assets | ₹120.9359 billion (US$1.8 billion)[3] |
| Total equity | ₹78.2484 billion (US$1.2 billion)[3] |
|
Number of employees
|
10,000 |
| Website | Official Site |
ACC Limited (Formerly The Associated Cement Companies Limited) one of the largest producers of cement in India. It's registered office is called Cement House. It is located on Maharishi Karve Road, Mumbai.[4] The stock price of company contributes in calculating BSE Sensex.
The management control of company was taken over by Swiss cement major Holcim in 2004. On 1 September 2006 the name of The Associated Cement Companies Limited was changed to ACC Limited. The company is only cement company to get Superbrand status in India.[5]
History
In 1936 ten cement companies belonging to Tatas, Khataus, Killick Nixon and F E Dinshaw groups merged to form a single entity, The Associated Cement Companies. Sir Nowroji B Saklatvala was the first chairman of ACC. The first board of directors had some prominent industrialists – J R D Tata, Ambalal Sarabhai, Walchand Hirachand, Dharamsey Khatau, Sir Akbar Hydari, Nawab Salar Jung Bahadur and Sir Homy Mody.
References
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ACC Limited is India’s foremost cement manufacturer with a countrywide network of factories and marketing offices. Established in 1936, ACC has been a pioneer and trend-setter in cement and concrete technology. Among the first companies in India to include commitment to environment protection as a corporate objective, ACC has won accolades for environment friendly measures taken at its plants and mines, and has also been felicitated for its acts of good corporate citizenship.
