Type Public company Industry Cement Headquarters Mumbai Parent organization Holcim | Traded as BSE: 500410
NSE: ACC Number of locations 20 Founded 1936 | |
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Key people N. S. Sekhsaria, Chairman Revenue ₹113.927 billion (US$1.7 billion) Stock price ACC (NSE) ₹ 1,415.00 -23.10 (-1.61%)27 Feb, 3:30 PM IST - Disclaimer CEO Harish Badami (1 Aug 2014–) Profiles | ||
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. 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.
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.