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Ambuja Cements Limited

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Ambuja Cements Limited
125px
Type
Public
Traded asBSE: 500425
NSE: AMBUJACEM
ISIN🆔
IndustryBuilding materials
Founded 📆1983
Founder 👔
Headquarters 🏙️Mumbai, Maharashtra, India
Area served 🗺️
Key people
Suresh Kumar Neotia, Founder
Narotam Sekhsaria,Co-Founder, Chairman[1]
Neeraj Akhoury, Managing Director & CEO[2]
Products 📟 Cement
Revenue🤑 Increase 27,684 crore (US$3.9 billion) (2020)[3]
Operating income
Decrease 4,025 crore (US$560 million) (2020)[3]
Net income
Decrease 2,763 crore (US$380 million) (2020)[3]
Total assetsIncrease 40,182 crore (US$5.6 billion) (2020)[3]
Total equityIncrease 23,680 crore (US$3.3 billion) (2020)[3]
Members
Number of employees
4,625 (2020)[3]
ParentLafargeHolcim
🌐 Websitewww.ambujacement.com
📇 Address
📞 telephone

Ambuja Cements Limited, formerly known as Gujarat Ambuja Cement Limited, is an Indian major cement producing company.[4] The Group's market cement and clinker for both domestic and export markets.

Partnership[edit]

The company has entered into a strategic partnership with Holcim, the second-largest cement manufacturer in the world from 2006. Holcim had, in January, bought a 14.8 percent promoters' stake in the GACL for INR 21.4 billion.[5]

Currently Holcim holds 61.62% of shares in Ambuja Cements. [6]

See also[edit]


Other articles of the topic Companies : Perigreen Safe Foods, Flybosnia, Brown Smith Wallace, Onfleet, Bank of America Corporation, TIM, Thomas Padovani
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  • Tarachand Ghanshyamdas

References[edit]

  1. "Sharp rise in Gujarat Ambuja trading volumes, share price Market buzz on Holcim interest". The Hindu Business Line. Retrieved 16 July 2010.
  2. "Ambuja Cements appoints Neeraj Akhoury as MD and CEO". Live Mint. Retrieved 20 February 2020.
  3. 3.0 3.1 3.2 3.3 3.4 3.5 "Ambuja Cements Ltd. Financial Statements". moneycontrol.com.
  4. "Ambuja Cements India - Gujarat Ambuja Cement Limited Profile - Ambuja Cements History". Iloveindia.com. 21 July 2007. Retrieved 16 July 2010.
  5. "Swiss co Holcim cements deal with Ambuja for ACC". The Hindu Business Line. 21 January 2005. Retrieved 16 July 2010.
  6. "Swiss co Holcim cements deal with Ambuja for ACC". Business Standard. 16 November 2016.

External links[edit]


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