ACC Limited , a prominent player in the Indian cement industry, has announced a significant change to its board of directors. The company has appointed Ms. Shruti Shah as an Additional Director, serving in a Non-Executive and Independent capacity, effective December 1, 2025. This appointment, approved by the company's Board of Directors, is for a term of three consecutive years.

Key Details of the Appointment

Professional Background of Ms. Shruti Shah

Ms. Shah brings a wealth of experience to her new role at ACC Limited. Here are some highlights of her professional background:

Other Board Positions

Ms. Shah's appointment to ACC Limited's board adds to her existing portfolio of directorships. She currently serves as an Independent Director on the boards of:

1. Orient Cement Limited
2. Sanghi Industries Limited

Compliance and Disclosure

ACC Limited has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Ms. Shah is not related to any other director of ACC Limited and is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.

This strategic appointment could potentially bring fresh perspectives to ACC Limited's board, leveraging Ms. Shah's extensive experience in finance and tax advisory. As the cement industry continues to evolve, the diverse expertise of board members like Ms. Shah may prove valuable in navigating future challenges and opportunities.

ACC Limited Shareholding Update

ACC Limited , a prominent player in the Indian cement industry, has recently witnessed a significant change in its shareholding structure. Ambuja Cements, already a major shareholder, has further increased its stake in the company.

Key Points:

1. Acquisition Details: Ambuja Cements has acquired an additional 1,39,74,004 shares of ACC Limited.
2. Transaction Date: The acquisition took place on March 7, 2023.
3. Mode of Acquisition: The shares were purchased through open market transactions.
4. Price per Share: The acquisition was made at an average price of ₹1,259.53 per share.
5. Total Investment: The total value of this transaction amounts to approximately ₹1,760.00 crore.

Impact on Shareholding:

• Pre-Transaction Stake: Prior to this acquisition, Ambuja Cements held a 50.05% stake in ACC Limited.
• Post-Transaction Stake: Following the purchase, Ambuja Cements' shareholding in ACC has increased to 57.46%.

Market Implications:

This significant increase in Ambuja Cements' stake in ACC Limited could have several implications:

1. Enhanced Control: The increased shareholding strengthens Ambuja Cements' control over ACC Limited's operations and strategic decisions.
2. Potential Synergies: This move might lead to greater synergies between the two companies, potentially resulting in operational efficiencies and cost savings.
3. Market Perception: The substantial investment by Ambuja Cements may be viewed positively by the market, potentially impacting ACC's stock price.

About ACC Limited:

ACC Limited is one of India's leading manufacturers of cement and ready-mix concrete. With a strong presence in the Indian market, the company has been a key player in the construction and infrastructure sectors.

Conclusion:

The recent acquisition of additional shares by Ambuja Cements marks a significant development in ACC Limited's ownership structure. Investors and market analysts will be keenly watching how this increased stake might influence ACC's future strategies and performance in the competitive cement industry.

Investors are advised to monitor further announcements and financial reports from both ACC Limited and Ambuja Cements for a comprehensive understanding of the potential impacts of this shareholding change.