ACC Plans Major Capacity Expansion of 3.4 MTPA Through Salai Banwa and Kalamboli Projects by Q1 FY27
ACC has announced major expansion projects at its Salai Banwa and Kalamboli facilities, targeting a combined capacity increase of 3.4 million tonnes per annum (MTPA). The expansion initiatives are scheduled for completion by Q1 FY27, representing a strategic enhancement of the company's cement manufacturing capabilities across two key locations.
30Apr 26
ACC Board Recommends Final Dividend of ₹7.50 Per Share
ACC's board of directors has recommended a final dividend of ₹7.50 per share for shareholders. This corporate action represents a key distribution decision by the cement company, providing direct returns to investors once approved through the standard shareholder approval process.
Life Insurance Corporation of India (LIC) has raised its shareholding in ACC Limited, a leading cement manufacturer, to 8.582%. The exact details of the transaction, including the number of shares acquired and purchase price, were not disclosed. This move is part of LIC's ongoing investment strategy and indicates its continued interest in the cement sector. ACC Limited is a subsidiary of Ambuja Cements Ltd and part of the Adani Group.
24Apr 25
ACC Ltd: Record Q4 Sales Volume, Revenue Growth, and Dividend Declaration
ACC Limited achieved its highest-ever quarterly sales volume of 11.9 million tonnes, up 14% year-over-year. Revenue increased by 12% to ₹5,948.50 crore. However, net profit slightly decreased by 1.7% to ₹735.00 crore. The company declared a dividend of ₹7.50 per share for FY 2024-25.