Ambuja Cements Limited

Infobox_Company
company_name = Ambuja Cements Limited
company_type = Public, Listed on BSE, NSE
company_
company_vision =
foundation = 1986 | industry = Cement
location = flagicon|IND Mumbai, India
key_people = Suresh Neotia, Chairman
N. S. Sekhsaria, Vice Chairman
A. L. Kapur, Managing Director
products = Cement and Clinker
homepage = [http://www.gujaratambuja.com/ www.GujratAmbuja.com]

Ambuja Cements Limited, formerly known as Gujrat Ambuja Limited is a major Cement producing company in India. The Group's principal activity is to manufacture and market cement and clinker for both domestic and export markets.

The Company also operates a hotel through its subsidiary GGL Hotel and Resort Company.It has shown innovation in utilizing measures like sea transport, captive power plants, and imported coal and availing of govt. sops and subsidies to constantly check the costs.

Partnership

The company has entered into a strategic partnership with Holcim, the second largest cement manufacturer in the world. Holcim had, in January, bought a 14.8 per cent promoters` stake in the GACL for INR 21.4 billion.

Currently (2007) Holcim holds about 30% of shares in Ambuja Cements Limited. [ Holcim augments stake in Gujarat Ambuja Source: IRIS NEWS DIGEST (24 April 2007) [http://myiris.com/shares/news/storyShow.php?fileR=20070424074915148&dir=2007/04/24] ]

Codes

The shares of the company are traded publicly on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Following are the codes assigned to Ambuja Cement Limited

* BSE:500425
* NSE:AMBUJACEM
* Bloomberg:ACEM:IN
* Reuters:GACM.BO

References

External links