UltraTech Cement has 13 integrated plants, 1 clinkerisation plant, 19 grinding units and 7 bulk terminals. UltraTech announces Rs. UltraTech Cement is a subsidiary of Grasim Industries Ltd. UltraTech's subsidiaries are Dakshin Cements Limited Harish Cement Limited Gotan Limestone Khauj Udyog Private Limited Bhagwati Limestone Company Private Limited UltraTech Cement Lanka (Pvt.) As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. The company has an installed capacity of 93 Million Tonnes Per Annum (MTPA) of grey cement. The company decided to withdraw the Scheme of Arrangement between the company and Jaiprakash Associates (JAL) after the High Court indicated that based on the recent amendments in the provisions of the Mines and Minerals (Development & Regulation) Act 1947 (MMDRA) preventing transfer of mines granted other than through auction and in the absence of any clear timelines for any amendment/clarification in the MMDRA the court cannot sanction the Scheme. It is a subsidiary of the Indian multinational conglomerate, Aditya Birla Group.[4]. The (above) calculated return corresponds to the past 10-year history of UltraTech Cement Limited (ULTRACEMCO). Business Standard News: Historical Prices : UltraTech Cement Historical Prices, UltraTech Cement updates and more at Business Standard news. During the year 2008-09 the company increased the production capacity of Cement from 182 lakh tonnes to 219 lakh tonnes as a result of expansion of capacity at the company's unit at Andhra Pradesh Cement Works (APCW) together with a new split grinding unit at Ginigera Karnataka. It is also one of the leading cement producers globally, and the only cement company globally (outside of China) to have more than 100 million tonne capacity in one country. As per the scheme of amalgamation Narmada Cement Company Ltd was amalgamated with the company. Earlier on 9 December 2017 the Board of Directors of UltraTech Cement approved proposal for an increase in the investment limit by Registered Foreign Portfolio Investors including foreign institutional investors (FIIs) from 30% to 40% of the paid up equity share capital of the company. ULTRATECH CEMENT LTD Analysis . In May 14 2004 the company acquired four crore equity shares of Larsen & Toubro Ceylino (Pvt) Ltd from Larsen & Toubro Ltd at an aggregate consideration of Rs 23.03 crore.In July 2004 Grasim Industries Ltd acquired management control of the company and in October 14 2004 the name of the company was changed from UltraTech ChemCo Ltd to UltraTech Cement Ltd. Also Narmada Cement Company Ltd became a subsidiary of the company by virtue of the scheme of arrangement for de-merger of cement business of Larsen & Toubro Ltd.During the year 2005-06 the company increased the production capacity of Cement from 155 lakh tonnes to 170 lakh tonnes. The plant will cater to the markets in western Rajasthan where UltraTech does not have a significant presence. Analyze Promoter holdings, FII holding and DII holding trends of UltraTech Cement Ltd Find the latest ULTRATECH CEMENT (ULTRACEMCO.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. The Board of Directors of UltraTech Cement at its meeting held on 9 December 2017 approved the setting up of a 3.5 mtpa integrated cement plant at Pali Rajasthan at an investment of around Rs 1850 crore. It is also one of the leading cement producers globally. The combined capacity of both the divisions of the Gujarat unit is 4.8 mtpa of cement with 57.5 MW coal based thermal power plant limestone reserves for over 90 years at current capacity and a captive jetty at Sewagram. They set up 15 Ready Mix Concrete plants across the country. UltraTech Cement view the bonus declared by various companies, bonus ratio, record date, ex-bonus date. Never miss a great news story! They incorporated a wholly-owned subsidiary company in UAE in the name of 'UltraTech Cement Middle East Investments Ltd'. UltraTech is also the largest manufacturer of concrete in India and has 100+ Ready Mix Concrete (RMC) plants across 35 cities. UltraTech is a founding member of the Global Cement & Concrete Association. UltraTech Cement has 23 integrated plants, 1 clinkerisation plant, 26 grinding units and 7 bulk terminals. Ultratech Cement was incorporated in 2000 as Larsen & Toubro. Find here UltraTech Cement, Ultratech Concrete Cement dealers, retailers, stores & distributors. The enterprise value is Rs 3800 crore besides the actual net working capital at closing. Get latest prices, models & wholesale prices for buying UltraTech Cement. UltraTech Cement said at that time that it will take appropriate action after examining the CCI order fully. Thus the entire undertaking of Narmada Cement Company Ltd was transferred to the company with effect from October 1 2005.During the year 2007-08 the company increased the production capacity of Cement from 170 lakh tonnes to 182 lakh tonnes. Today Ultatech cement a part of Aditya Birla group, is the country’s largest exporter of cement clinker. The court has directed to handover the possession of mining lease to GKUPL forthwith. The company has an installed capacity of 93 Million Tonnes Per Annum (MTPA) of grey cement. On 26 July 2016 UltraTech Cement announced that the company participated in the auction of coal linkages for the cement sector and secured 95000 tons of coal at a premium of Rs 80 per ton over base price of Rs 970 per ton from Junadhi Mines in Chhattisgarh.On 28 July 2016 UltraTech Cement announced that it has participated in the auction of coal linkage for captive power plant sub-sector and secured 27600 tons of coal at a premium of Rs 150 per ton over notified price of Rs 970 per ton and 19700 tons of coal at a premium of Rs 150 per ton over notified price of Rs 970 per ton from Dipka Mines (SCDG) in Chhattisgarh.On 2 August 2016 UltraTech Cement announced that it has participated in the auction of coal linkage for captive power plant sub-sector and secured 1.29 lakh tons of coal at a premium of Rs 100 per ton over floor price of Rs 970 per ton from Gevra Road mines in Maharashtra and 138200 tons of coal at a premium of Rs 125 per ton over floor price of Rs 970 per ton from New Kusmunda (NKCR) mines in Chhattisgarh. On 26 March 2015 UltraTech Cement announced that the Rajasthan High Court has by its order dated 25 March 2015 quashed and set aside the order relating to cancellation of the mining lease of the limestone mines in the name of the company's wholly owned subsidiary Gotan Limestone Khanij Udyog Private Limited (GKUPL) and all consequential actions of the Rajasthan state government. The company's bid of Rs 3003 per metric ton was the highest. On 7 July 2016 UltraTech Cement announced that the company participated in the auction of coal linkages for the cement sector in Maharashtra and secured 52000 TPA of G10 grade coal at basic floor price of Rs 1510 per ton and premium of Rs 20 per ton. The unit will cater to the markets of eastern India. During the year 2009-10 the company increased the production capacity from 219 lakh tonnes to 231 lakh tonnes. Commercial production from the plant is expected to commence by June 2020. UltraTech Cement Ltd. is the largest manufacturer of grey cement Ready Mix Concrete (RMC) and white cement in India. UltraTech Cement view the history of various companies. It is also one of the leading cement producers globally. Here is the Marketing Mix of UltraTech cement which started in the year 1983 and has been able to emerge as the biggest cement manufacturing company.The UltraTech products are characterised by reliability, strength, and innovation. Earlier on 28 February 2016 UltraTech Cement announced that it had entered into a binding Memorandum of Understanding (MoU) with Jaiprakash Associates for the acquisition of its identified cement plants having total capacity of 22.4 mtpa situated in Madhya Pradesh Uttar Pradesh Himachal Pradesh Uttarakhand Andhra Pradesh and Karnataka at an enterprise value of Rs 16500 crore. In July 2010 Samruddhi Cement Ltd was amalgamated with the company. It has a white cement plant with a capacity of 0.68 MTPA and 2 WallCare putty plants with a combined capacity of 0.85 MTPA. India: The board of directors of Aditya Birla subsidiary UltraTech Cement has approved a planned increase in cement production capacity of 12.87Mt/yr. The product entered the market with the tagline “The Engineers Choice.” Business Standard is happy to inform you of the launch of "Business Standard Premium Services". UltraTech Cement is also India's largest exporter of cement reaching out to meet the demand in countries around the Indian Ocean and the Middle East. Stock analysis for UltraTech Cement Ltd (UTCEM:Natl India) including stock price, stock chart, company news, key statistics, fundamentals and company profile. With 100+ Ready Mix Concrete (RMC) plants in 39 cities, UltraTech is the largest manufacturer of concrete in India. In the white cement segment, UltraTech has market presence under the brand name of Birla White. UltraTech Cement is also India's largest exporter of cement reaching out to meet the demand in countries around the Indian Ocean and the Middle East. The company's capacity stands augmented to 52 MMTPA placing it among the top 10 cement companies in the world due to the merger and acquisition.On 24 July 2012 UltraTech Cement announced that it has signed an agreement with the shareholders of Gotan Lime Stone Khanij Udyog Private Limited (GKUPL) Rajasthan to acquire 100% equity shares of GKUPL. In 2015 the court passed the Mines and Mineral Development and Regulation Act after which the company began to make plans to acquire several cement plants as a whole by acquiring Jaiprakash Associates. If you want to know the returns for the ongoing year (2020) visit the, 2020 performance report of ULTRACEMCOstock. On 20 February 2015 UltraTech Cement announced that it has won the auction conducted for a coal block at Bicharpur situated in Madhya Pradesh. In May 2010 the cement business of Grasim Industries Ltd was de-merged and vested in Samruddhi Cement Ltd. ULTRATECH CEMENT LTD Share Price History Graph . Ahead of the announcement, shares of Ultratech Cement closed at Rs 4,892.25 apiece, down 0.80 per cent, on the Bombay Stock Exchange on … Kindly visit the Manage my subscription page to discover the benefits of this programme. On 10 July 2013 UltraTech Cement announced that it has commissioned a clinkerisation plant of 3.3 mtpa at Malkhed in Karnataka.The Board of Directors of UltraTech Cement at its meeting held on 11 September 2013 approved the acquisition of the cement unit of Jaypee Cement Corporation Limited (JCCL) located in Gujarat by way of demerger through a Scheme of Arrangement between JCCL and the company. On 19 January 2017 UltraTech Cement announced that the Competition Commission of India (CCI) in a reference filed by the state government of Haryana for alleged cartelization in August 2012 has passed an order directing the company and other opposite parties to `cease and desist' from indulging in the acts/conducts which have been found to be in contravention of the provisions of the Competition Act 2002. Commercial production from this coal block is expected to commence from FY 2018.On 16 March 2015 UltraTech Cement announced that it has commissioned a clinkerisation plant of 2 mtpa at Aditya Cement Works Shambhupura Rajasthan. UltraTech Cement Ltd. (ULTRACEMCO) - Company History UltraTech Cement Ltd. is the largest manufacturer of grey cement Ready Mix Concrete (RMC) and white cement in India. Find the latest ULTRATECH CEMENT (ULTRACEMCO.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. Clinker requirement of the Dankuni grinding unit will be met through Rawan Cement Works in Chhattisgarh. Later it was demerged and acquired by Grasim and was renamed as Ultra Tech Cement in 2004. UltraTech Cement Ltd. will invest Rs 5,477 crore for its proposed capacity expansion plan. JCCL is a wholly-owned subsidiary of Jaiprakash Associates Limited (JAL). UltraTech Cement Dividends - Check all the details of UltraTech Cement Dividends on The Economic Times. UltraTech Cement has 18 integrated plants 1 clinkerisation plant 25 grinding units and 7 bulk terminals. They commenced commercial production of cement from their unit in APCW and grinding unit at Ginigera. The 3rd line at Aditya Cement Rajasthan commissioned in March 2015 will cater to the clinker requirement of this plant. Ltd. UltraTech Cement Middle East Investments Limited PT UltraTech Mining Indonesia and PT UltraTech Investments Indonesia.UltraTech Cement Ltd was incorporated on August 24 2000 as a public limited company with the name L&T Cement Ltd as a 100% subsidiary of Larsen & Toubro Ltd. Team Business Standard, Brexit trade deal published as UK calls for end to 'ugly' divisions, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). It has a white cement plant with a capacity of 0.56+ MTPA and 2 Wall-Care putty plants with a combined capacity of 0.8+ MTPA. UltraTech Concrete is India’s largest and the world’s 10th largest concrete manufacturer, powering some of the biggest infrastructure projects across the country. 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