Find here UltraTech Cement, Ultratech Concrete Cement dealers, retailers, stores & distributors. 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. The cement maker’s board has approved raising capacity by 12.8 million tonnes per annum via a mix of brownfield and green field expansion, the company said in a media statement. On 9 May 2016 UltraTech Cement announced that its Board of Directors have approved a proposal for increase in investment limits by Registered Foreign Portfolio Investors from the existing 24% of the paid-up equity share capital to 30% of the paid-up equity share capital of the company. On 29 June 2017 UltraTech Cement announced that it has completed the acquisition of Jaiprakash Associates' six integrated cement plants and five grinding units spread across Himachal Pradesh Uttar Pradesh Uttarakhand Madhya Pradesh and Andhra Pradesh with a capacity of 21.2 million tons. Get latest prices, models & wholesale prices for buying UltraTech Cement. With this acquisition GKUPL has become a wholly owned subsidiary of the company.On 25 March 2013 UltraTech Cement announced that it has commissioned a clinkerisation plant of 3.3 mtpa at Rawan Raipur Chhatisgarh and a grinding unit of 1.6 mtpa at Hotgi Solapur Maharashtra. Ultratech cement was launched in the year 1983 and has given tough competition to rival companies and now is one of the largest producers of cement in the Indian market. UltraTech is a founding member of the Global Cement & Concrete Association. In the white cement segment, UltraTech has market presence under the brand name of Birla White. Stock analysis for UltraTech Cement Ltd (UTCEM:Natl India) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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. On 19 March 2018 UltraTech Cement announced that the company has in-principle concluded commercial understanding with Binani Industries Limited (BIL) for purchase of BIL's entire stake of 98.43% in Binani Cement Limited (BCL) subject to termination of insolvency proceedings against BCL entering into definite agreement and other customary and regulatory approvals. They commenced commercial production of cement from their unit in APCW and grinding unit at Ginigera. ULTRATECH CEMENT LTD Share Price History Graph . UltraTech Concrete is committed to producing high-quality as well as cost-effective products, to suit every demand. Later it was demerged and acquired by Grasim and was renamed as Ultra Tech Cement in 2004. Analyze Promoter holdings, FII holding and DII holding trends of UltraTech Cement Ltd UltraTech Cement Ltd is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India. UltraTech Cement Limited is an Indian cement company based in Mumbai. On Friday, shares of UltraTech Cement Ltd rose 5% to a new 52-week high of Rs 5,199 after the Aditya Birla Group Cement Flagship Company announced an investment of … It operates 20 integrated units, 26 grinding units, seven bulk terminals and one clinkerisation plant for grey cement, one integrated white cement unit, two wallcare putty plants and over 100 RMC plants. UltraTech Cement Ltd. Ultra Tech Cement Ltd. produces a wide range of cement products. UltraTech Cement has 23 integrated plants, 1 clinkerisation plant, 26 grinding units and 7 bulk terminals. The 3rd line at Aditya Cement Rajasthan commissioned in March 2015 will cater to the clinker requirement of this plant. 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. UltraTech Cement has 13 integrated plants, 1 clinkerisation plant, 19 grinding units and 7 bulk terminals. 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.) It is a subsidiary of the Indian multinational conglomerate, Aditya Birla Group.[4]. 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. Ultratech being part of the Aditya Birla Group and has an annual production of 102 million tonnes. Enjoy Reading! The Board of Directors of UltraTech Cement at its meeting held on 4 July 2016 approved a Scheme of Arrangement between the company Jaiprakash Associates Jaypee Cement Corporation and their respective shareholders and creditors for acquisition of cement plants for a total capacity of 21.2 mtpa at an enterprise value of Rs 16189 crore. 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. 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. During the year the company commissioned 192 MW captive TPPs at their units at APCW Hirmi Cement Works (HCW) in Chhattisgarh and Gujarat Cement Works (GCW) in Gujarat in a phased manner. On 30 September 2015 UltraTech Cement announced that it has commissioned a cement grinding unit with a capacity of 1.6 mtpa at Dankuni in West Bengal. 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. UltraTech Cement Ltd. will invest Rs 5,477 crore for its proposed capacity expansion plan. UltraTech Cement Ltd. - ADR (UCLQF) Payout Estimation Logic Estimates are provided for securities with at least 5 consecutive payouts, special dividends not included. 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. The company has an installed capacity of 93 Million Tonnes Per Annum (MTPA) of grey cement. UltraTech Cement view the history of various companies. In February 2016, Bombay High Court rejected UltraTech's plan to acquire two cement plants from Jaiprakash Associates. 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. In February 2016, Bombay High Court rejected UltraTech's plan to acquire two cement plants from Jaiprakash Associates. 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. BIL is independently seeking termination of insolvency proceedings against BCL. 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. At that time UltraTech Cement also announced that the company and Jaiprakash Associates have agreed to exclude the 1.2 mtpa capacity in Karnataka as envisaged earlier. In July 2010 Samruddhi Cement Ltd was amalgamated with the company. 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. On 22 September 2015 UltraTech Cement announced that it has commissioned a cement grinding unit with a capacity of 1.6 mtpa at Jhajjar in Haryan. Ultratech Cement was incorporated in 2000 as Larsen & Toubro. In March 2008 the Clinkerisation (pyrosection) unit at Andhra Pradesh Cement Works (APCW) was commissioned. 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. In November 2003 the name of the company was changed from L&T Cement Ltd to UltraTech ChemCo Ltd. CCI also slapped a penalty of Rs 68.30 crore on the company being 0.3% of the average turnover for the financial years 2012-13 2013-14 and 2014-15. On 12 May 2017 UltraTech Cement announced that it has commissioned a 0.3 mtpa slag cement manufacturing capacity at its existing facilities at Patliputra in Bihar. India: The board of directors of Aditya Birla subsidiary UltraTech Cement has approved a planned increase in cement production capacity of 12.87Mt/yr. UltraTech Cement Limited has an annual capacity of 52 million tonnes. The enterprise value is Rs 3800 crore besides the actual net working capital at closing. UltraTech Cement view the bonus declared by various companies, bonus ratio, record date, ex-bonus date. The state of the art plant built at a cost of Rs 1250 crore can run on all kinds of fuel. UltraTech is also the largest manufacturer of concrete in India and has 100+ Ready Mix Concrete (RMC) plants across 35 cities. ... Company History Locations Dividends Splits Competitors. During the year 2009-10 the company increased the production capacity from 219 lakh tonnes to 231 lakh tonnes. Ultratech is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India with an installed capacity of 116.75 million tonnes per annum, and is the only company in the world to have a capacity of over 100 million tonnes in a single country, outside of China. UltraTech Cement Ltd. is the largest manufacturer of grey cement Ready Mix Concrete (RMC) and white cement in India. In May 2010 the cement business of Grasim Industries Ltd was de-merged and vested in Samruddhi Cement Ltd. UltraTech Cement has 18 integrated plants 1 clinkerisation plant 25 grinding units and 7 bulk terminals. 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. Commercial production from the plant is expected to commence by June 2020. This article will cover all the information you must know to start an UltraTech Cement Dealership business in your place. Company History - UltraTech Cement 1983 -Awarpur Cement Works Plant I 1987 Awarpur Cement Works Plant II 1993 … Its operations span across India UAE Bahrain Bangladesh and Sri Lanka. Its operations span across India, UAE, Bahrain, Bangladesh and Sri Lanka. Earlier UltraTech Cement's Board of Directors had at its meeting held on 23 December 2014 approved a proposal for the acquisition of cement units of Jaiprakash Associates Limited (JAL) located in Madhya Pradesh at an enterprise value of Rs 5400 crore. With 100+ Ready Mix Concrete (RMC) plants in 39 cities, UltraTech is the largest manufacturer of concrete in India. 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. Historical Prices Balance Sheet Nine Monthly Results Shareholding Pattern Finished Products Background Information Ultratech Cement was incorporated in 2000 as Larsen & Toubro. It is also one of the leading cement producers globally. 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