ACC (company)

ACC Limited (formerly The Associated Cement Companies Limited) is an Indian cement producer, headquartered in Mumbai. It is a subsidiary of Ambuja Cements and a part of the Adani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936.^[3]

ACC Limited

Trade name	ACC
Formerly	The Associated Cement Companies Limited (1936–2006)
Company type	Public
Traded as	BSE: 500410 NSE: ACC
Industry	Building materials
Founded	1 August 1936; 88 years ago (1936-08-01)
Headquarters	Mumbai, Maharashtra, India
Key people	Karan Adani (Chairman) Ajay Kapur (MD & CEO)[1]
Products	Cement
Revenue	₹22,834 crore (US$2.7 billion) (2025)
Operating income	₹3,024 crore (US$360 million) (2025)
Net income	₹2,402 crore (US$280 million) (2025)
Total assets	₹25,412 crore (US$3.0 billion) (2025)
Total equity	₹18,558 crore (US$2.2 billion) (2025)
Owner	Adani Group (56.69%)
Number of employees	3,884 (2024)
Parent	Adani Group
Website	www.acclimited.com
Footnotes / references Financials as of 31 March 2025[update].[2]

History

In 1936, eleven cement companies belonging to Tata, Khatau, Killick Nixon and FE Dinshaw groups merged to form a single entity, The Associated Cement Companies. Sir Nowroji B Saklatvala was the first chairman of ACC. The first board of directors had some prominent industrialists—J R D Tata, Ambalal Sarabhai, Walchand Hirachand, Dharamsey Khatau, Sir Akbar Hydari, Nawab Salar Jung Bahadur and Sir Homy Mody.

The list of companies that were merged:^[4]

• The Indian Cement Co. Ltd.
• The Katni Cement and Industrial Co. Ltd.
• Budhi Portland Cement Ltd.
• The Okha Cement Co. Ltd.
• The Gwalior Cement Company Ltd.
• The Punjab Portland Cement
• The United Cement Co. Ltd.
• The Shahabad Cement Co. Ltd.
• The Coimbatore Cement
• The Dewarkhand Cement Co. Ltd.
• The C. P. Cement Co. Ltd.

The Gagal Cement Works of ACC Limited at Barmana, Himachal Pradesh.

The management control of the company was taken over by Swiss cement manufacturer Holcim Group in 2004. ACC operated as a subsidiary of Lafarge Holcim.^[5] On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited.^[6]

On 14 April 2022, Holcim announced that it would exit from the Indian market after 17 years of operations as part of a strategy to focus on core markets and listed its stakes in ACC and Ambuja Cements for sale.^[7]

On 15 May 2022, Adani Group acquired Holcim's stake in ACC and Ambuja Cements for US$10.5 billion.^[8]

See also

• Associated Cement Company cricket team