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ACC Limited (incorporated in 1936), a member of the Adani Group, is principally engaged in the business of manufacturing and selling of Cement and Ready Mix Concrete. The Company has manufacturing facilities across India and caters mainly to the domestic market.
ACC's former Company Secretary received an administrative warning from SEBI regarding inaccurate insider data capture related to Q4 2023 results. Crucially, this action has no financial or operational impact on ACC. The company will strengthen compliance.
ACC Ltd. is convening an equity shareholder meeting, directed by NCLT, to approve its amalgamation with Ambuja Cements. This merger seeks to drive operational efficiencies, business synergies, and streamline group structure for long-term growth. Creditor meetings were dispensed.
ACC's Q1 FY27 revenue was Rs 5,808 Cr with EBITDA of Rs 457 Cr. A 2.4 MTPA grinding unit began trials, while amalgamation with Ambuja Cements progresses. Green power use rose to 31%. The company is focused on cost optimization amidst rising fuel costs.
ACC received a tax order demanding ₹59.81 Cr for alleged ITC irregularities. The company plans to appeal the order, stating it doesn't foresee any material financial or operational impact from this development.
ACC reported strong Q3 FY26: PAT jumped 346% to Rs 380 Cr, revenue increased 22% to Rs 6,483 Cr, and volume hit a record 11.3 Mn T (+15% YoY). The company announced its amalgamation with Ambuja Cements for a unified "One Cement Platform." Capacity expansion initiatives are on track.