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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.
Using the BR scam, Mehta took the price of ACC from ₹200 to ₹9000 in a short span of time. This 4400% percent increase was seen in several other stocks and as he sold the stocks, the market crashed. [8] This went on as long as the stock prices kept going up, and no one had a clue about Mehta's operations.
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 Ambuja Cements and ACC for sale. [7] On May 15, 2022, Adani Group acquired Holcim's stake in Ambuja Cements and ACC for US$10.5 billion. [8]
The Asia Cement Corporation (ACC; Chinese: 亞洲水泥股份有限公司; pinyin: Yàzhōu Shuǐní Gǔfèn Yǒuxiàn Gōngsī) is a Taiwanese cement company headquartered in Taipei. History [ edit ]
In 2005, Mr Sekhsaria, then still in his 50s, did something unthinkable among family-controlled businesses in India. He divested his interest in Ambuja Cements and ACC Ltd. and ceded control to Holcim Group, the Swiss multinational cement giant. [7] Mr Sekhsaria continues to be the non-executive chairman of Ambuja Cements and ACC Limited. [8] [5]
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Cement: The group is the largest cement producer in India. [51] It operates under the brand name UltraTech Cement. [52] Textiles: Aditya Birla Textiles consists of Textiles (linen and wool), acrylic fiber, and overseas spinning sectors, with manufacturing units across five countries. Its acrylic fibre business has a capacity of about 125,000 ...
ACC most often refers to: Atlantic Coast Conference , an NCAA Division I collegiate athletic conference located in the US American College of Cardiology , a US-based nonprofit medical association that bestows credentials upon cardiovascular specialists