In the year 1995 the company enhanced power generation capacity at Jayanthipuram unit to 15.3 MW by commissioning an additional diesel generator set to maintain normal production in view of frequent power-cut and power tripping. Currently Line 2 of the plant with a capacity of another 2 MTPA was commissioned in 2012.The Board of Directors of Madras Cements Ltd at its meeting held on 29 July 2013 decided to form a subsidiary company and transfer windmills of an aggregate capacity of 23.23 MW to the proposed subsidiary company. The plant having a capacity to grind 0.2 MTPA of cement is located in Kharagpur West Bengal. Only those entrepreneurs who were not profit-minded but cared for the country's development came forward to invest in the Cement Industry. The Ramco Cements Limited (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in Chennai, India. Being an eco-friendly company, RCL set up the Ramco Windfarm in 1993 at Muppandal in TN. On 16 August 2017 Ramco Cements announced the closure of share buyback. The clinker plant of the Alathiyur unit was commissioned in March while the grinding unit was commissioned in May of the same year 1997. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Those were his last words. Shri. In the same year 1999 another one tie-up was made with Vizag Steel Plant for supply of slag. During the year 1997 MCL had commissioned its third cement plant in Alathiyur; it was the second in Tamil Nadu. It is based at Chennai. Ramco cements is the best cement in India. The Ramco Cements Limited : At that time, Cement was not considered as a favorable venture due to price controls. In addition to historical fundamental analyses, the complete report available to purchase compares Ramco Cements Ltd with three other companies in this sector in INDIA : Prism Johnson Ltd (2020 sales of 59.56 billion Indian Rupees [US$803.49 million] of which 43% was Cement), Jk Cement Ltd (58.02 billion Indian Rupees … Operations Cement Production. Being a leader in the industry, we are engaged in offering a qualitative range of RAMCO Cement to our clients. Other Ventures:  In 2000, RCL acquired Gokul Cements situated in Mathod in Karnataka whose capacity is 2.90 lakh tons per annum. I have taken a lot of money as shares from well-wishers and I have not paid them back any dividends as yet. The second klin at R.R Nagar was upgraded in May of the year 2001 with the installation of fixed inlet segment to the cooler new calciner and modifying pre heater cyclone thereby increasing the capacity of the unit to 11 lac TPA of blended cement. Today, The Ramco Cements Limited is not only one of the most respected cement companies in the country but also leads in giving the best return to the investors. The object of Lynks Logistics Limited is to enter into the business of aggregators in logistics field. As at March 2008 Madras Cements lines up Rs 15 billion expansion. It is a major player in the blended cement category in south India. It was later established as an independent company in … Ramco Cements is the fifth largest cement producer in the country. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. The Ramco Cements Ltd. Company History and Annual Growth Details. Durga Steel Corporation. The Ramco Cements Dividends - Check all the details of The Ramco Cements Dividends on The Economic Times Copyrights © 2020 Business Standard Private Ltd. All rights reserved. Birth Of The Ramco Cements Limited (Formerly Madras Cements Ltd): In the 1950s, investment in Cement Industry was not attractive due to price controls and the massive investments required. Verified Supplier. Birth Of The Ramco Cements Limited : In the 1950s, investment in Cement Industry was not attractive due to price controls and the massive investments required. 1993, the company set up the Ramco Windfarm at Muppandal in Tamil Nadu. A.S. Kailasan, Senior Vice-President, Saurashtra Cements Limited ABOUT RAMCO SYSTEMS Ramco Systems, part of the USD 952 million Ramco Group, is a leading software company focused on consulting, products and managed services. The Company has four satellite grinding units, located at Chengalpattu and Salem in Tamil Nadu, Kolaghat in West Bengal and Vizag in Andhra Pradesh. After transfer of the windmills of capacity 23.23 MW to the proposed subsidiary the balance windmills of capacity 135.96 MW will continue to remain with the company.Shareholders of Madras Cements at the Annual General Meeting held on 29 July 2013 passed a Special Resolution to change the name of the company from Madras Cements Limited to The Ramco Cements Limited.On 27 January 2016 Ramco Cements informed the stock exchanges that the company has been allotted by Lynks Logistics Limited 19 lakh shares of Rs 1/- each on 27 January 2016 aggregating to 19% of their paid up share capital. View daily, weekly or … The Company undertook to replace the 4 cement mills at its Ramasamyraja Nagar Works which were 20 years old by a single new `Combidan Cement Mill'. Call +91-8048013864. The last bonus that The Ramco Cements had announced was in 2008 in the ratio of 1:1. The company has production facilities at Alathiyur, Chengalpet, Kolaghat, Medavakkam, … PACR's Dream Come True: PACR's last wish was dutifully fulfilled by the former Chairman Shri.P.R.Ramasubrahmaneya Rajah. In the year 1999, RCL commissioned the most sophisticated Ready Mix Concrete Plant in Medavakkam in South Chennai. The Ramco Cements Limited manufactures and sells cement and cementious materials in India. During the year 2000 the company had launched the Ramco Super Steel cement in Tamil Nadu. With a cement capacity of 15.5 millions tons per annum, the company is the fifth largest producer of cement in India. The share has been quoting ex-bonus from October 01, 2008. Free Ramco Cements Historic stock charts for NSE / BSE. Ramco cements is the best cement and Ramco cements has the Cements Share price and also good cement. The company also produces ready mix concrete and dry mortar products and operates wind farms. Ramco sells its cements only through its network of authorized dealers,sub-dealers and sales promoters situated across the country (other than in case of institutional sales) and not through any other mode. The 36.50 lakh ton per annum plant employs the latest state-of-the-art technology. - 480-6.25% Pref. The Ramco Cements Limited is the sixth largest cement producer in India, with a cherished history of more than five decades. It is headquartered at Chennai. During October of the year 2007 MCL earmarked Rs 1.05 billion investments for set up the grinding mill at Kolaghat in Midnapore West Bengal. Arrears: Rs 63,428. All rights reserved. The project was commissioned during December of the year 1986. This was how The Ramco Cements Limited came into being in 1961. The Company Manufacture cement and allied products. The mill was commissioned at end of the year 1985. Dividend Summary. The aggregate grinding capacity of the four plants is 40 lac tonnes per annum. Bengaluru ,NO.22,10TH CROSS, BEGUR MAIN ROAD,, Bengaluru - 560068, Dist. Team Business Standard, Unemployment benefits for millions of Americans in limbo as Trump rages, 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). Also in the same year MCL made tie-up with Visakhapatnam Steel Plant (VSP) for procuring slag a blast furnance residue and a crucial input for slag cement. It is headquartered at Chennai. Ariyalur plant started operations in 2009 with a capacity of 2 MTPA. The main product of the company is Portland cement, manufactured in eight state-of-the art production facilities that includes Integrated Cement plants and Grinding units with a current total production capacity of "There is no more hope", he whispered, "You should take care of everything from now. Enjoy Reading! It is well-equipped with modern quality control systems. Ramco does not either directly or indirectly sell or facilitate the sale of any Ramco brand cements or cement products online. Ramco cements is the best India Cements The company bought back 25 lakh shares at a cost of Rs 167.70 crore at an average price of Rs 670.80 per share. Ramasamy Raja needed Rs.1 crore as capital. In 2002, a state-of-art Dry Mortar plant was commissioned near Sriperumpudur, Tamilnadu which manufactures dry mortar, cement based putty and tile fix compound. 10 lakh.Madras Cements' Ariyalur Tamil Nadu plant started operations in 2009 with a capacity of 2 MTPA. The company for the first time in India commissioned a surface mine to modernise the mine operations at Ramasamyraja Nagar factory. the Ramco Group is a USD 1 Billion industrial conglomerate with interests spanning cotton and synthetic yarn, cement, building products, software solutions, wind-energy, bio-technology and more. Find the latest RAMCO CEMENTS(THE) (RAMCOCEM.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. The upgrade in the rating reflects consistent improvement in the operational and financial performance of the company over the past two years.The Board of Directors of Ramco Cements at its meeting held on 7 February 2017 approved the proposal for Buy-Back by the company of its fully paid up equity shares for an aggregate amount not exceeding Rs 180 crore for a price not exceeding Rs 720 per share from shareholders of the company excluding promoter promoter group and persons acting in concert with promoters through the open market purchases method on the stock exchanges.The Board of Directors Ramco Cements at its meeting held on 3 August 2017 approved the company's expansion plans of its existing satellite grinding units and installation of a new satellite grinding unit for a total outlay of Rs 1095 crore. The Ramco Cements Ltd. has split the face value 2 times since Nov. 6, 2003. 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