Cement … The Ramco Cements Limited is the sixth largest cement producer in India, with a cherished history of more than five decades. MCL tied up with Gas Authority of India Ltd (GAIL) for supply of gas and the fuel supply agreement was inked in 15th April of the year 1999. The main product of the company is Portland cement manufactured in eight state-of-the art production facilities that include Integrated Cement plants and Grinding units with a current total production capacity of 16.5 million MTPA with 10 manufacturing facilities across India. The company is also engaged in sale of surplus electricity generated from its windmills and thermal power plants after meeting its captive requirements.The company was incorporated in the year 1957. Ramco cements is the best cement and Ramco cements has the Cements Share price and also good cement. 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. The Ramco Cements Limited : At that time, Cement was not considered as a favorable venture due to price controls. Arrears: Rs 63,428. Ramco Cements Ltd. Auras Corporate Centre 98-A Dr.Radhakrishnan Salai, Myl CHENNAI 600004 P: +9144.28478666 F: +9144.28478676 The Company also exports cement and owns and operates a private sector wind mill power generating farm. Manubai Shah, Central Minister for Industries in late fifties came to Madras to meet the Industrialists, he called upon Shri P A C Ramasamy Raja and requested him to start a cement factory in TN. Ramco Cements is the fifth largest cement producer in the country. In March 2018 Ramco Cements acquired a cement grinding unit from Ramco Industries Limited. It is well-equipped with modern quality control systems.Currently Line 2 of the plant with a capacity of another 2 MTPA was commissioned in 2012. Copyright 2013-2020 © The Ramco Cements Limited. Being an eco-friendly company, RCL set up the Ramco Windfarm in 1993 at Muppandal in TN. On 10 June 2016 credit rating agency ICRA Limited upgraded long term rating for Ramco Cements' Non-Convertible Debentures Term Loan facilities and Long Term fund based facilities from AA to AA+ (Stable). During the year 2000 the company had launched the Ramco Super Steel cement in Tamil Nadu. 1999, RCL commissioned the most sophisticated Ready Mix Concrete Plant … The company for the first time in India commissioned a surface mine to modernise the mine operations at Ramasamyraja Nagar factory. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992. The Company decided to establish grinding units in the states of Tamil Nadu Andhra Pradesh and West Bengal in May of the year 2007. Being a leader in the industry, we are engaged in offering a qualitative range of RAMCO Cement to our clients. Manubai Shah, Central Minister for Industries, called upon Ramasamy Raja and appealed to him to start a cement factory. 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 … 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. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Company History - The Ramco Cements 1957 - The Company was Incorporated at Rajapalayam, in Tamilnadu. Ramco does not either directly or indirectly sell or facilitate the sale of any Ramco brand cements or cement products online. The mill was commissioned at end of the year 1985. It is a major player in the blended cement category in south India. The paid-up capital of Madras Sugars Ltd. is Rs. The capacity of the Vizag grinding unit will be raised from 0.9 MTPA to 2 MTPA and that of the Kolaghat grinding unit will be raised from 0.9 MTPA to 2 MTPA. It is a major player in the blended cement category in south India. 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. 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. View daily, weekly or … 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. During the year 1997 MCL had commissioned its third cement plant in Alathiyur; it was the second in Tamil Nadu. The Ramco Cements Ltd. reported the highest ever profit in the three months ended September, the first full quarter of operations after India eased lockdown curbs. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 3 wind turbines of 250 KW each at Muppandal wind mill farm taking the generation capacity to 6 MW. During 2004-05 The Company commissioned a 36 MW Thermal Power Plant at Alathiyur. The company has been the forerunner in promoting blended cements from 1997. In the same year 1999 another one tie-up was made with Vizag Steel Plant for supply of slag. Dividend Summary. The project was commissioned during December of the year 1986. - 480-6.25% Pref. 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. A 132 KVA sub-station and the limestone crushing plant were installed during the same year. With a cement capacity of 15.5 millions tons per annum, the company is the fifth largest producer of cement in India. During the year 1999-00 the company's slag grinding project at Jayanthipuram for manufacture of blended cement was commissioned and also the capacity of the Alathiyur unit was expanded by 0.2 million TPA. This was readily accepted by Shri PACR and this marked the birth of The Ramco Cements Limited in 1961. The share has been quoting ex-bonus from October 01, 2008. 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. A new grinding unit of 0.9 MTPA capacity will be set up in Odisha. 1967 - The Company issued 50,000 right equity shares at par in … Only those entrepreneurs who were not profit-minded but cared for the country's development came forward to invest in the Cement Industry. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 2 The Company had set up the 4 MW windmill farm in the year 1992 at Muppandal Kanyakumari district Tamil Nadu. A second kiln was also added to bring the total capacity to 15 lakh tons per annum. 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). Company History. 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. When Shri. 1962, the company set up first plant of RCL at Ramasamy Raja Nagar, near Virudhunagar in Tamil Nadu with a capacity of 200 tonnes, using wet process. Ramco Cements Ltd operates in the Cement, hydraulic sector. Ramco cements is the best cement in India. As at March 2008 Madras Cements lines up Rs 15 billion expansion. 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 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. Get The Ramco Cements detailed stock quotes and technical charts for Ramco Cements. The Ramco Cements Limited manufactures and sells cement and cementious materials in India. It manufactures and markets Portland cement, blast furnace slag cement, white cement and Pozzolana cement. The Company substantially increased the capacity of windmills by installation of 70 more windmills. The Ramco Cements Ltd. Company History and Annual Growth Details. Lynks Logistics Limited is promoted by Ramco Cements and other promoters of Ramco Group of companies. In 70s, the plant switched over to more efficient dry process. Ppc (pozzolana Portland Cement) Ppc Ramco Cement ₹ 390/Bag. The Company's second unit at Alathiyur with a capacity of 15 lac tonnes was commissioned in January of the year 2001. Kindly visit the Manage my subscription page to discover the benefits of this programme. 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'. Cement is marketed under brand of "RAMCO" Portland Cement. During the year 1994 MCL had upgraded the capacity of its Jayanthipuram Unit to 1.1 million tonnes and also upgraded the cement mills capacity in R. R. Nagar. of equity shares issued without payment in cash. The 30.50 lakh tons per annum plant is the most modern plant in the country. Copyrights © 2020 Business Standard Private Ltd. All rights reserved. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. The second venture of RCL is its Jayanthipuram plant near Vijayawada in A.P., set up in 1987. All the 16 wind turbines of the company were commissioned in March of the year 1993. 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. It is headquartered at Chennai. Ramco cements is the India Cements which is JK Cements. Ramco Cements is the fifth largest cement producer in the country. Those were his last words. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. Other Ventures:  In 2000, RCL acquired Gokul Cements situated in Mathod in Karnataka whose capacity is 2.90 lakh tons per annum. The company's total wind farm capacity is 159.19 MW. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 4 Call +91-8048013864. The clinker plant of the Alathiyur unit was commissioned in March while the grinding unit was commissioned in May of the same year 1997. PACR's Dream Come True: PACR's last wish was dutifully fulfilled by the former Chairman Shri.P.R.Ramasubrahmaneya Rajah. Asia's largest one to be commissioned in the Private sector was set up. The Company Manufacture cement and allied products. Company History. It is based at Chennai. It is headquartered at Chennai. The plant having a capacity to grind 0.2 MTPA of cement is located in Kharagpur West Bengal. It will invest Rs 15.24 billion to increase its capacity.The Board of Directors of Madras Cements Ltd at its meeting held on 20 June 2008 approved issue of Bonus Shares in the ratio of 1: 1 and Sub-division of each share of Rs 10/- each to 10 shares of Re 1/- each.The Board of Directors of Madras Cements Ltd at its meeting held on 10 April 2009 decided in principle to incorporate a wholly owned subsidiary company for carrying out the business of manufacture and sale of Sugar and Allied Products for which approval of the shareholders was obtained at the Annual General Meeting held on 27 July 2007.The Board of Directors of Madras Cements Ltd at its meeting held on 27 October 2009 decided to divest the shares in a wholly owned subsidiary viz. The last bonus that The Ramco Cements had announced was in 2008 in the ratio of 1:1. It also tied up with Oil and Natural Gas Corporation (ONGC) for supply of 25000 cu mtrs of gas per day from its Nallore well near Mannargudi in Tamil Nadu. The Company also exports cement and owns and operates a private sector wind mill power generating farm. The Ramco Cements Limited (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in Chennai, India. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 1 On 16 August 2017 Ramco Cements announced the closure of share buyback. My main concern is for The Ramco Cements Limited. Ramco Cements Ltd formerly Madras Cements (MCL) is the flagship company of the Ramco group. The Group has become one of the most reputed business houses in India and has achieved international recognition for its quality products and services. See the company profile for RAMCO CEMENTS(THE) (RAMCOCEM.NS), including business summary, industry/sector information, number of employees, corporate governance, key … Ramco Cements Ltd formerly Madras Cements (MCL) is the flagship company of the Ramco group. MADRAS SUGARS LTD. which was incorporated for the purpose of carrying out sugar business. Enjoy Reading! The Ramco Cements earlier known as Madras Cements (MCL) was established in 1957, a part of Ramco Group, a well known business group of South India. Get Quote. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. I have taken a lot of money as shares from well-wishers and I have not paid them back any dividends as yet. The Company has four satellite grinding units, located at Chengalpattu and Salem in Tamil Nadu, Kolaghat in West Bengal and Vizag in Andhra Pradesh. It was later established as an independent company in … The third venture of RCL is at Alathiyur in TN. The Company also exports cement and owns and operates a private sector wind mill power generating farm. The Ramco Cements Dividends - Check all the details of The Ramco Cements Dividends on The Economic Times The company has production facilities at Alathiyur, Chengalpet, Kolaghat, Medavakkam, … and 295 No. The object of Lynks Logistics Limited is to enter into the business of aggregators in logistics field. The Ramco Cements Ltd. had last split the face value of its shares from Rs 10 to Rs 1 in 2016.The share has been quoting on an ex-split basis from Oct. 1, 2008. The Ramco Cements Limited is the flagship company of the Ramco Group, a well-known business group of South India. Only those entrepreneurs who were not profit-minded but cared for the country's development came forward to invest in the Cement Industry. 1957 - The Company was Incorporated at Rajapalayam, in Tamilnadu. The aggregate grinding capacity of the four plants is 40 lac tonnes per annum. With the help of M.Tec Germany the company started new project Dry Motor Plant for manufacture of high technology construction products such as render skimcoat and dry concrete and its production commenced from January of the year 2003 at Sriperumbudur. The company caters mainly to the domestic markets. 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. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. Bengaluru ,NO.22,10TH CROSS, BEGUR MAIN ROAD,, Bengaluru - 560068, Dist. Two D.G. With an eye on diversification MCL is planning to enter into industries such as sugar pharmaceuticals power & power equipments and textiles. Get Live The Ramco Cements stock market chart. All rights reserved. The Ramco Cements Limited (Formerly Madras Cements Ltd) is the flagship company of the Ramco Group, a well-known business group of South India. Ariyalur plant started operations in 2009 with a capacity of 2 MTPA. 10 lakh.Madras Cements' Ariyalur Tamil Nadu plant started operations in 2009 with a capacity of 2 MTPA. When Shri. 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. Verified Supplier. Ramco cements limited established in 1961. Operations Cement Production. The 36.50 lakh ton per annum plant employs the latest state-of-the-art technology. It is well-equipped with modern quality control systems. The Company had embarked into Ready Mix Concrete business in the year 1998. This has to be taken care of immediately". Shri. 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. 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. It is also one of the largest wind energy producers in the country with a capacity of 125.95 MW. Contact Supplier Request a quote. The Company Manufacture cement and allied products. 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. Bengaluru, Karnataka. Concern for Investors: On the night of September 3, 1962, while the whole city slept, PAC Ramasamy Raja lay on his bed in the Madras General Hospital, seriously ill. As all his near and dear watched with tears in their eyes, PAC Ramasamy Raja summoned his son Ramasubrahmaneya Rajha to his bedside. Ramco Cements Limited (formerly Madras Cements Ltd) is the flagship company of the Ramco Group, a business group based in Chennai, South India. ,, bengaluru - 560068, Dist total wind farm capacity is 159.19 MW international... Of immediately '' cement was not considered as a favorable venture due to price controls Tamil Nadu Andhra Pradesh West. By Shri PACR and this marked the birth of the launch of Ramco... 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