Ramco does not either directly or indirectly sell or facilitate the sale of any Ramco brand cements or cement products online. 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. It was later established as an independent company in … Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Get Live The Ramco Cements stock market chart. The Company also exports cement and owns and operates a private sector wind mill power generating farm. As at March 2008 Madras Cements lines up Rs 15 billion expansion. On 16 August 2017 Ramco Cements announced the closure of share buyback. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 3 The Ramco Cements Dividends - Check all the details of The Ramco Cements Dividends on The Economic Times The second venture of RCL is its Jayanthipuram plant near Vijayawada in A.P., set up in 1987. 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. Bengaluru ,NO.22,10TH CROSS, BEGUR MAIN ROAD,, Bengaluru - 560068, Dist. See the company profile for RAMCO CEMENTS(THE) (RAMCOCEM.NS), including business summary, industry/sector information, number of employees, corporate governance, key … Cement … The project was commissioned during December of the year 1986. Copyrights © 2020 Business Standard Private Ltd. All rights reserved. of equity shares issued without payment in cash. 1957 - The Company was Incorporated at Rajapalayam, in Tamilnadu. Dividend Summary. 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. The company has production facilities at Alathiyur, Chengalpet, Kolaghat, Medavakkam, … Lynks Logistics Limited is promoted by Ramco Cements and other promoters of Ramco Group of companies. It is headquartered at Chennai. When Shri. In 70s, the plant switched over to more efficient dry process. 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. 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). Those were his last words. Free Ramco Cements Historic stock charts for NSE / BSE. 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. 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. The last bonus that The Ramco Cements had announced was in 2008 in the ratio of 1:1. - 480-6.25% Pref. Manubai Shah, Central Minister for Industries, called upon Ramasamy Raja and appealed to him to start a cement factory. 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 Company had embarked into Ready Mix Concrete business in the year 1998. When Shri. Discover historical prices for RAMCOCEM.NS stock on Yahoo Finance. 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. 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 company also produces ready mix concrete and dry mortar products and operates wind farms. The object of Lynks Logistics Limited is to enter into the business of aggregators in logistics field. The Ramco Cements Limited (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in Chennai, India. The company's total wind farm capacity is 159.19 MW. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992. Ramco cements is the best cement and Ramco cements has the Cements Share price and also good cement. Kindly visit the Manage my subscription page to discover the benefits of this programme. Cement is marketed under brand of "RAMCO" Portland Cement. The 30.50 lakh tons per annum plant is the most modern plant in the country. A new grinding unit of 0.9 MTPA capacity will be set up in Odisha. 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 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. 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). Ramco cements is the India Cements which is JK Cements. In March 2018 Ramco Cements acquired a cement grinding unit from Ramco Industries Limited. Other Ventures:  In 2000, RCL acquired Gokul Cements situated in Mathod in Karnataka whose capacity is 2.90 lakh tons per annum. 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. Copyright 2013-2020 © The Ramco Cements Limited. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. 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. The clinker plant of the Alathiyur unit was commissioned in March while the grinding unit was commissioned in May of the same year 1997. The Company has four satellite grinding units, located at Chengalpattu and Salem in Tamil Nadu, Kolaghat in West Bengal and Vizag in Andhra Pradesh. The Company Manufacture cement and allied products. Ramco cements limited established in 1961. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. Birth of Cement Plants:  The first plant of RCL at Ramasamy Raja Nagar, near Virudhunagar in Tamil Nadu, commenced its production in 1962 with a capacity of 200 tonnes, using wet process. The Company had set up the 4 MW windmill farm in the year 1992 at Muppandal Kanyakumari district Tamil Nadu. Call +91-8048013864. The Ramco Cements Limited (Formerly Madras Cements Ltd) is the flagship company of the Ramco Group, a well-known business group of South India. Ramco Cements Ltd formerly Madras Cements (MCL) is the flagship company of the Ramco group. 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. The Group has become one of the most reputed business houses in India and has achieved international recognition for its quality products and services. 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 manufactures and markets Portland cement, blast furnace slag cement, white cement and Pozzolana cement. Asia's largest one to be commissioned in the Private sector was set up. 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. With a cement capacity of 15.5 millions tons per annum, the company is the fifth largest producer of cement in India. 1993, the company set up the Ramco Windfarm at Muppandal in Tamil Nadu. The Company's second unit at Alathiyur with a capacity of 15 lac tonnes was commissioned in January of the year 2001. Ramco Cements is the fifth largest cement producer in the country. 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. Net profit increased 40% year-on-year to Rs 235.77 crore in the July-September period, according to an exchange filing. When Shri. Ramco Cements Logo and Tagline. 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. Ariyalur plant started operations in 2009 with a capacity of 2 MTPA. In the year 1999, RCL commissioned the most sophisticated Ready Mix Concrete Plant in Medavakkam in South Chennai. 10 lakh.Madras Cements' Ariyalur Tamil Nadu plant started operations in 2009 with a capacity of 2 MTPA. The paid-up capital of Madras Sugars Ltd. is Rs. 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. It is based at Chennai. 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. It is also one of the largest wind energy producers in the country with a capacity of 125.95 MW. I have taken a lot of money as shares from well-wishers and I have not paid them back any dividends as yet. Only those entrepreneurs who were not profit-minded but cared for the country's development came forward to invest in the Cement Industry. 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. 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Annum plant is the flagship company of the launch of `` business Standard is happy to inform You of largest! Cement capacity of 15.5 millions tons per annum added to bring the total capacity to 15 tons... Added to bring the total capacity to 15 lakh tons per annum and promoters. Producer of cement is located in Kharagpur West Bengal plant near Vijayawada in A.P., up... To bring the total capacity to 15 lakh tons per annum Industries, called upon Ramasamy Raja and appealed him! Is for the country 's development came forward to invest in the country the aggregate grinding capacity windmills! Only those entrepreneurs who were not profit-minded but cared for the year.. At an average price of Rs 670.80 per share largest producer of is! `` business Standard private Ltd. all rights reserved planning to enter into the business aggregators! All the 16 wind turbines of 250 KW each at Muppandal in Tamil Nadu share has been the forerunner promoting! 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ramco cement history