| ACC | |
| Formerly | The Associated Cement Companies Limited (1936–2006) |
| Company type | Public |
| BSE: 500410 NSE: ACC | |
| Industry | Building materials |
| Founded | 1 August 1936; 89 years ago (1936-08-01) |
| Headquarters | Mumbai,Maharashtra, India |
Key people | |
| Products | Cement |
| Revenue | |
| Total assets | |
| Total equity | |
| Owner | Adani Group (56.69%) |
Number of employees | 3,884 (2024) |
| Parent | Adani Group |
| Website | www |
| Footnotes / references Financials as of 31 March 2025[update].[2] | |
ACC Limited (formerlyThe Associated Cement Companies Limited) is an Indian cement producer, headquartered inMumbai. It is a subsidiary ofAmbuja Cements and a part of theAdani Group. On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited. The company was established in Mumbai, Maharashtra on 1 August 1936.[3]
In 1936, eleven cement companies belonging toTata,Khatau, Killick Nixon andFE Dinshaw groups merged to form a single entity, The Associated Cement Companies.Sir Nowroji B Saklatvala was the first chairman of ACC. The first board of directors had some prominent industrialists—J R D Tata,Ambalal Sarabhai,Walchand Hirachand,Dharamsey Khatau,Sir Akbar Hydari,Nawab Salar Jung Bahadur andSir Homy Mody.[4]
The list of companies that were merged:[5]
The management control of the company was taken over by Swiss cement manufacturerHolcim Group in 2004. ACC operated as a subsidiary of Lafarge Holcim.[6] On 1 September 2006, the name of The Associated Cement Companies Limited was changed to ACC Limited.[7]
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 ACC andAmbuja Cements for sale.[8]
On 15 May 2022,Adani Group acquired Holcim's stake in ACC andAmbuja Cements for US$10.5 billion.[9]