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Verified Supplier. The Company also exports cement and owns and operates a private sector wind mill power generating farm. Bengaluru, Karnataka. Enjoy Reading! Company History. The share has been quoting ex-bonus from October 01, 2008. 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. The Company also exports cement and owns and operates a private sector wind mill power generating farm. The company caters mainly to the domestic markets. Cement … The Company Manufacture cement and allied products. Ramco Cements Ltd formerly Madras Cements (MCL) is the flagship company of the Ramco group. 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. It is well-equipped with modern quality control systems. During 2004-05 The Company commissioned a 36 MW Thermal Power Plant at Alathiyur. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". 1961, the company started cement production. It is a major player in the blended cement category in south India. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 4 The Company's second unit at Alathiyur with a capacity of 15 lac tonnes was commissioned in January of the year 2001. This was followed by wind farms in Poolavadi near Coimbatore in 1995, Oothumalai in 2005 and in Mathod - the combined capacity of the wind farms is about 125.95 MW. This has to be taken care of immediately". The Company had embarked into Ready Mix Concrete business in the year 1998. It is headquartered at Chennai. Kindly visit the Manage my subscription page to discover the benefits of this programme. 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. Ramco does not either directly or indirectly sell or facilitate the sale of any Ramco brand cements or cement products online. 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. 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. "There is no more hope", he whispered, "You should take care of everything from now. The object of Lynks Logistics Limited is to enter into the business of aggregators in logistics field. The Company decided to establish grinding units in the states of Tamil Nadu Andhra Pradesh and West Bengal in May of the year 2007. 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 Ltd. Company History and Annual Growth Details. With a cement capacity of 15.5 millions tons per annum, the company is the fifth largest producer of cement in India. 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 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. 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. 1967 - The Company issued 50,000 right equity shares at par in … The Ramco Cements Limited manufactures and sells cement and cementious materials in India. The project was commissioned during December of the year 1986. Free Ramco Cements Historic stock charts for NSE / BSE. Those were his last words. In March 2018 Ramco Cements acquired a cement grinding unit from Ramco Industries Limited. It is a major player in the blended cement category in south India. Ramco Cements Ltd. Auras Corporate Centre 98-A Dr.Radhakrishnan Salai, Myl CHENNAI 600004 P: +9144.28478666 F: +9144.28478676 Two D.G. With an eye on diversification MCL is planning to enter into industries such as sugar pharmaceuticals power & power equipments and textiles. Company History - The Ramco Cements Ltd. 1957 - The Company was Incorporated at Rajapalayam, in Tamilnadu. This was how The Ramco Cements Limited came into being in 1961. Ramco cements is the best cement and Ramco cements has the Cements Share price and also good cement. The last bonus that The Ramco Cements had announced was in 2008 in the ratio of 1:1. 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'. The Company Manufacture cement and allied products. 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 30.50 lakh tons per annum plant is the most modern plant in the country. Ramasamy Raja needed Rs.1 crore as capital. 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). 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 … The second venture of RCL is its Jayanthipuram plant near Vijayawada in A.P., set up in 1987. The Company had set up the 4 MW windmill farm in the year 1992 at Muppandal Kanyakumari district Tamil Nadu. Ppc (pozzolana Portland Cement) Ppc Ramco Cement ₹ 390/Bag. 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. Being an eco-friendly company, RCL set up the Ramco Windfarm in 1993 at Muppandal in TN. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 2 The plant having a capacity to grind 0.2 MTPA of cement is located in Kharagpur West Bengal. 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. 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. 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. All rights reserved. Ramco Cements Limited (formerly Madras Cements Ltd) is the flagship company of the Ramco Group, a business group based in Chennai, South India. Ramco Cements Ltd operates in the Cement, hydraulic sector. Copyright 2013-2020 © The Ramco Cements Limited. sets were installed in the middle of the year 1988 to meet 60% of the unit's power requirement at Jayanthipuram. Ramco cements is the India Cements which is JK Cements. Ariyalur plant started operations in 2009 with a capacity of 2 MTPA. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992. When Shri. The Company substantially increased the capacity of windmills by installation of 70 more windmills. It is based at Chennai. Ramco cements is the best cement in India. View daily, weekly or … I have taken a lot of money as shares from well-wishers and I have not paid them back any dividends as yet. A second kiln was also added to bring the total capacity to 15 lakh tons per annum. All the 16 wind turbines of the company were commissioned in March of the year 1993. When Shri. 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. 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. 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). 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. 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. A 132 KVA sub-station and the limestone crushing plant were installed during the same year. The paid-up capital of Madras Sugars Ltd. is Rs. The Ramco Cements Dividends - Check all the details of The Ramco Cements Dividends on The Economic Times 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. 1993, the company set up the Ramco Windfarm at Muppandal in Tamil Nadu. Durga Steel Corporation. 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. When Shri. Shri. Manubai Shah, Central Minister for Industries, called upon Ramasamy Raja and appealed to him to start a cement factory. Copyrights © 2020 Business Standard Private Ltd. All rights reserved. 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 1 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 Ramco Cements Limited : At that time, Cement was not considered as a favorable venture due to price controls. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. The company's total wind farm capacity is 159.19 MW. Discover historical prices for RAMCOCEM.NS stock on Yahoo Finance. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. The Ramco Cements Limited (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in Chennai, India. 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. PACR's Dream Come True: PACR's last wish was dutifully fulfilled by the former Chairman Shri.P.R.Ramasubrahmaneya Rajah. Arrears: Rs 63,428. In 70s, the plant switched over to more efficient dry process. Being a leader in the industry, we are engaged in offering a qualitative range of RAMCO Cement to our clients. It is headquartered at Chennai. 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. 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. Dividend Summary. 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. Ramco Cements Logo and Tagline. This was readily accepted by Shri PACR and this marked the birth of The Ramco Cements Limited in 1961. The Company Manufacture cement and allied products. Get Quote. The company for the first time in India commissioned a surface mine to modernise the mine operations at Ramasamyraja Nagar factory. of equity shares issued without payment in cash. Net profit increased 40% year-on-year to Rs 235.77 crore in the July-September period, according to an exchange filing. History. As at March 2008 Madras Cements lines up Rs 15 billion expansion. MADRAS SUGARS LTD. which was incorporated for the purpose of carrying out sugar business. It was set up in 1997 and expanded by addition of another line in 2001. Only those entrepreneurs who were not profit-minded but cared for the country's development came forward to invest in the Cement Industry. 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, … The Ramco Cements Ltd. has split the face value 2 times since Nov. 6, 2003. Ramco Cements is the fifth largest cement producer in the country. Company History - The Ramco Cements 1957 - The Company was Incorporated at Rajapalayam, in Tamilnadu. In the year 1999, RCL commissioned the most sophisticated Ready Mix Concrete Plant in Medavakkam in South Chennai. The Company also exports cement and owns and operates a private sector wind mill power generating farm. See the company profile for RAMCO CEMENTS(THE) (RAMCOCEM.NS), including business summary, industry/sector information, number of employees, corporate governance, key … 10 lakh.Madras Cements' Ariyalur Tamil Nadu plant started operations in 2009 with a capacity of 2 MTPA. Ramco cements is the best India Cements For the year ending March 2020 The Ramco Cements has declared an equity dividend of 250.00% amounting to Rs 2.5 per share. Contact Supplier Request a quote. 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. In the same year 1993 an additional capacity was created by adding 8 Nos. Lynks Logistics Limited is promoted by Ramco Cements and other promoters of Ramco Group of companies. - 480-6.25% Pref. It was later established as an independent company in … A new grinding unit of 0.9 MTPA capacity will be set up in Odisha. Only those entrepreneurs who were not profit-minded but cared for the country's development came forward to invest in the Cement Industry. 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 36.50 lakh ton per annum plant employs the latest state-of-the-art technology. 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. The company has been the forerunner in promoting blended cements from 1997. 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. Mill power generating farm RCL is at Alathiyur with a capacity of 15 lac per... 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