Bharatpedia

India Cements

Information red.svg
Scan the QR code to donate via UPI
Dear reader, We need your support to keep the flame of knowledge burning bright! Our hosting server bill is due on June 1st, and without your help, Bharatpedia faces the risk of shutdown. We've come a long way together in exploring and celebrating our rich heritage. Now, let's unite to ensure Bharatpedia continues to be a beacon of knowledge for generations to come. Every contribution, big or small, makes a difference. Together, let's preserve and share the essence of Bharat.

Thank you for being part of the Bharatpedia family!
Please scan the QR code on the right click here to donate.

0%

   

transparency: ₹0 raised out of ₹100,000 (0 supporter)


India Cements Limited is a cement manufacturing company in India. The company is headed by former International Cricket Council chairman N. Srinivasan.

India Cements Limited
Traded asBSE: 530005
NSE: INDIACEM
IndustryConstruction
Founded1946
HeadquartersChennai, Tamil Nadu, India
Key people
  • N. Srinivasan
    (Managing Director)
  • Rupa Gurunath
    (Whole-time Director)
ProductsCement
RevenueIncrease₹52.28 billion (US$730 million) (03/2020) [1]
Increase ₹0.53 billion (US$7.4 million) (03/2020)
Total assets₹116.70 billion (US$1.6 billion) (2020)
OwnerN. Srinivasan
Number of employees
3000
Websitewww.indiacements.co.in

It was established in 1946 by S. N. N. Sankaralinga Iyer and the first plant was set up at Thalaiyuthu in Tamil Nadu in 1949. It has 7 integrated cement plants in Tamil Nadu, Telangana and Andhra Pradesh, one in Rajasthan (through its subsidiary, Trinetra Cement Ltd) and two grinding units, one each in Tamil Nadu and Maharashtra with a capacity of 15.5 million tonnes per annum. Sankar Cement, Coramandel Cement and Raasi Gold are the brands owned by India Cements.

India Cements owned the Indian Premier League franchise Chennai Super Kings from 2008 to 2014.[2] It was transferred to a separate entity named Chennai Super Kings Cricket Ltd., after the Supreme Court of India struck down the controversial amendment to the BCCI constitution's clause 6.2.4 that allowed board officials to have a commercial interest in the IPL and the Champions League T20 on January 22, 2015.[3] India Cements is also alleged to have made controversial investments in Jagati Publications and Bharati Cements owned by Y. S. Jaganmohan Reddy.[4]

ReferencesEdit

  1. ↑ "India Cements Share Price, India Cements Stock Price, India Cements LTD. Stock Price, Share Price, Live BSE/NSE, India Cements LTD. Bids Offers. Buy/Sell India Cements LTD. News & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes".
  2. ↑ "Big business and Bollywood grab stakes in IPL". ESPNcricinfo. Retrieved 6 June 2013.
  3. ↑ "Supreme court struck down controversial amendment". Espncricinfo. Retrieved 14 February 2015.
  4. ↑ "Jagan Reddy to move SC in assets case". Zeenews Bureau. 16 August 2011. Retrieved 17 August 2011.

External linksEdit

   

This article about an Indian company is a stub. You can help Bharatpedia by expanding it.

Retrieved from "https://en.bharatpedia.org/index.php?title=India_Cements&oldid=324456"