India Cements: Difference between revisions

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| caption =  
| caption =  
| foundation = 1946
| foundation = 1946
| key_people = {{ubl|N Srinivasan<br />([[Managing Director]])|Rupa Gurunath<br />(Whole-time Director)}}
| key_people = {{ubl|[[N. Srinivasan]]<br />(Managing Director)|Rupa Gurunath<br />(Whole-time Director)}}
| location = [[Chennai]], [[Tamil Nadu]], [[India]]
| location = [[Chennai]], [[Tamil Nadu]], [[India]]
| revenue = {{profit}}{{INRConvert|52.28|b}} (03/2020) <ref>https://www.moneycontrol.com/india/stockpricequote/cement-major/indiacements/IC</ref>
| revenue = {{profit}}{{INRConvert|52.28|b}} (03/2020) <ref>https://www.moneycontrol.com/india/stockpricequote/cement-major/indiacements/IC</ref>
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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.
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.<ref>{{cite web|title=Big business and Bollywood grab stakes in IPL|url=http://www.espncricinfo.com/ipl/content/story/333193.html|publisher=ESPNcricinfo|access-date=6 June 2013}}</ref> 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 [[Board of Control for Cricket in India|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.<ref>{{cite web|url=http://www.espncricinfo.com/india/content/story/829981.html|title=Supreme court struck down controversial amendment|publisher=Espncricinfo|access-date=14 February 2015}}</ref> India Cements is also alleged to have made controversial investments in Jagati Publications and Bharati Cements owned by [[Y. S. Jaganmohan Reddy]].<ref>{{cite web |url= http://zeenews.india.com/news/andhra-pradesh/jagan-reddy-to-move-sc-in-assets-case_726424.html|title=Jagan Reddy to move SC in assets case|date=16 August 2011 |publisher=Zeenews Bureau |access-date=17 August 2011}}</ref>
India Cements owned the [[Indian Premier League]] franchise [[Chennai Super Kings]] from 2008 to 2014.<ref>{{cite web|title=Big business and Bollywood grab stakes in IPL|url=http://www.espncricinfo.com/ipl/content/story/333193.html|publisher=ESPNcricinfo|access-date=6 June 2013}}</ref> 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 [[Board of Control for Cricket in India|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.<ref>{{cite web|url=http://www.espncricinfo.com/india/content/story/829981.html|title=Supreme court struck down controversial amendment|publisher=Espncricinfo|access-date=14 February 2015}}</ref> India Cements is also alleged to have made controversial investments in Jagati Publications and [[Bharati Cements]] owned by [[Y. S. Jaganmohan Reddy]].<ref>{{cite web |url= http://zeenews.india.com/news/andhra-pradesh/jagan-reddy-to-move-sc-in-assets-case_726424.html|title=Jagan Reddy to move SC in assets case|date=16 August 2011 |publisher=Zeenews Bureau |access-date=17 August 2011}}</ref>


==References==
==References==
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[[Category:Cement companies of India]]
[[Category:Cement companies of India]]
[[Category:Manufacturing companies based in Chennai]]
[[Category:Manufacturing companies based in Chennai]]
 
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]


{{India-company-stub}}
{{India-company-stub}}
{{en-Wikipedia}}

Revision as of 20:57, 22 August 2021

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$600 million) (03/2020) [1]
Increase ₹0.53 billion (US$6.1 million) (03/2020)
Total assets₹116.70 billion (US$1.3 billion) (2020)
Number of employees
3000
Websitewww.indiacements.co.in

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

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]

References

  1. ↑ https://www.moneycontrol.com/india/stockpricequote/cement-major/indiacements/IC
  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 links

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