Ramasamy Raja needed Rs.1 crore as capital. The 36.50 lakh ton per annum plant employs the latest state-of-the-art technology. 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. In 70s, the plant switched over to more efficient dry process. The Company Manufacture cement and allied products. A second kiln was also added to bring the total capacity to 15 lakh tons per annum. 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. 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). Copyrights © 2020 Business Standard Private Ltd. All rights reserved. Two D.G. It is based at Chennai. Free Ramco Cements Historic stock charts for NSE / BSE. It manufactures and markets Portland cement, blast furnace slag cement, white cement and Pozzolana cement. In March 2018 Ramco Cements acquired a cement grinding unit from Ramco Industries Limited. After transfer of the windmills of capacity 23.23 MW to the proposed subsidiary the balance windmills of capacity 135.96 MW will continue to remain with the company.Shareholders of Madras Cements at the Annual General Meeting held on 29 July 2013 passed a Special Resolution to change the name of the company from Madras Cements Limited to The Ramco Cements Limited.On 27 January 2016 Ramco Cements informed the stock exchanges that the company has been allotted by Lynks Logistics Limited 19 lakh shares of Rs 1/- each on 27 January 2016 aggregating to 19% of their paid up share capital. Only those entrepreneurs who were not profit-minded but cared for the country's development came forward to invest in the Cement Industry. 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. The project was commissioned during December of the year 1986. 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 Company decided to establish grinding units in the states of Tamil Nadu Andhra Pradesh and West Bengal in May of the year 2007. The object of Lynks Logistics Limited is to enter into the business of aggregators in logistics field. The Ramco Cements Ltd. has split the face value 2 times since Nov. 6, 2003. The Company has four satellite grinding units, located at Chengalpattu and Salem in Tamil Nadu, Kolaghat in West Bengal and Vizag in Andhra Pradesh. 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 had embarked into Ready Mix Concrete business in the year 1998. 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. As at March 2008 Madras Cements lines up Rs 15 billion expansion. 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. Ramco cements is the best cement and Ramco cements has the Cements Share price and also good cement. The Ramco Cements Ltd. Company History and Annual Growth Details. 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 Ramco Cements Limited (Formerly Madras Cements Ltd) is the flagship company of the Ramco Group, a well-known business group of South India. With an eye on diversification MCL is planning to enter into industries such as sugar pharmaceuticals power & power equipments and textiles. The company's total wind farm capacity is 159.19 MW. It also tied up with Oil and Natural Gas Corporation (ONGC) for supply of 25000 cu mtrs of gas per day from its Nallore well near Mannargudi in Tamil Nadu. - 480-6.25% Pref. Get The Ramco Cements detailed stock quotes and technical charts for Ramco Cements. In the same year 1993 an additional capacity was created by adding 8 Nos. 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. The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. The Company Manufacture cement and allied products. The company has production facilities at Alathiyur, Chengalpet, Kolaghat, Medavakkam, … Ramco Cements Ltd. Auras Corporate Centre 98-A Dr.Radhakrishnan Salai, Myl CHENNAI 600004 P: +9144.28478666 F: +9144.28478676 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. Ppc (pozzolana Portland Cement) Ppc Ramco Cement ₹ 390/Bag. The share has been quoting ex-bonus from October 01, 2008. 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. The main product of the company is Portland cement, manufactured in eight state-of-the art production facilities that includes Integrated Cement plants and Grinding units with a current total production capacity of Copyright 2013-2020 © The Ramco Cements Limited. Ramco Cements Logo and Tagline. 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. The Company's second unit at Alathiyur with a capacity of 15 lac tonnes was commissioned in January of the year 2001. It is headquartered at Chennai. 1961, the company started cement production. It is headquartered at Chennai. Enjoy Reading! The second venture of RCL is its Jayanthipuram plant near Vijayawada in A.P., set up in 1987. The Company Manufacture cement and allied products. 1999, RCL commissioned the most sophisticated Ready Mix Concrete Plant … The Ramco Cements Limited manufactures cement, ready mix concrete and dry mix products. It was later established as an independent company in … With a cement capacity of 15.5 millions tons per annum, the company is the fifth largest producer of cement in India. Dividend Summary. The clinker plant of the Alathiyur unit was commissioned in March while the grinding unit was commissioned in May of the same year 1997. Ramco does not either directly or indirectly sell or facilitate the sale of any Ramco brand cements or cement products online. It is a major player in the blended cement category in south India. Asia's largest one to be commissioned in the Private sector was set up. 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. The company caters mainly to the domestic markets. The Ramco Cements Limited (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in Chennai, India. The Company had set up the 4 MW windmill farm in the year 1992 at Muppandal Kanyakumari district Tamil Nadu. The Group has become one of the most reputed business houses in India and has achieved international recognition for its quality products and services. All the 16 wind turbines of the company were commissioned in March of the year 1993. Headquartered in Chennai, Ramco Systems was started as an R&D division of Ramco Industries Limited in 1992. The Company also exports cement and owns and operates a private sector wind mill power generating farm. The Ramco Cements Dividends - Check all the details of The Ramco Cements Dividends on The Economic Times Manubai Shah, Central Minister for Industries, called upon Ramasamy Raja and appealed to him to start a cement factory. During the year 1997 MCL had commissioned its third cement plant in Alathiyur; it was the second in Tamil Nadu. In the same year 1999 another one tie-up was made with Vizag Steel Plant for supply of slag. Only those entrepreneurs who were not profit-minded but cared for the country's development came forward to invest in the Cement Industry. Ramco cements is the best India Cements Ariyalur plant started operations in 2009 with a capacity of 2 MTPA. 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. This was readily accepted by Shri PACR and this marked the birth of The Ramco Cements Limited in 1961. 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. wind turbines of 250 KW each at Muppandal wind mill farm taking the generation capacity to 6 MW. The Company also exports cement and owns and operates a private sector wind mill power generating farm. PACR's Dream Come True: PACR's last wish was dutifully fulfilled by the former Chairman Shri.P.R.Ramasubrahmaneya Rajah. The Company substantially increased the capacity of windmills by installation of 70 more windmills. For the year ending March 2020 The Ramco Cements has declared an equity dividend of 250.00% amounting to Rs 2.5 per share. A new grinding unit of 0.9 MTPA capacity will be set up in Odisha. 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. "There is no more hope", he whispered, "You should take care of everything from now. During 2004-05 The Company commissioned a 36 MW Thermal Power Plant at Alathiyur. Cement is marketed under brand of "RAMCO" Portland Cement. 10 lakh.Madras Cements' Ariyalur Tamil Nadu plant started operations in 2009 with a capacity of 2 MTPA. This has to be taken care of immediately". 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. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 1 Other Ventures:  In 2000, RCL acquired Gokul Cements situated in Mathod in Karnataka whose capacity is 2.90 lakh tons per annum. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 2 When Shri. and 295 No. The 30.50 lakh tons per annum plant is the most modern plant in the country. Company History - The Ramco Cements 1957 - The Company was Incorporated at Rajapalayam, in Tamilnadu. The plant having a capacity to grind 0.2 MTPA of cement is located in Kharagpur West Bengal. 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. In the year 1999, RCL commissioned the most sophisticated Ready Mix Concrete Plant in Medavakkam in South Chennai. A 132 KVA sub-station and the limestone crushing plant were installed during the same year. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". The last bonus that The Ramco Cements had announced was in 2008 in the ratio of 1:1. Company History. History. The company has been the forerunner in promoting blended cements from 1997. Ramco cements limited established in 1961. 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 aggregate grinding capacity of the four plants is 40 lac tonnes per annum. 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 third venture of RCL is at Alathiyur in TN. See the company profile for RAMCO CEMENTS(THE) (RAMCOCEM.NS), including business summary, industry/sector information, number of employees, corporate governance, key … The Ramco Cements Limited manufactures and sells cement and cementious materials in India. Net profit increased 40% year-on-year to Rs 235.77 crore in the July-September period, according to an exchange filing. 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. Get Live The Ramco Cements stock market chart. Discover historical prices for RAMCOCEM.NS stock on Yahoo Finance. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 4 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. Business Standard News: Price History: The Ramco Cements (RAMCOCEM) - Business Standard News and more from Business Standard News | Page 3 Operations Cement Production. Cement … On 16 August 2017 Ramco Cements announced the closure of share buyback. It is a major player in the blended cement category in south India. During the year 2000 the company had launched the Ramco Super Steel cement in Tamil Nadu. The Ramco Cements Limited is the flagship company of the Ramco Group, a well-known business group of South India. 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. It was set up in 1997 and expanded by addition of another line in 2001. The paid-up capital of Madras Sugars Ltd. is Rs. 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. of equity shares issued without payment in cash. Ramco Cements Ltd formerly Madras Cements (MCL) is the flagship company of the Ramco group. 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. Ramco Cements Ltd formerly Madras Cements (MCL) is the flagship company of the Ramco group. Being a leader in the industry, we are engaged in offering a qualitative range of RAMCO Cement to our clients. 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. Ramco Cements Limited (formerly Madras Cements Ltd) is the flagship company of the Ramco Group, a business group based in Chennai, South India. Company History - The Ramco Cements Ltd. 1957 - The Company was Incorporated at Rajapalayam, in Tamilnadu. It is well-equipped with modern quality control systems. 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