The Ramco Cements Ltd Company History

The Company was Incorporated at Rajapalayam, in Tamilnadu. The

Company Manufacture cement and allied products. Cement is marketed

under brand of "RAMCO" Portland Cement.

480-6.25% Pref. and 295 No. of equity shares issued without payment

in cash. Arrears: Rs 63,428.

The Company issued 50,000 right equity shares at par in prop/1:1

(Equity pref.) and 20,000 right redeemable pref. shares 2:5 (equity

pref.) during 1962-63. Arrears: Rs 34,940.

Authorised capital reclassified. In June, 30,000 pref. and 1,40,000

No. of equity shares issued at par as rights in prop. 14 No. of equity

and 3 pref. to every 10 equity and/or 9.5% irredeemable pref. shares.

Only 11,500 pref. and 51,000 No. of equity shares taken up. The

balance 18,500 and 89,000 No. of equity shares offered to the public in

October. Arrears: Rs 9,57,480.

Division on all pref. shares raised to 11% during 1975-76. 28,000

No. of equity shares issued during the year. Arrears: Rs 7,49,468.

44,375 No. of equity shares issued at par and allotted to financial

institutions upon part conversion of their loans during 1982-83.

Arrears: Rs 32,000.

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 mill was commissioned towards the end of

the year.

A 132 KVA sub-station and the limestone crushing plant were

installed. The project was commissioned during December 1986.

12,00,000-15% secured non-convertible debentures of Rs 100 each were

issued at par as rights in the proportion four debentures for every

equity share held. The debentures would be redeemed at a premium of Rs

5 per share on the expiry of 7 years from the date of allotment or in

three equal instalments of Rs 35 each at the end of the 7th, 8th and

9th year from the date of allotment. The Company allotted additional

1,93,742 debentures to retain over subscription.

Two D.G. sets were installed in the middle of the year to meet 60% of

the unit's power requirement at Jayanthipuram.

The Company decided to expand the capacity of Tamilnadu factory by

one lakh tonnes per annum considering the growing demand for cement in

Southern States and the potential for exports to Srilanka and Maldives.

The Company set up a 4 MW wind mill farm at Muppandal, Kanyakumari

district, Tamil Nadu. The wind mill, Asias largest one to be

commissioned in the Private sector, was set up. All the 16 wind

turbines were commissioned in March 1993.

Power generated is supplied to Tamil Nadu Power Grid and the credit

for the same is allowed by Tamil Nadu Electricity Board against their

bills for Company's power consumption.

10,000-15% Pref. shares redeemed on 31.3.1993, 3,02,068 bonus equity

shares issued in prop. 1:1. Allotment of 307 bonus shares with held in

accordance with law.

The Company proposed to set up a new Cement factory in Tamilnadu with

an annual capacity of 6,00,000 tonnes and also a Cement Grinding unit

in Sri Lanka with an annual capacity of 5,50,000 tonnes. Also proposed

to set up a Cement Grinding unit at Vishakapatnam, Andhra Pradesh to

grind both Ordinary portland and portland slag Cement.

Additional capacity was created by adding 8 Nos. wind turbines of 250

KW each at Muppandal wind mill farm taking the generation capacity to 6

MW.

The Company upgraded the capacity of the Jayanthipuram Unit to 1.1

million tonnes and also upgraded the Cement mills capacity in R. R.

Nagar and Jayanthipuram units.

The Company proposed to increase the capacity of Cement project in

Tamilnadu from 6,00,000 tonnes per annum to 9,00,000 tonnes per annum.

The Company substantially increased the capacity of windmills by

installing 70 more windmills. It was also proposed to set up

additional wind mills.

5,92,116 bonus equity shares allotted in ratio of 1:1. 12,879 bonus

shares remain unallotted pending completion of required formalities.

Preference shares redeemed during the year.

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

trippings.

A new composite cement unit with a capacity of 5 lakh tonnes per

annum is proposed to be set up at R. R. Nayar.

27 more wind mills with a total additional installed capacity of 10.5

MW were set up at Poolaradi in Tamil Nadu.

1335 shares kept in abeyance issued as bonus shares.

35 shares kept in abeyance issued.

149 shares allotted pursuant to a contract without payment being

received in cash.

Madras Cements has satisfactorily commissioned its third cement plant

in Alathiyur, the second in Tamil Nadu.

The Company's Jayantipuram unit lost almost a month's production due

to breakdown of the raw mill.

The clinker plant of the Alathiyur unit was commissioned in March

while the grinding unit was commissioned in May.

Crisil had assigned a `P1+' rating to the Rs.56 crore commercial

paper issue of Madras Cements Ltd. A `P1+' rating has been assigned to

the commercial paper issue of Madras Cements Ltd, indicating that the

degree of safety regarding timely payment on the instrument is very

strong.

Madras Cements Ltd. is embarking on forward integration by setting up

a ready-mix concrete (RMC) plant near Chennai. The plant, to be

located at Medavakkam, will have a capacity of 45,000 cu mtrs.

The company has tied up with Visakhapatnam Steel Plant (VSP) for

procuring slag, a blast furnance residue and a crucial input for slag

cement.

Madras Cement's Rs 360 million non convertible debenture issue has

been downgraded from AA+ (double a plus) to AA (double A). The rating

of the fixed programme has been downgraded from FAAA (F triple A) to

FAA+ (F double A plus). The Rs 560 million commercial paper programme

has been reaffirmed at P1+ (P one plus).

ACC came out with two brands on blended cement - `ACC Suraksha' and

`ACC Super'. These brands will have a national presence and will

substitute the company's regional brands in the long run.

Madras Cements is one of the largest cement companies in South India

with three manufacturing facilities (two in Tamil Nadu and one in

Andhra Pradesh).

The company has increased its capacity from 1.8 million tonnes to

2.75 million tonnes.

Madras Cements Ltd and a Murugappa group company Southern Energy

Development Corporation Ltd (SEDCO) could become first players in the

private sector to set up a gas-based captive power plant (CPP) in Tamil

Nadu.

Madras Cement has tied up with Gas Authority of India Ltd (GAIL) for

supply of gas and the fuel supply agreement was inked on April 15,

1999.

The company has tied up with Oil and Natural Gas Corporation (ONGC)

for supply of 25,000 cu mtrs of gas per day from its Nallore well, near

Mannargudi in Tamil Nadu.

MCL would install 27 Very Small Aperture Terminals (VSATs). MCL is

also installing a Business Process Re-engineering (BPR) package along

with the ERP package.

Madras Cements, flagship of the Ramco group, is embarking on a Rs 200

crore expansion plan to increase its annual capacity to six million

tonne by 2001.

Madras Cement has tied up with Vizag Steel Plant for supply of slag.

It is also setting up a gas-based captive power plant in Tamil Nadu in

a bid to reduce its power cost. An agreement has been entered into

with GAIL for supply of 80,000 cu mtrs of gas per day.

The Company has launched the Ramco Super Steel cement in Tamil Nadu.

The Company has scaled up the Capacity of its proposed gas based

captive power plant at Mayavaram, Tamil Nadu to 30 mw from 15 mw.

Madras Cements members approve stock split of the existing equity shares of Rs 100/- to 10 shares of Rs 10/- each.

Madras Cements Ltd. has informed that Shri. T.K. Thirumalaiappa Mudaliar passed away on January 3, 2004.

Madras Cements Ltd has informed that Government of Tamil Nadu has appointed Shri. Rajeev Ranjan, I.A.S., Industries Commissioner and Director of Industries and Commerce as their Nominee Director on the Company's Board with effect from August 22, 2007 in the place of Shri. M Raman, I.A.S.

The Company has issued Bonus Shares in the Ratio of 1:1.

The Company has splits its face value from Rs10/- to Rs1/-.

Board of Directors of the Company at its meeting held on inter alia, have declared an Interim Dividend of Rs 1/- per share of Rs 1/- each.

Madras Cements Ltd is planning to increase the manufacturing capacity of its Ariyalur plant in Tamil Nadu for which it is looking forward for an Rs.800 crore investment.

The directors have announced a final dividend of 50 paise per share.

Winner of CII Environmental Best Practices Award.

Andhra Pradesh Pollution Control Board and Environment & Forest Dept, Government of AP, presented the Award to Madras Cements Ltd., Jayanthipuram Unit in recognition of practicing Cleaner Production Measures, on the eve of World Environment Day celebrated at Hyderabad.

The Board of Directors of the Company declared an Interim Dividend of Rs. 2.00 per share of Rs. 1.00 each.

Madras Cements Ltd. shall be changed to The Ramco Cements Ltd. and the trading symbol of the Company be changed from MADRASCEM to RAMCOCEM.

The Board recommended Dividend of Re. 1/- per share.

The Ramco Cements Ltd won the following awards constituted by National Council for Cement and Building Materials

Order passed by Competition Appellate Tribunal (COMPAT)

CLSA - Life-high unit Ebitda

CENTRUM - Sparkling Performance Continues

Awards received from NCCBM.

The Ramco Cements launched RAMCO SUPERCRETE a new premium blended cement.

Ramco Cements won 'Gold Medal' at India Green Manufacturing Challenge - 2018.

Company's Alathiyur unit has been awarded 'Commendation for Significant Achievement in CSR' by the Confederation of Indian Industry in the CII-ITC Sustainability Awards 2020.

Acquisition of 5 Crore Equity Shares of Rs.1/- each of LYNKS LOGISTICS LIMITED.

Ramco Cements commence operations at its grinding unit in Odisha.

amco Cements was presented with the Golden Peacock National Training award 2020

Ramco Cements launches new product for plastering,brickwork.

Ramco Cements launches Ramco Super Plaster, a non-refractory plaster.

Ramco Cements bags Apex India Gold award for health and safety.

Ramco Cements’ employee bags 3 bronze medals in Uganda Para-Badminton International 2022.

Building Construction - Ramco Cements has the Best Performing Wind Farm.

National Award for Excellence in Energy Management.

Ramco Cements gets Green award.

Company had been declared 'Winner' for its Outstanding Achievements in Promotion of Healthcare by Greentech Foundation in the 9th CSR India Awards, 2022.

Ramco Cements’ employee bags 2 bronze medals at the Uganda Para-Badminton International 2023.

Ramco Contribution for flood relief in Tamil Nadu.