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UltraTech Cement Ltd
UltraTech Cement Ltd Company History
UltraTech Cement is engaged in the manufacture and sale of Cement and Cement related products.(Source : 202303 Annual Report Page No:260)
1983
Awarpur Cement Works Plant I
1983
1987
Awarpur Cement Works Plant II
1987
1993
Jharsuguda grinding unit
1993
1994
Hirmi Cement Works
1994
1996
Gujarat Cement Works Plant I
1996
1998
Andhra Pradesh Cement Works
Gujarat Cement Works Plant II
1998
1999
Narmada Cement Company Limited acquired
Ratnagiri Cement Works
1999
2000
Bulk cement terminals at Mangalore, Navi Mumbai and Colombo
2000
2001
Grasim acquires 10 per cent stake in L&T. Subsequently increases stake to 15.3 per cent by October 2002
Durgapur grinding unit
2001
2002
Grasim increases its stake in L&T to 14.15 per cent
Arakkonam grinding unit
The Grasim Board approves an open offer for purchase of up to 20 per cent of the equity shares of Larsen & Toubro Ltd (L&T), in accordance with the provisions and guidelines issued by the Securities & Exchange Board of India (SEBI) Regulations, 1997.
2002
2003
The board of Larsen & Toubro Ltd (L&T) decides to demerge its cement business into a separate cement company (CemCo). Grasim decides to acquire an 8.5 per cent equity stake from L&T and then make an open offer for 30 per cent of the equity of CemCo, to acquire management control of the company
2003
2004
Completion of the implementation process to demerge the cement business of L&T and completion of open offer by Grasim, with the latter acquiring controlling stake in the newly formed company UltraTech
2004
2006
Narmada Cement Company Limited amalgamated with UltraTech pursuant to a Scheme of Amalgamation being approved by the Board for Industrial & Financial Reconstruction (BIFR) in terms of the provision of Sick Industrial Companies Act (Special Provisions)
Formerly known as Ultratech Cemco Limited. The Group's principal activities are to manufacture and market clinker and cement in India
Ultratech Cement Ltd has inducted Mr. Saurabh Misra into the Board as an Additional Director and appointed Managing Director of the Company.
Ultratech Cement receives order from BIFR.
Ultratech Cement Ltd has appointed Mr Girish M Dave as a Director on the Board of the Company.
2006
2009
UltraTech to absorb Samruddhi to form India's biggest cement firm
Ultratech to be the lead sponsors of Rajasthan Royals
UltraTech to consider Grasim merger proposal
2009
2010
Ultratech Cement Ltd has appointed Mr. O P Puranmalka as Additional Director with immediate effect.
2010
2011
UltraTech Cement Ltd has recommended a final dividend of Rs. 6/-
2011
2012
UltraTech Cement Ltd has acquired 100 per cent equity shares of Gotan Limestone Khanij Udyog Pvt Ltd (GKUPL), Rajasthan.
2012
2013
Birla White Yuvaratna Awards for Architects and Engineers
UltraTech Cement Limited to acquire the Gujarat Cement Unit of 4.8mtpa of Jaypee Cement Corporation Limited in Gujarat
UltraTech annouces the winners of 'Mera Gaon Mera Base'
UltraTech launches new specialty concrete products
2013
2014
UltraTech Cement Welcomes New Network of Gujarat Cement Dealers
UltraTech Cement Limited acquisition of Cement Units of Jaiprakash Associates Limited
2014
2015
UltraTech Cement commissions clinkerisation plant at Rajasthan
2015
2016
UltraTech Cement Acquisition of Cement Units of Jaiprakash Associates Limited
Ultratech secures 4.09 LT of coal supply
UltraTech Cement hits record high on fund raising plans
2016
2017
UltraTech Cement commissions slag cement capacity in Bihar
UltraTech Cement recommended a dividend of Rs. 10/- per equity share of Rs. 10/- each
2017
2018
UltraTech Cement commenced construction work for a greenfield cement plant at Ballara village, Pali.
UltraTech Cement recognised at National Energy Conservation Award 2017.
UltraTech sets new benchmarks in commissioning of Greenfield Factory in South West MP.
2018
2019
UltraTech Concrete receives 'Innovation for Sustainability' Award at the Economic Times Innovation Awards.
UltraTech Cement Limited (UltraTech), in its effort towards sustainability and innovation, has developed an in-house technology to use all waste generated from the rejected concrete.
2019
2020
UltraTech has entered an MoU with @coolbrook to explore technology options for reduction of CO2 emissions from our cement manufacturing operations.
Aditya Birla Group Cement Flagship Company UltraTech Cement Announces RS 5477 Crores Investment Towards 128 mtpa Capacity Expansion.
2020
2021
UltraTech Cement Amongst India's 30 Best Workplaces In Manufacturing 2021
UltraTech Cement joins RE100, commits to 100% renewable energy usage by 2050
UltraTech and PRESPL sign MOU for scaling up use of Agri Waste as fuel in cement manufacturing
UltraTech Wins FICCI Indian Circular Economy Award 2021
2021
2022
UltraTech announced signing of a MoU with Coolbrook, a transformational technology and engineering company.
UltraTech announces Rs.12886 crore investment for 22.6 MTPA capacity expansion.
UltraTech's Aditya Cement Works recognised at 17th CII-ITC sustainability Awards 2022.
UltraTech Cement announced the commissioning of Line II of the Bara Grinding Unit in Uttar Pradesh, India, having cement capacity of 2 mtpa.
2022
2023
UltraTech targets green energy at 85% of its total energy mix by 2030.
Demerger of Cement Business of Kesoram Industries Limited into UltraTech Cement Limited
Marching ahead to 182 MTPA capacity in India with a fresh investment of INR 13,000 crores
UltraTech Cement to implement Coolbrook's innovative technology for industrial electrification
2023