RCC Cements Share Price

RCC Cements Limited was incorporated as Rishabh Cement Company Pvt Ltd on 3 April 1991. It was subsequently converted into a Public limited company in August, 1995 and acquired its present name in October 1995. The company set up plant in the Gurgaon district of Haryana to manufacture 50 tons per day of ordinary portland cement as a small scale industrial (SSI) unit. Commercial production of 33 grade cement commenced in Jun.94. It started the manufacture of 43 grade cement in Oct.95. In 199596, it increased the capacity from 50 tons per day to 200 tons per day to manufacture ordinary Portland cement, aluminous cement, slag cement, super sulphate cement and similar hydraulic cements. It came out with a public issue in Apr.96 to partfinance its expansion project.During 201718, Ultratech commissioned a greenfield clinker plant with a capacity of 2.5 MTPA and a cement grinding facility with 1.75 MTPA capacity in Dhar, Madhya Pradesh. In September 2018, the Company acquired the Bhabua Manufacturing Plant. The Company is engaged in the business of manufacturing cement and the main objects of the Company as per its Memorandum of Association are: To establish, construct, acquire, run and operate any factor for manufacturing cements and allied products and to produce, manufacture, treat, process, refine, import, export, purchase, sale, deal in to act as brokers, agents, stockiest, distributors and suppliers of all kinds of cements (whether ordinary, white, coloured, Portland, pozzokns, alumina, blast, furnaces, silica or otherwise), cement, products of any description, such as pipes, poles, slabs, briks, asbestos sheet, blocks, tiles, garden wares, and articles things, compounds and preparation thereof and to take on lease and maintain cement factories, quaries, mines work shops and other works.