December 3, 2007

Cement Production and Despatches in November 2007:

Our cement production and despatch figures for the month of November 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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November 01, 2007

Cement Production and Despatches in October 2007:

Our cement production and despatch figures for the month of October 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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ACC PRESS RELEASE

1) 3r Quarter (July-Sept 2007) Standalone Results

October 18, 2007

Sales turnover of the company is up by 21.8% at Rs.1678.78 crore during the quarter as compared to Rs.1377.75 crore during corresponding period of the previous year.

Profit before interest, depreciation, exceptional items and tax, is up by 23.2% at Rs. 476.99 crore during the quarter as compared to Rs.387.09 crore for the corresponding period of the previous year, on account of higher volume of sales and better product mix, improvements in realization as offset by substantial increase in cost of inputs.

Profit before Tax for the quarter also increased to Rs.411.04 crore as compared to Rs.314.11 crore for the corresponding period of the previous year, - up by 30.9%.

Profit after Tax for the quarter also increased to Rs.292.42 crore as compared to Rs.224.81 crore for the corresponding period of the previous year, - up by 30.1%.

2) New Projects/Modernisation

During the quarter under review, the company commissioned its 9 MW Wind farm in Tamil Nadu & 25 MW TG set at its Kymore plant. The implementation of Bargarh & New Wadi expansion projects are progressing as scheduled.

3) Outlook

Overall, the cement industry recorded a growth rate of about 7.8% during the current nine months ended Sep-07 as compared to the corresponding previous period. The Economy continues to be buoyant. The housing, construction and infrastructure sector continue to record strong growth which has a positive impact on cement demand.

Sumit Banerjee
Managing Director

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October 05, 2007

ACC commissions Wind Energy Farm in Tamil Nadu

ACC successfully commissioned its first Wind Energy Farm located in Udayathoor in Tirunelveli district, Tamil Nadu. This initiative is part of the company’s efforts to adopt clean and green technologies to reduce dependence on conventional fossil fuel based energy sources.

The wind power plant comprises six modern wind turbines of capacity 1.5 MW each made by Suzlon Energy Limited. The project was executed in a record time of three months from start to finish. ACC’s Udayathoor Wind Farm is located near Kanyakumari, a region that experiences winds of enough speed to support wind energy installations.

Wind power generated here will be wheeled to ACC’s Madukkarai Cement plant in Coimbatore through a suitable arrangement with the state grid. Excess power not utilized by Madukkarai plant will be offered to the grid.

Sumit Banerjee, Managing Director, said “The state of Tamil Nadu has been proactive in promoting and adopting renewable sources of energy. Our Madukkarai cement plant has already been contributing to conserving mineral resources by using low grade limestone and fly-ash. I am pleased to dedicate the Udayathoor Wind Farm to honour this nature-friendly spirit of the people and the Government of Tamil Nadu. The Udayathoor Wind Project is a small but significant milestone in ACC’s journey towards sustainable development.”

Electricity generated from wind power is Green energy. It is renewable; it is non-polluting, relatively noise-free and leads to no direct emissions. Wind energy projects are eligible for Clean Development Mechanism (CDM) benefits under certain specific conditions.

Mr I.C. Mangal Vice President of Suzlon Energy said “Suzlon and ACC are India’s leaders in our respective arenas. It is our privilege to be ACC’s partner in their foray into wind. With the successful completion of this project we look forward to an ongoing relationship.”

R Nand Kumar
Corporate Communications & CSR - Head

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October 03, 2007

Cement Production and Despatches in September 2007:

Our cement production and despatch figures for the month of September 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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September 05, 2007

Sumant Moolgaokar Technical Institute completes 50 years

ACC is proud to announce that the prestigious Sumant Moolgaokar Technical Institute at Kymore has completed 50 years while simultaneously marking a new beginning for the institute as it reopens with a fresh mandate and a whole new educational curriculum.

The Kymore Engineering Institute was established in 1957, with the aim to train young men in specialized trades to become artisans, foreman and first line supervisors to meet the needs of the company. Kymore is located in Katni district of Madhya Pradesh. KEI was later renamed as Sumant Moolgaokar Technical Institute in honour of its founder the late Dr Moolgaokar.

SMTI has had a distinguished track record of producing more than 3000 Artisans and Foreman trainees who have put in valuable service in ACC and other cement plants in India and abroad. Training at SMTI was respected and valued as being superior to that provided at various Industrial Training Institutes in the country. A certificate from SMTI was respected in industry and often assured ready placement. Most of the alumni comprised children of employees, workers and members of the local community around ACC’s cement plants.

SMTI’s fresh batch is made up of 80 students who are all ITI qualified. The new course at SMTI aims to complement the education provided at ITI’s. Students will receive specialized technical education to develop them to occupy technical and supervisory positions in Electrical, Instrumentation, Diesel and Fitting trades in cement plants. The course duration is one Year at the institute and six months of on-the-job training at any one of the cement plants. The curriculum has been updated to incorporate technological advancements made by the Indian cement industry in recent years. The faculty comprises engineers with considerable experience in ACC’s cement plants or in the field of technical education.

Presiding at a commemoration and relaunch ceremony, Sumit Banerjee, Managing Director, said “Training is integral to our organizational vision. The reopening of this institute is only one instance of the many steps ACC is taking in this direction. We are giving special thrust to people development, learning, sharing of knowledge and best practices and learning.”

The company plans to spend over Rs 8 crores on various education, training and knowledge management initiatives including Rs 2 crores earmarked for SMTI. The programmes at the Regional Training Centre in Jamul, Chattisgarh are being redesigned completely so as to offer professional technical courses of relevance to manufacturing sectors such as cement. A state-of-the-art Learning Centre is coming up at ACC’s Thane complex. ACC also proposes to partner with Government and industry associations to upgrade some ITI’s located near its plants.

Dr Rajen Mehrotra has joined ACC recently as its Chief Knowledge Officer to help steer the company’s knowledge agenda within and beyond the company. Dr Mehrotra has had considerable experience in industry and as an academician. Prior to joining ACC, he was with the United Nations-International Labour Organisation as Senior Specialist on Employers’ Activity for South Asia .

R Nand Kumar
Corporate Communications & & CSR - Head

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September 03, 2007

Cement Production and Despatches in August 2007:

Our cement production and despatch figures for the month of August 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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August 02, 2007

Cement Production and Despatches in July 2007:

Our cement production and despatch figures for the month of July 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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ACC PRESS RELEASE

1) 2nd Quarter (April-June 2007) Standalone Results

Julyl 19, 2007

Sales turnover of the company is up by 27.2% at Rs.1867.95 crore during the quarter as compared to Rs.1468.80 crore during corresponding period of the previous year.

Profit before interest, depreciation, exceptional items and tax, is up by 19.0% at Rs. 572.70 crore during the quarter as compared to Rs.481.17 crore for the corresponding period of the previous year, on account of improvements through higher volume of and improved product mix management by sales of blended cement, improvements in realization, offset by substantial increase in cost of inputs.

Profit before exceptional items and Tax for the quarter also increased to Rs.511.63 crore as compared to Rs.408.21 crore for the corresponding period of the previous year, - up by 25.3%.

2) New Projects/Modernisation

The project for expansion of capacity at Lakheri by 0.90 MT to 1.50 MT alongwith new 25 MW Captive Power Plant and augmentation of grinding capacity at Kymore has gone into commercial production during the current quarter. Projects for augmentation of grinding capacities at Sindri and Wadi are in progress. Expansion of capacity at Bargarh by 1.18 M.T. alongwith a 30 MW Captive Power Plant is moving as scheduled. The project for expansion of New Wadi plant by a further 3.0 M.T. has been taken up.

3) Divestment of ACC Nihon Castings Limited- Wholly owned subsidiary

The Company has in July 2007 sold its entire shareholding in its wholly owned subsidiary ACC Nihon Casting Limited at a consideration of Rs. 30 crore. The transaction has no significant impact on the results of the Company.

4) Outlook

Overall, the cement industry recorded a growth rate of about 7.1% during the current half year ended June-07 as compared to the corresponding previous period. The GDP growth of the country continues to be strong. As the country needs more investment in housing and infrastructure sector, cement industry needs to gear up to service the growing needs. We expect that the industry will receive adequate support from all stakeholders and statutory authorities in meeting this challenge.

5) Interim Dividend

The Board of Directors has decided to recommend an interim dividend of Rs. 10 Per Share aggregating to Rs.219.24 Crore ( including tax on dividend).

Sumit Banerjee
Managing Director

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July 02, 2007

Cement Production and Despatches in June 2007:

Our cement production and despatch figures for the month of June 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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June 21, 2007

ACC supports construction of the most sustainable building project in India

ACC has extended financial support to the construction of what is expected to turn out to be the most exemplary sustainable building on the Indian subcontinent. The building, based in New Delhi, will house the headquarters of Development Alternatives, a reputed non-government organization. Providing spaces for offices, training, conferences and technical research, the structure is being built by local workers using chiefly local materials that embody little energy. Refined passive and evaporation systems keep the building cool with minimum energy consumption, even in the hot climate. The building is also very user friendly – and its pioneering technologies can easily be adopted in other locations. With notable technical, environmental, social and cultural merit, the building will come to serve as a laboratory and testimonial for sustainable construction in tropical and subtropical zones.

Long-term partnership to improve rural livelihoods
Paul Hugentobler, Deputy Chairman ACC and Holcim Executive Committee member explained: “Holcim, ACC and Development Alternatives pursue similar goals. The promotion of a sustainable society is for us more than lip service; on all continents Holcim seeks partnerships with organizations that concretely contribute to sustainable improvement of livelihoods and habitats. We are looking forward to a long-term partnership with Development Alternatives and other like minded organizations that will enable Holcim and ACC to take an active lead within the Indian cement industry in establishing solutions for improved rural livelihoods."

ACC promotes sustainable construction
ACC has joined hands with the Swiss based Holcim Foundation for Sustainable Construction to promote and encourage sustainable construction projects as part of the company’s nationwide programme for corporate social responsibility and to demonstrate its commitment to pursue sustainable development in India. Since inception, ACC has contributed significantly to promote the cause of good construction practices in various ways. These include training of masons, site visits to advise on proper usage of cement, comprehensive advise to homebuilders, restoration of heritage buildings and the publication of India’s first and only civil engineering magazine The Indian Concrete Journal.

Sumit Banerjee, Managing Director, ACC Limited: “As a pioneer and trendsetter in cement and concrete, ACC is proud to be associated with a project that is innovative and likely to become a benchmark for large urban workspaces and building complexes. I am sure it will offer significant learning to students of architecture, civil engineering and town planning.”

First co-funding project of Holcim Foundation
The Holcim Foundation is backed by the Holcim group, of which ACC is now a part. The Foundation was established to support innovative approaches to sustainable construction worldwide – through global design competitions and international forums, and by financially supporting important research and construction projects. This is the first time that both ACC and the Holcim Foundation, have stepped forward with financial support amounting to Rs 1.30 crore equivalent to US $ 320,000 to a construction project.

Edward Schwarz, General Manager Holcim Foundation: "The impressive building and the projects that will be developed and conducted within it in the future will serve as valued examples of sustainable construction and of supporting masses of needy people."

Center for excellence in sustainable habitat
Development Alternatives, respected as a center for excellence in sustainable habitat, promotes commercially viable, environmentally friendly technologies and helps predominantly poor people to create sustainable habitats themselves. This NGO was founded by Dr. Ashok Khosla, one of the world's leading experts in the environment and sustainable development. The architect of the project is Ashok B. Lall, principal of a leading architectural firm in New Delhi and Dean of Studies at the TVB School of Habitat Studies.

Dr Ashok Khosla, Chairman Development Alternatives, expressed his gratiture for the financial support “in the name of the millions who hope to have access to the kinds of materials and technologies that Development Alternatives is innovating.”

Holcim Awards Competition For Sustainable Construction Projects
The Holcim Awards is a competition of the Holcim Foundation for Sustainable Construction that is conducted at the national, regional, and global level. The competition celebrates innovative, future-oriented and tangible sustainable construction projects from around the globe and provides total prize money of USD 2 million. The second Holcim Awards competition cycle was launched this month, inviting architects, engineers and other specialists in the construction industry to submit projects that meet the challenges of sustainable construction. Projects may be submitted to www.holcimawards.org up to February 29, 2008.

(R Nand Kumar)
Corporate Communications & CSR - Head

Mumbai
June 21, 2007

June 04, 2007

Cement Production and Despatches in May 2007:

Our cement production and despatch figures for the month of May 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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May 04, 2007

Cement Production and Despatches in April 2007:

Our cement production and despatch figures for the month of April 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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ACC PRESS RELEASE

1) Ist Quarter ( January-March 2007) Standalone Results

April 19, 2007

Sales turnover of the company is up by 24.8% at Rs.1674.83 crore during the quarter as compared to Rs.1342.43 crore during corresponding period of the previous year.

Profit before interest, depreciation, exceptional items and tax, is up by 48.8% at Rs. 535.53 crore during the quarter as compared to Rs.359.88 crore for the corresponding period of the previous year, on account of improvements through product- market optimization, higher sales of blended cement and other cost reduction measures as also improvements in realisation. Selling price of cement net of Excise Duty have remained stable during Jan-Mar-07 consequent to industry entering a phase of price stability since last quarter of 2006.

Profit before exceptional items and Tax for the quarter also increased to Rs.469.42 Crore as compared to Rs.280.86 crore for the corresponding period of the previous year, - up by 67.1%.

Profit after tax for quarter Jan-March-07 has gone up by 54.5% at Rs. 363.75 crore as compared to Rs.235.42 crore during the corresponding period of the previous year.

2) New Projects/Modernisation

Grinding Augmentation Project at Tikaria has gone into commercial production during the current quarter. The project for expansion of capacity at Lakheri by 0.90 MT to 1.50 MT alongwith a new 25 MW Captive Power Plant has commenced trial production. Projects for augmentation of grinding capacities at Kymore, Sindri and Wadi are in progress. Expansion of capacity at Bargarh by 1.18 M.T. alongwith a 30 MW Captive Power Plant are moving as scheduled. The project for expansion of New Wadi plant by a further 3.0 M.T. has been taken up.

During the quarter under review, some of our plants at these brown field sites operated at lower capacities due to project related shutdowns.

3) Ready Mix Concrete Business

The Board of Directors have approved sale and transfer of RMX Business, subject to all requisite approvals, to ACC concrete Ltd., a new wholly Owned Subsidiary which is being incorporated. This is expected to give the business the required focus, and access to resources, for implementing its growth plans.

4) Outlook

Overall, the cement industry recorded a growth rate of about 6.6% during the current quarter Jan-March-07 as compared to the previous period. The GDP growth of the country continues to be strong. With visible emphasis on housing and infrastructure, cement industry is expected to continue to fare well in the near term.

Sumit Banerjee
Managing Director

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ACC PRESS RELEASE

April 20, 2007

AGREEMENT WITH SHIVA CEMENT LIMITED

ACC has today entered into a Share Subscription Agreement with Shiva Cement Limited (SCL), Rourkela, Orissa by which ACC would be inducted as a shareholder of this company. This Agreement inter alia includes the following:

1. Subscribing to Preferential Allotment of 1,45,00,000 Equity Shares of Shiva Cement Limited with a face value of Rs. 2/- and a premium of Rs. 9/- per Equity Share in all, aggregating to Rs. 15.95 crore;
   
   
2. Subscribing to Preferential Allotment of 2,27,00,000 warrants of Shiva Cement Limited which has an option to convert into corresponding number of Equity Shares at a face value of Rs. 2/- and a premium of Rs. 9/- per Equity Share within 18 months from the date of allotment.
   

SCL operates a mini cement plant with a clinkering capacity of 350 tonnes per day and cement grinding capacity of 130,000 tonnes per year. It has the scope of being expanded further.

ACC has a Supply Agreement with SCL in terms of which SCL will manufacture and supply cement as per our quality and other specifications for a period of five years.

ACC already has a cement plant in Orissa at Bargarh and is among the leading brands in the state. There is an expansion project currently underway at Bargarh plant by which the capacity of the plant will increase from 0.96 MTPA to 2.14 MTPA together with the setting up of a 30 MW power plant.

The arrangement with Shiva Cement Ltd. is expected to help strengthen the presence of ACC in Eastern India, particularly in its strategic markets in the state of Orissa.

Sumit Banerjee
Managing Director

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April 02, 2007

Cement Production and Despatches in March 2007:

Our cement production and despatch figures for the month of March 2007 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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March 02, 2007

Cement Production and Despatches in February 2007:

Our cement production and despatch figures for the month of February 2007 are as follows:

In February 2007 production and despatches were affected to some extent due to planned stoppages on account of certain technical modifications carried out at three of our plants. We expect to make up this shortfall in coming months

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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February 01, 2007

General Manager - Department of Corporate Services
Bombay Stock Exchange Limited
Pheroze Jeejeebhoy Towers
Dalal Street
Mumbai 400 001
Fax No. 22722029 / 41 / 61 22723121 / 3719

IN DUPLICATE

Dear Sirs,

Sub: Recommendation by the Board of Directors in respect of
        Dividend for the financial year ended 31st December 2006.

We have to inform you that the Board of Directors of the Company at its Meeting held today have considered the Audited Statement of Account for the financial year ended 31st December 2006 and recommended payment of dividend at the rate of Rs. 15/- (Rupees fifteen only) per share.

It has accordingly been decided to close the Register of Members and Share Transfer Books of the Company from 16th March 2007 to 28th March 2007(both days inclusive) for the purpose of determining payment of the above dividend to the shareholders.

The said dividend, if approved by the shareholders at the Annual General Meeting (AGM) of the Company to be held on Wednesday, 28th March 2007, will be made payable to those shareholders whose names stand on the Register of Members on Wednesday 28th March 2007. In respect of shares held in dematerialized form in the Depository System, the dividend will be paid to the beneficial owners as on 15th March 2007 as per the list provided by the Depositories. The dividend will be payable on and from 11th April 2007.

Thanking you,

Yours faithfully
For ACC Limited

A Anjeneyan
Company Secretary

Encl. 1. Statement in regard to the financial results for the year ended 31st December 2006.
        2. Intimation of book closure in the required format as per Circular dated 8th May 1995.

February 01 2007

General Manager - Department of Corporate Services
Bombay Stock Exchange Limited
Pheroze Jeejeebhoy Towers
Dalal Street
Mumbai 400 001
Fax No. 22722029 / 41 / 61 22723121 / 3719

Name of the Company: ACC Limited, Mumbai

For ACC Limited

A Anjeneyan
Company Secretary

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February 01, 2007

National Stock Exchange of India Limited
Exchange Plaza, 5th Floor
Plot No. C/1, G Block
Bandra-Kurla Complex
Mumbai 400 051
Fax No. 26598237 / 38

Dear Sirs,

Sub: Changes in Directorate

We give below the changes in our Directorate:

1. Mr A K Jain, Wholetime Director has expressed a desire to seek early retirement. He would cease to hold office with effect from 15^th February 2007.
   
   
2. Mr M L Narula, after his retirement as Managing Director from 31^st March 2007 is to be appointed as a Non-Executive Director with effect from 1^st April 2007. This appointment would be subject to the approval of the shareholders at the forthcoming Annual General Meeting.
   

Yours faithfully
For ACC Limited

A Anjeneyan
Company Secretary

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February 01, 2007

PRESS RELEASE

ACC Limited

(Formerly The Associated Cement Companies Ltd.)

1) 2006 (January-December 2006) Results (Consolidated)

The company sold 18.86 million tonnes of cement as compared to 17.50 million tonnes during 2005 (Jan-Dec), an increase of 7.8%. Turnover is up by 28.2 % at Rs. 5851.24 crore during the year as compared to Rs. 4563.57 crore during 2005.

Improved realization and volume as partially offset by increase in cost of inputs has resulted in higher profit before interest, depreciation, exceptional items and tax at Rs.1778.53 crore during the year as compared to Rs. 895.02 crore for the year 2005-up by 98.7%.

Profit before exceptional items and Tax for the year ( Jan-Dec-06) increased to Rs. 1462.38 Crore as compared to Rs. 571.95 crore during the year Jan-Dec-2005 up by 155.7%.

Profit after tax for the year (Jan-Dec-06) has improved by 78.1% at Rs.1239.60 crore as compared to Rs.695.97 crore during the year 2005 (Jan-Dec-2005).

2) Standalone Results – Q-4

		Quarter	Quarter	Growth
		Oct-Dec 2006	Oct-Dec 2005	%
Sales Turnover	Rs.Crore	1619.90	1078.37	50.2
Profit Before Exceptional items and Tax	Rs.Crore	445.35	108.82	309.2
Net Profit	Rs.Crore	358.46	173.45	106.7

The company’s sales turnover improved by 50.2% at Rs. 1619.90 crore during the quarter Oct-Dec-06 as compared to Rs.1078.37 crore during corresponding previous quarter.

Profit before exceptional items & tax for the quarter Oct-Dec-06 increased to Rs.445.35 crore as compared to Rs. 108.82 crore during corresponding previous quarter up by 309.2%.

Profit after tax for the quarter Oct-Dec-06 has improved by 106.7% at Rs. 358.46 crore as compared to Rs. 173.45 crore during corresponding previous quarter.

3) New Projects/Modernisation

The projects for Lakheri expansion of capacity by 0.90 MT to 1.50 MT alongwith 25 MW Captive Power Plant is nearing completion. The various augmentation of grinding capacities at Kymore by 0.50 M.T., Tikaria by 0.31 M.T.,Sindri by 0.40 M.T. and Wadi by 1.08 M.T. are in progress. Accordingly, company will add 3.19 M.T. capacity to reach year end capacity of 23.10 M.T. by December 2007. Bargarh expansion of capacity by 1.18 M.T. alongwith 30 MW Captive Power Plant are progressing as scheduled. Project for expansion of Wadi New plant by further 3.0 M.T. has been taken up.

4) Outlook

The Indian economy has recorded strong growth rate during current year. The cement industry recorded a healthy growth rate of about 11.3% during the calendar year 2006 as compared to 9.4% for the previous period. With continued emphasis on housing, infrastructure and ambitious plan for developing special economy zones, cement industry is expected to continue to fare well in the coming year.

5) Dividend

The Board of Directors has decided to recommend a dividend of Rs.15 Per share aggregating to Rs.320.32 Crore (including tax on dividend).

M.L.Narula
Managing Director

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January 03, 2007

Cement Production and Despatches in December 2006:

Our cement production and despatch figures for the month of December 2006 are as follows:

R Nand Kumar
Corporate Communications &
Corporate Social Responsibility-Head

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