about us > milestones
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2010 | 2006 | 2004 | 2003 | 2002 | 2001 | 1998-2000 | 1999 | 1998 | 1996 | 1994 | 1993 | 1987 | 1983

As part of the ninth biggest cement manufacturer in the world, UltraTech Cement has eleven integrated plants, one white cement plant, twelve grinding units as well as five terminals of its own (one overseas, in Colombo, Sri Lanka). These facilities gradually came up over the years, as indicated below:

2010
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The cement business of Grasim demerged and vested in Samruddhi Cement Limited in May, 2010. Subsequently, Samruddhi Cement Limited amalgamated with UltraTech Cement Limited in July 2010.


2006
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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)

2004
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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

2003
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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.

2002
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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.
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Grasim increases its stake in L&T to 14.15 per cent
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Arakkonam grinding unit

2001
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Grasim acquires 10 per cent stake in L&T. Subsequently increases stake to 15.3 per cent by October 2002
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Durgapur grinding unit

1998-2000

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Bulk cement terminals at Mangalore, Navi Mumbai and Colombo

1999
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Narmada Cement Company Limited acquired
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Ratnagiri Cement Works

1998
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Gujarat Cement Works Plant II
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Andhra Pradesh Cement Works

1996
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Gujarat Cement Works Plant I

1994
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Hirmi Cement Works

1993
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Jharsuguda grinding unit

1987
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Awarpur Cement Works Plant II

1983
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Awarpur Cement Works Plant I

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