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UltraTech Cement Ltd. Company History and Annual Growth Details

1983
-Awarpur Cement Works Plant I

1987
Awarpur Cement Works Plant II

1993
-Jharsuguda grinding unit

1994
-Hirmi Cement Works

1996
-Gujarat Cement Works Plant I

1998
-Andhra Pradesh Cement Works
-Gujarat Cement Works Plant II

1999
-Narmada Cement Company Limited acquired

-Ratnagiri Cement Works

2000
Bulk cement terminals at Mangalore, Navi Mumbai and Colombo

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

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.

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

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

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.

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

2010

- Ultratech Cement Ltd has appointed Mr. O P Puranmalka as Additional Director with immediate effect.

2011

-UltraTech Cement Ltd has recommended a final dividend of Rs. 6/-

2012

-UltraTech Cement Ltd has acquired 100 per cent equity shares of Gotan Limestone Khanij Udyog Pvt Ltd (GKUPL), Rajasthan.

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

2014
-UltraTech Cement Welcomes New Network of Gujarat Cement Dealers
-UltraTech Cement Limited acquisition of Cement Units of Jaiprakash Associates Limited

2015
-UltraTech Cement commissions clinkerisation plant at Rajasthan

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

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