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LafargeHolcim hikes stake in ACC to 4.48%

16 Nov 2016 Evaluate

LafargeHolcim’s subsidiary Holderind Investments has purchased through stock exchange 78,70,000 equity shares of ACC constituting 4.19% of the equity share capital. Holderind Investments shareholding in the company thus stands increased from 0.29% to 4.48%. Holderind Investments is one of the promoters of the company and the total promoter shareholding in the company stands increased from 50.34% to 54.53%.

ACC is India’s foremost manufacturer of cement and ready mixed concrete with a countrywide network of factories and sales offices.


Peers
Company Name CMP
Ultratech Cement 11020.00
Ambuja Cements 374.90
ACC 1217.50
Shree Cement 22215.80
Dalmia Bharat 1655.25
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