ACC has received an approval for the renewal of the existing Technology and Know-How Agreement (TKH Agreement) with Holcim Technology (HTL) under which the company pays TKH fees at 1% of net sales each year, to HTL, for a period of 2 years with effect from January 01, 2021, i.e., on the same terms of the existing TKH Agreement. The Board of Directors of the company at its meeting held on December 23, 2020, has approved the same.
ACC is one of India’s leading producers of cement and ready mix concrete.
