ACC bags Kannur Limestone Block in Karnataka

ACC Ltd. | Cement & Construction Materials | Construction & Infrastructure | BSE: 500410 | NSE: ACC

11 Feb 2022 Evaluate

ACC has been declared as successful bidder by Department of Mines & Geology, Government of Karnataka for Kannur, Wadi Area, Limestone Block in the State of Karnataka. Through this mining block, the company has secured estimated limestone resources above 250 million tonnes. This limestone block is in close proximity to the company's existing Wadi cement plant. The company had participated in an e-auction of the block, located in Kalburgi district of Karnataka.

ACC is one of India’s leading producers of cement and ready mix concrete.

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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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