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Anjani Portland Cement Ltd.

BSE: 518091 Sector: Industrials
NSE: APCL ISIN Code: INE071F01012
BSE LIVE 15:40 | 22 Aug 206.25 -3.85
(-1.83%)
OPEN

213.90

HIGH

213.90

LOW

205.20

NSE 15:31 | 22 Aug 206.35 -1.00
(-0.48%)
OPEN

212.50

HIGH

212.50

LOW

203.50

OPEN 213.90
PREVIOUS CLOSE 210.10
VOLUME 136
52-Week high 269.75
52-Week low 122.50
P/E 12.10
Mkt Cap.(Rs cr) 522
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 213.90
CLOSE 210.10
VOLUME 136
52-Week high 269.75
52-Week low 122.50
P/E 12.10
Mkt Cap.(Rs cr) 522
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Anjani Portland Cement Ltd. (APCL) - Company History

Anjani Portland Cement Ltd.(formerly Shez Cement Ltd), the Hyderabad based manufacturer of cement with an installed capacity of 198000 TPA is originally promoted by Syed Bhadruddin Shez and later taken over by K V Vishnu Raju the grandson of Dr,B V Raju(founder promoters of Raasi Group) and the former Managing Director of Raasi Cement has acquired 20% stake. Later in 1999 the name of the company has changed to the present one from Shez Cements. The company markets its Cement under the name Anjani. The company has acquired 100% equity of its sister company Vennar Ceramics Ltd.(VCL), a gas-based power plant of 2.7 MW capacity during the year 2000-01 thus making VCL as it;s wholly onwned subsidiary. Even before this acquisition, APCL is used to get 60 per cent of its power requirements from VCL. In December 7, 2000 the company for the first time in India has introduced a ready mixer of cement and sand to be used for wall plastering, floorings etc. The Mix is marketed under the name of Anjani Mix, and in 50 KG bags in three different proportions. In August 2001, the board has decided to make a preferential offer of 56.69 lakh equity shares of Rs.10 each to the promoters and associates as their stake in the company increase to 61.39 per cent.