Held on 18 April 2018
The Board of ACC at its meeting held on 18 April 2018 transacted the following -Subject to approval of shareholders, the Board has recommended the renewal of technology and know-how agreement with Holcim Technology, a fellow subsidiary up on its expiry on 31 December 2017 for a period of three years from 01 January 2018 on same terms and conditions.
Pursuant to approval granted by the shareholders through postal ballot for entering into a Master Supply Agreement with Ambuja Cements, the holding company, approved limiting the period of the MSA for a period of three years commencing from the date of its execution. Both companies shall continue to have the unilateral right to terminate the MSA any time during its above term by providing three months' prior notice.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app