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Anjani Portland Cement Ltd.

BSE: 518091 Sector: Industrials
NSE: APCL ISIN Code: INE071F01012
BSE 00:00 | 22 Jan 207.20 -1.50
(-0.72%)
OPEN

208.00

HIGH

211.05

LOW

205.45

NSE 00:00 | 22 Jan 207.05 -0.80
(-0.38%)
OPEN

208.00

HIGH

211.85

LOW

205.10

OPEN 208.00
PREVIOUS CLOSE 208.70
VOLUME 3641
52-Week high 234.90
52-Week low 82.25
P/E 9.70
Mkt Cap.(Rs cr) 524
Buy Price 207.00
Buy Qty 100.00
Sell Price 208.10
Sell Qty 152.00
OPEN 208.00
CLOSE 208.70
VOLUME 3641
52-Week high 234.90
52-Week low 82.25
P/E 9.70
Mkt Cap.(Rs cr) 524
Buy Price 207.00
Buy Qty 100.00
Sell Price 208.10
Sell Qty 152.00

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.

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