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Orient Cement Ltd.

BSE: 535754 Sector: Industrials
NSE: ORIENTCEM ISIN Code: INE876N01018
BSE 00:00 | 22 Jun 109.05 -0.50
(-0.46%)
OPEN

108.35

HIGH

111.95

LOW

108.35

NSE 00:00 | 22 Jun 110.10 0.55
(0.50%)
OPEN

110.90

HIGH

111.50

LOW

109.45

OPEN 108.35
PREVIOUS CLOSE 109.55
VOLUME 6804
52-Week high 183.80
52-Week low 106.00
P/E 50.49
Mkt Cap.(Rs cr) 2,234
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 108.35
CLOSE 109.55
VOLUME 6804
52-Week high 183.80
52-Week low 106.00
P/E 50.49
Mkt Cap.(Rs cr) 2,234
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Orient Cement Ltd. (ORIENTCEM) - Chairman Speech

Company chairman speech

Orient Cement is reinventing itself in a number of ways.

The most exciting development that I need to communicate to our shareholders is one ofa dramatic transformation.

Primarily the transformation is in the organizational mindset. We are hungrier forgrowth fast-moving in responsiveness accepting of new technologies recruiter of youngtalent and a willing trier of new ideas. The sum of these transformations is that even aswe were considered to be a regional company till recently the transformed Orient Cementaspires to be a serious pan-India player.

I am pleased to report that even as we had drawn out a target to transform ourconsolidated cement manufacturing capacity from 5 mn tonnes per annum a few years ago to15 mn tonnes per annum by 2020 we are expecting to reach a capacity of 12 mn tonnes perannum almost three years ahead of our target.

In this microcosm lies a picture of the transformed company: give Orient Cement achallenging problem and the employees will respond as a single team to outperform andover-achieve. This DNA provides me with the confidence that the company will rise to itstrue potential and enhance value for all its stakeholders across the foreseeable future.

Chandrakant Birla Chairman