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IAMUY On Other Exchanges
Natl India
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india cements ltd-144a gdr (IAMUY) Details

The India Cements Limited produces and sells cement in India. It offers blended and ordinary Portland cement under the Sankar Super Power, Coromandel King, and Raasi Gold brands. The company also provides ready mix concrete for use in large construction projects, such as dams, bridges, and industrial structures, as well as small and medium projects. In addition, it is involved in the operation of three bulk carriers and two handy-size vessels; acquisition, development, and exploration of coal mines; execution of projects primarily in the water and waste water, and building sectors; and development of a gated community residential project comprising of 36 villaments and 48 apartments. The company was founded in 1946 and is based in Chennai, India.

Founded in 1946

india cements ltd-144a gdr (IAMUY) Top Compensated Officers

Vice Chairman, Chief Executive Officer, Manag...
Total Annual Compensation: 36.0M
Compensation as of Fiscal Year 2014.

india cements ltd-144a gdr (IAMUY) Key Developments

India Cements Capital Announces Cessation of Rupa Gurunath as Director

India Cements Capital announced that Rupa Gurunath was appointed as additional director of the company with effective from February 11, 2015, in terms of Section 161 of the Companies Act, 2013. As such, she ceased to be a director of the company with effective from September 23, 2015.

India Cements Plans To Raise Money

The India Cements Limited (BSE:530005) is planning to raise about INR 5 billion through various instruments. A board meeting has been convened on Wednesday for this purpose to examine proposals such as issue of qualified institutional placement, foreign currency convertible bonds, global depository receipts and or other securities, according to a BSE filing.

The India Cements Limited Announces Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2015

The India Cements Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 10,710.4 million compared to INR 12,309.9 million a year ago. Total income from operations was INR 10,754.5 million compared to INR 12,348.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,439.7 million compared to INR 1,001.6 million a year ago. Profit from ordinary activities before tax was INR 401.0 million compared to loss from ordinary activities before tax of INR 29.6 million a year ago. Net profit for the period was INR 401.0 million compared to net loss for the period of INR 29.6 million a year ago. Basic and diluted EPS was INR 1.31 compared to basic and diluted LPS of INR 0.10 a year ago.


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