The name of the Company has been change from Modi Cements Ltd. to Ambuja Cement Eastern Ltd. - 45,801,930 No. of equity shares of Rs.10 each has been reduced by 75% to 11,450,483 No. of equity ...
1978 - The Company was Incorporated on 15th April, at Hyderabad. The Company was promoted by Andhra Pradesh Industrial Development Corporation Ltd. (APIDC), in the joint sector with N.K.P. Raju.
Gross margins narrowed from 36% to 28.8%, impacted by higher coal prices, increased power costs and a shift towards clinker exports which resulted in a 10% quarterly drop in cement sales volumes ...
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