Ramco Cements Limited

Ramco Cements Limited (formerly Madras Cements Limited) is a company of the Ramco Group, a business group based in Chennai, India. The company also produces ready mix concrete and dry mortar products and operates wind farms. It was founded in 1961.

The main product of the company is Portland cement, manufactured in eight production facilities that include Integrated Cement plants and Grinding units with a current total production capacity of 16.45 MTPA (out of which Satellite Grinding units’ capacity alone is 4 MTPA). It manufactures and markets Portland cement, blast furnace slag cement, white cement and Pozzolana cement. The company also produces Ready Mix Concrete and Dry Mortar products, and operates one of the largest wind farms in the country.

CSR INITIATIVES:

The Ramco Cements Limited has been at the forefront of CSR for several decades now. The recent outbreak of COVID-19 made the company proactively partner with government administrations, in the fight against the coronavirus in its operating states of Tamil Nadu, Kerala, Andhra Pradesh, Telangana, Karnataka, West Bengal and Odisha. The Ramco Cements Limited has contributed Rs 2.50 crores towards Tamil nadu CM relief fund on 2-Apr-2020 in the fight against COVID19.

In addition, in Tamil Nadu and Odisha, they are mobilizing and distributing high-value medical equipment ranging from oxygen concentrators to sophisticated protective gear and basic amenities such as water, shelter and food, by working alongside District Collectors, Police, Public Health Departments and Panchayats.

Their shareholding pattern consists of Promoters and Promoter Group having 42.54% of shares, Public having 23.13% shares, Government having 3.39% following by FII’s having 8.64% shares and DII’s with 22.3% shares.