Acquisition
14 12월 2005 - 4:21PM
UK Regulatory
RNS Number:6324V
Associated Cement Companies Ld(The)
14 December 2005
December 14, 2005
Dear Sirs,
We have acquired 98.84% of the equity shares of TARMAC India Pvt. Ltd. (TIPL).
TIPL was a subsidiary of Tarmac UK - which is part of Anglo American plc Group.
TIPL is in the Ready Mix Concrete business since 1997. It has two Ready Mix
Concrete Plants located in Mumbai and Navi Mumbai respectively. The acquisition
has been made at a cost of Rs. 12.40 crores. The acquisition is with immediate
effect and is on "going concern" basis.
TIPL will now be a subsidiary of the Company.
This is for your information.
Yours faithfully,
For THE ASSOCIATED CEMENT COMPANIES LIMITED
A Anjeneyan
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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