AMCD Acc Gds (Regs)

RNS Number:3499X
Associated Cement Companies Ld(The)
24 January 2006



January 24, 2006



ACC Board very reluctantly accepted the request of Mr. Tarun Das to step down as
Chairman and Director of ACC.


During his six years of tenure as Chairman, Mr. Das led ACC by ensuring the
highest standards of corporate governance as well as social responsibility,
while inspiring ACC to pursue excellence in all the areas of activities.
Consequently, his tenure saw ACC's turnover cross 1 billion US Dollar mark,
production exceed 16 million tonnes in a year and the profit grow beyond Rs. 500
crores in 2005.


His chairmanship of ACC will also be remembered for bringing back the sharp
focus of ACC to the core business of cement and concrete.


The Board appointed Deputy Chairman, Mr. Narottam Sekhsaria as Chairman. Mr.
Sekhsaria, one of the most respected leaders and entrepreneurs of the Indian
Cement Industry, is the Managing Director of Gujarat Ambuja Cements Limited. He
has been associated with ACC for the last six years. The Board also decided to
appoint Mr. Paul Hugentobler, member of Executive Committee of Holcim, as Deputy
Chairman.

(M L Narula)

Managing Director
______________________________________________________________________________

  The Associated Cement Companies Limited, 121 Maharshi Karve Road, Mumbai 400
                               020. Tel: 56654321


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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