RNS Number:9597G
Associated Cement Companies Ld(The)
31 July 2006


SHR NSA LSE



July 28, 2006


The Bombay Stock Exchange Limited,
Phiroze Jeeejeebhoy Towers,
Dalal Street,
MUMBAI  400 001.


Dear Sirs


Re:  Allotment of   24,166   shares against Conversion of  Foreign Currency
Convertible Bonds - FCCBs

--------------------------------------------------------------------------------

We have to inform you that pursuant to the Resolutions passed by Circular dated
July 27, 2006, by the Shareholders/Investors Grievance Committee of the Board,


24,166   shares were allotted against Conversion of FCCBs by Bond Holders


Consequently, the paid up Share Capital of the Company has increased from
18,69,17,539 shares to 18,69,41,705 of Rs.10/- face value, as of date.




Thanking you,



Yours faithfully,
For The Associated Cement Cos. Ltd.,




(R. Padmanabhan)
Sr. Manager - Shares









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