Factory 200 Acre for Sale in Dachepalle, Guntur

Listing ID #984278

ANDHRA CEMENTS PVT LYD FOR SALE 4000 CRORES
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FOR GETTING THIS WE NEED LOI & PROFILE (5 YEARS IT RETURNS)
Andhra Cements Limited, incorporated on 9th day of December 1936 under the Indian Companies Act 1913, and had since then experienced several changes till date with respect to the promoters and management.

Earlier, the Management of the Company transferred from the then promoters i.e. M/s Bennett Coleman Co. Ltd. (BDCL) to M/s Duncan Agro Industries Ltd., its known as Duncan Industries Ltd. (DIL) and under the management control of Shri G.P. Goenka (Duncan Goenka Group) who had acquired the Company in the year 1994 from BIFR and later the due to financial crises the production activity of Cement was stopped and the both the plants shut-down during the period from 2010-12 and all the production and all other operations were closed down.

Later, in the Year 2012 the present Promoters viz, Jaypee Development Corporation Limited (Jaypee Group) has acquired about 60% shareholding of the Company and taken over the Management control with effect from February, 2012 by JAYPEE GROUP.

Business Details:
Andhra Cements Limited is having 2 manufacturing Plants situated at Durga Cement Works (DCW) Dachepalli, Guntur District, (AP) and also at Visakha Cement Works(VCW) Visakhapatnam, (AP). The Companies main Clinker Plant was situated at Durgapuram Village, Dachepalli, Guntur District (AP). This Plant is situated at 180 km from Hyderabad on the National High way from Hyderabad to Chennai. This plant having two Cement grinding Machines, both OPC and PPC Grade Cements are manufacturing. Abundant lime stone availability in the Mines as to enable to produce quality Clinker and Cement on this line.

Location of the Plants:
DCW Plant - Located at near Dachepalli (6 Kms) in Guntur District, (AP). 8 Kms from Nadikudi Rly Station. Plant is located very near to the Mines of the Company.

VCW Plant- Located at 13 Kms from Visakhapatnam city on NH 5 and is 2