Outcome of Board Meeting held on March 28, 2025
As filed · ACC Limited has informed the Exchange regarding Outcome of Board Meeting held on March 28, 2025.
What happened
FactACC Limited has informed the Exchange regarding Outcome of Board Meeting held on March 28, 2025. Limited (the Company) at its meeting held today i.e.
Why it matters
CapitSignal interpretationReported results are the point at which prior management commitments become checkable against audited or reviewed numbers.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
DelayedCement demand remained strong through FY26.
However, demand growth for FY27 is expected to remain soft at ~5%, factoring in early forecasts of a below normal monsoon, which could adversely impact agricultural output and housing demand, as well as ongoing West Asia conflicts leading to fuel price volatility.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Margin trend against the prior period
- Cash from operations against reported profit
- Whether prior guidance is reaffirmed
- We are on the course to hit 118 MTPA by financial year '26 and 140 MTPA by financial year '28 as we have promi (management committed by FY28)
- We are on the course to hit 118 MTPA by financial year '26 and 140 MTPA by financial year '28 as we have promi (management committed by FY26)
Evidence
- ACC Limited has informed the Exchange regarding Cessation of Mr Ajay Kapur as Whole Time Director & CEO of the company w.e.f. March 31, 2025.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- RESULTS base 68; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%