ACC Limited is an India-based company engaged in the manufacturing of cement. On January 1, 2008, the Company’s subsidiary ACC Concrete Limited completed the acquisition of ready mix concrete (RMX) business of ACC Limited. During the year ended December 31, 2008, the Company produced 20.83 million tons of cement. In October 2008, the Company completed the acquisition of 40% of Alcon Cement Company Limited (Alcon). During the year ended December 31, 2008, the Company also acquired an additional 12.41% share in Bulk Cement Corporation (India) Limited (BCCI). In March 2008, the Company completed the selling of its wholly owned subsidiary ACC Machinery Company Limited. During 2008, BCCI handled 7.6 lakh tons of cement.