How it started
History
In 1936, eleven cement companies belonging to Tata, Khatau, Killick Nixon and Seth Edulji Dinshaw groups merged to form a single entity, The Associated Cement Companies. Nowroji Saklatvala was the first chairman of ACC. The first board of directors had some prominent industrialists—JRD Tata, Ambalal Sarabhai, Walchand Hirachand, Dharamsey Khatau, Akbar Hydari, Mir Yousuf Ali Khan, Salar Jung III and Homi Mody.
The companies that were merged were:
The Indian Cement Co. Ltd.
The Katni Cement and Industrial Co. Ltd.
Budhi Portland Cement Ltd.
From Wikipedia’s article on ACC Limited, shared under CC BY-SA 4.0.2