Ambuja Cements Limited — Others, 28-03-2025: Change in Director(s)

Ambuja Cements Limited has announced a board meeting outcome, approving key leadership changes effective from 1st April 2025. Mr. Ajay Kapur will be reappointed as Managing Director for two years, while Mr. Vinod Bahety has been appointed as Wholetime Director and CEO for three years. Additionally, Mr. Rakesh Tiwary joins as CFO, and Mr. Praveen Garg is appointed as an Independent Director for three years. Significant shifts in senior management include Ms. Madhavi Isanaka and Mr. Vaibhav Dixit taking on new roles, signaling a proactive approach to leadership development. These transitions may boost investor confidence in the company's strategic direction, presenting a positive outlook.