Ambuja Cements Limited — Board Meeting, 28-03-2025: Outcome of Board Meeting

Ambuja Cements Limited has announced a board meeting outcome, approving key leadership changes effective from April 1, 2025. Mr. Ajay Kapur is reappointed as Managing Director for two years, while Mr. Vinod Bahety moves from CFO to Wholetime Director and CEO for three years. Mr. Rakesh Tiwary takes over as CFO. Additionally, Mr. Praveen Garg is appointed as an independent director. Significant shifts in senior management include appointments of Ms. Madhavi Isanaka as Chief Digital Officer and Mr. Vaibhav Dixit as Head of Manufacturing. These developments align with the company's strategic leadership transition plan.