Ambuja Cements Limited — Others, 28-03-2025: Change in Management

Ambuja Cements Limited has announced a board meeting outcome, confirming significant leadership appointments. Mr. Ajay Kapur has been reappointed as Managing Director for two years starting April 1, 2025. Mr. Vinod Bahety will become the Wholetime Director and CEO for three years, also commencing April 1, 2025, while Mr. Rakesh Tiwary is appointed as CFO, effective the same date. Additionally, Mr. Praveen Garg joins as an Independent Director. This strategic leadership overhaul aligns with the Adani Group’s growth objectives and aims to sustain operational excellence. Investor sentiment may be positively influenced by the continuity and expertise these leaders bring to the company.