ITD Cementation India Limited — Others, 29-05-2025: Appointment

ITD Cementation India Limited has announced a board meeting outcome following its ownership change to Renew Exim DMCC. Dr. Malay Mahadevia has been appointed Non-Executive Non-Independent Director and Chairman, and Mr. Kattunga Srinivasa Rao joins as an Additional Non-Executive Non-Independent Director, both pending shareholder approval. Mr. Nitesh Sharma will become CFO and Key Managerial Personnel from mid-June. Resignations include the former Chairman, Executive Vice Chairman, and CFO, reflecting a major leadership overhaul aligned with the new ownership, signaling a strategic governance and financial reset.