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

ITD Cementation India Limited has announced a board meeting outcome confirming leadership changes after Renew Exim DMCC took ownership. Dr. Malay Mahadevia is the new Chairman and Non-Executive Non-Independent Director, with Mr. Kattunga Srinivasa Rao joining as Additional Director. Mr. Nitesh Sharma will be the new CFO and Key Managerial Personnel. Former leaders including the prior Chairman, Executive Vice Chairman, and CFO resigned due to the ownership transition or personal reasons. Proposed amendments to the Articles of Association will align the company’s governance with the new promoter’s strategic direction.