Kesoram Industries Limited — Important, 05-08-2025: General Updates
05-08-2025 | 12:40 pm
05-08-2025 | 12:40 pm
Kesoram Industries completed the demerger of its cement business, entering a transitional phase. The company reported a net profit of ₹5,675.63 Cr in FY25, driven solely by a one-time demerger gain, with no operational profit. To navigate post-demerger restructuring and spearhead its Rayon, Transparent Paper, and Chemicals businesses, the company proposes to re-appoint its Whole-time Director & CEO for one year. His annual remuneration is ₹5.29 Cr, payable despite the current lack of operational profits. This strategic move aims for continuity in leadership during this critical period.
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