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UltraTech Cement informs about changes in board composition

19 Oct 2026 Evaluate

UltraTech Cement has informed that the Board of Directors of the Company, at its meeting held today, has considered the following: Relinquishment of position as Non-Executive Vice Chairman of the Company by K. K. Maheshwari (DIN: 00017572) due to his current engagements and other personal commitments with effect from 1st January, 2027. The cessation request letter is attached as Annexure A; Kailash Chandra Jhanwar (DIN: 01743559) will be completing his term as Managing Director on 31st December, 2026. Based on the recommendation of the Nomination, Remuneration and Compensation Committee, the Board has approved the re-designation of Mr. Kailash Chandra Jhanwar as Non-Executive Vice Chairman of the Company with effect from 1st January, 2027. Brief details as required are provided in Annexure B. The meeting commenced at 12 noon and concluded at 1:40 PM.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Ultratech Cement 10811.15
Ambuja Cements 358.55
ACC 1163.85
Shree Cement 22311.00
Dalmia Bharat 1623.70
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