Saurashtra Cement Limited
Saurashtra Cement Limited disclosed the outcome of its Board of Directors meeting held on Monday, 24th August 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Board Decision and Effective Date
Based on the recommendation of the Nomination & Remuneration Committee, the Board of Directors approved the reappointment of Mr. M. S. Gilotra as Managing Director for a further period of one year, from 1st January 2027 to 31st December 2027. This reappointment is subject to approval by the members (shareholders) at the ensuing 68th Annual General Meeting of the Company.
Director Profile and Background
Mr. M. S. Gilotra is 76 years old and a seasoned professional with over four decades of experience in the cement industry. He is a Mechanical Engineering graduate from BITS Pilani. He spent 21 years with Associated Cement Companies Ltd. (ACC) in various senior leadership roles, overseeing cement plant operations, project feasibility, execution, and management.
He has been associated with the company's Board since June 1995 and currently serves as Managing Director, overseeing day-to-day operations and providing strategic and operational leadership. His most recent term was for three years, from 1st January 2024 to 31st December 2026, as approved at the Annual General Meeting held on 17th August 2023.
Director Relationships
Mr. M. S. Gilotra is the Whole-time Director in the company. He is not related to any other Director or Promoter of the company.
Meeting Details
The Board meeting commenced at 6:30 P.M. and concluded at 7:00 P.M. on 24th August 2026.
Contact and Reference
The disclosure was signed by Sonali Sanas, Chief Legal Officer, CS & Strategy (Membership No.: A16690). The company's reference number for the filing is B/SCL/SE/SS/253/2026-27.