Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations

Date of Board Meeting / Approval: 24th August 2026

Meeting Duration: Commenced at 6:30 P.M. and concluded at 7:00 P.M.

Corporate Actions:

Management Appointment:

  • The Board of Directors, based on the recommendation of the Nomination & Remuneration Committee, considered the re-appointment of Mr. M. S. Gilotra (DIN: 00152190) as Managing Director
  • Proposed term: For a further period of one year from 1st January 2027 to 31st December 2027
  • Subject to approval of members at the ensuing 68th Annual General Meeting of the Company

Director Profile:

Mr. M.S. Gilotra:

  • Age: 76 years
  • Qualification: Mechanical Engineering graduate from BITS Pilani
  • Experience: Over four decades of experience in the cement industry
  • Previous Role: 21 years with Associated Cement Companies Ltd. (ACC) in various senior leadership roles
  • Current Role: Managing Director, overseeing day-to-day operations and providing strategic and operational leadership
  • Board Tenure: Associated with the Company's Board since June 1995
  • Previous Term: Reappointed for three years from January 1, 2024, to December 31, 2026, as approved at the Annual General Meeting held on 17th August 2023

Reference Details:

SEBI Master Circular: HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated 30th January 2026

Company CIN: L26941GJ1956PLC000840