Ambuja Cements Ltd. appointed Vinod Bahety as an additional director, whole-time director and chief executive officer of the company for a term of three years with effect from April 1.
Ajay Kapur has been reappointed as the managing director of the company for a term of two years with effect from April 1, according to an exchange filing on Friday.
The company has also appointed Rakesh Tiwary as chief financial officer with effect from April 1. It has also announced the cessation of Bahety as the CFO from closure of the business hours on March 31.
Praveen Garg has been appointed as an additional director on the board for a term of three years with effect from April 1.
Ambuja Cements also appointed Madhavi Isanaka as a senior management personnel effective from April 1 in the place of Hemal Shah. Shah will cease to be the SMP with effect from the close of business hours on March 31, 2025.
It has also appointed Vaibhav Dixit as an SMP, effective from April 1, in place of Sukuru Ramarao, who will cease to be the SMP with effect from the close of business hours on March 31. Ashwin Raikundaliya, the chief sustainability officer, will cease to be SMP with effect from the close of business hours on March 31.
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