JK Lakshmi Cement Limited has informed the Exchange regarding Change in Director(s) of the company.
JKLAKSHMI · price
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JK Lakshmi Cement's board, at its meeting on 1st August 2025, approved three key director changes. Shrivats Singhania (41) has been appointed as Additional Director designated as Deputy Managing Director for 5 years; he is related to existing Chairperson & Managing Director Vinita Singhania, indicating a next-generation promoter family member taking on a senior leadership role. Vimal Bhandari (67), a Chartered Accountant with 35+ years in financial services and current/past board roles at HDFC Trustee, Bharat Forge, RBL Bank, Bayer CropScience, and others, has been appointed as an Independent Director for 3 years. Arun Kumar Shukla has been re-appointed as President & Director for 3 years. All appointments are subject to shareholder approval at the next AGM. None of the directors are debarred by SEBI.
This is largely a continuity-led board reshuffle with a key promoter-family succession move (Shrivats Singhania as Deputy MD) that reinforces long-term family control of the company. The addition of a high-profile independent director (Vimal Bhandari) strengthens board diversity and financial expertise, which is generally viewed positively by investors. No negative governance signals were identified.