Mangalam Cement Limited has informed the Exchange regarding Change in Director(s) of the company.
MANGLMCEM · price
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Mangalam Cement has appointed Shri Ajit Cherian Kuruvilla (DIN: 11087659) as a Non-Executive Independent Director for a first term of five years, from 3rd May 2025 to 2nd May 2030, subject to shareholder approval at the next general meeting or via postal ballot. He is a B.Com (Hons) and ACA with about 29 years of professional experience, including 27 years in the banking sector, where he last served as the Eastern India Head of HDFC Bank and also led the Transactional and Corporate Banking groups. He is not related to any existing director on the board and holds no shares in the company. The appointment was made via a circular resolution on 3rd May 2025, and he is not debarred by SEBI or any statutory authority.
This is a routine independent director addition that strengthens board oversight but is unlikely to have any direct material impact on the stock price or business operations.