Sagar Cements Limited has informed the Exchange regarding Change in Director(s) of the company.
SAGCEM · price
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Sagar Cements Limited has informed the exchanges about the re-appointment of Mrs. Onteddu Rekha (DIN: 07938776) as a Non-Executive Independent Director for a second term of five years, effective from June 30, 2025. The decision was taken by the Board on May 12, 2025, on the recommendation of the Nomination & Remuneration Committee, and is subject to shareholder approval at the next Annual General Meeting. Mrs. Rekha holds a B.Com from Osmania University, an MBA from Samford University (USA), and is a Chartered Accountant with vast experience in finance. The company confirmed she has not been debarred from holding a director position by SEBI or any other authority.
This is a routine governance update with no material impact on the stock price. It signals board continuity, as an existing independent director with finance expertise is being retained, subject to shareholder approval.