Intimation regarding appointment of Mr. Gaurav Jain as Head - Corporate Affairs (being Senior Management Personnel) w.e.f. 1st June, 2026
SHREECEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Cement Limited has advanced the appointment date of Mr. Gaurav Jain as Head – Corporate Affairs to 1st June, 2026, removing the earlier condition of shareholder approval. Mr. Jain brings over two decades of experience in sales, business development, investor relations, and corporate affairs, having held leadership roles at the Jaypee Group, ICICI Group, and Accenture. He holds an MBA from the Indian School of Business, Hyderabad. The disclosure notes that Mr. Jain is a relative of Mr. H.M. Bangur (Chairman) and Mr. Prashant Bangur (Vice Chairman), both Promoters of the company. This is a routine senior management appointment and does not involve a board-level or key managerial personnel (KMP) role.
The appointment of a senior manager with extensive experience is neutral to modestly positive for the company. The familial relationship to the promoter family is disclosed as per governance norms and does not signal any governance concern.