SHREECEMNSESHREE CEMENT LIMITED· Cement And Cement ProductsHighNeutral
Announced Thu, 28 May · 19:28 IST

SHREE CEMENT LIMITED has informed the Exchange about change in Management

Promoter Family Board EntryManagement Changes View source PDF

SHREECEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹25365.00
prior close
₹25405.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2-0.1-0.0-0.0-1.2-1.9-2.2-3.4-4.9-7.8-1.0-0.8
Up moveDown movePending
AI summary

Shree Cement Limited has announced the appointment of Mr. Gaurav Jain as Head - Corporate Affairs, a Senior Management position. The appointment date has been advanced from 20th June 2026 to 1st June 2026. Mr. Jain brings over two decades of experience in sales, business development, investor relations, and corporate affairs, having worked at Jaypee Group, ICICI Group, and Accenture. He holds an MBA from the Indian School of Business, Hyderabad. Notably, he is a relative of Mr. H.M. Bangur (Chairman) and Mr. Prashant Bangur (Vice Chairman), both Promoters of the company. Shareholder approval is no longer required as the appointment terms have been revised.

Likely market impact

The appointment brings experienced leadership in corporate affairs, though the familial relationship with Promoter family members (Chairman and Vice Chairman) may raise some governance questions from investors.