SHREECEMNSESHREE CEMENT LIMITED· Cement And Cement ProductsHighNeutral
Announced Wed, 18 Feb · 18:47 IST

SHREE CEMENT LIMITED has informed the Exchange regarding Notice of Postal Ballot for seeking consent of the members of the Company by way of special resolution for re-appointment of Mr. Hari Mohan Bangur as Whole Time Director, designated as Chairman of the Company for a period of 5 (five) years commencing from 1st April, 2026

Management 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

Awaiting price reaction for this filing.

AI summary

Shree Cement has issued a Postal Ballot notice seeking shareholder approval for the re-appointment of Mr. Hari Mohan Bangur as Whole Time Director designated as Chairman. The proposed term is 5 years, effective from 1st April 2026. A special resolution is required since this is a board-level leadership position. Mr. Bangur belongs to the promoter Bangur family, which has long-standing control over the company. Shareholders will vote remotely through the postal ballot process before the results are announced.

Likely market impact

This is a routine re-appointment of the existing Chairman and may be viewed as business-as-usual. Approval is largely expected but is relevant for promoter family governance continuity at the top of the company.