UltraTech Cement Limited has informed the Exchange regarding Appointment of Mr. Jayant Dua as Managing Director of the company w.e.f. January 01, 2027.
ULTRACEMCO · price
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UltraTech Cement has appointed Mr. Jayant Dua as Managing Director (Designate) and Senior Management Personnel effective 1st April, 2026. He will formally take over as Additional Director, Managing Director and Key Managerial Personnel from 1st January, 2027 for a 4-year term (until 31st December, 2030), subject to shareholder approval. This follows the completion of current MD Mr. K. C. Jhanwar's term on 31st December, 2026. Mr. Dua brings 37 years of experience, having joined the Aditya Birla Group in 1996 and held leadership roles across Cement, Insurance, Chlor-Alkali and Renewables businesses. He holds an Engineering degree from IIT Delhi, an MBA, and has completed the Advanced Management Program from Harvard Business School.
This is a planned leadership succession with continuity from within the Aditya Birla Group, suggesting stability for shareholders. The appointment of a seasoned internal leader should reassure investors, though the stock may see limited immediate reaction as the transition is already signposted.