ULTRACEMCONSEUltraTech Cement Limited· Cement And Cement ProductsMediumNeutral
Announced Mon, 27 Apr · 14:29 IST

UltraTech Cement Limited has informed the Exchange regarding Appointment of Mr Mr. Rohit Agarwal as Head - Internal Audit of the Company w.e.f. May 25, 2026.

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ULTRACEMCO · price

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Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹12021.00
prior close
₹12175.00
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AI summary

UltraTech Cement has announced the appointment of Mr. Rohit Agarwal as Head - Internal Audit, effective May 25, 2026. The appointment was approved by the Board of Directors based on the recommendation of the Nomination, Remuneration and Compensation Committee and after review by the Audit Committee. Mr. Agarwal is a Chartered Accountant with approximately 21 years of post-qualification experience spanning mining, metals, power, and manufacturing sectors. His expertise covers finance, internal audit, risk management, forensics, ethics, and governance functions. This appointment follows standard corporate governance procedures as required under SEBI Listing Regulations.

Likely market impact

This is a routine senior management appointment that is unlikely to have any material impact on the company's stock price or operations. The appointment of a new Head of Internal Audit may be viewed positively from a governance perspective, ensuring continued oversight of internal controls.