UltraTech Cement Limited has informed the Exchange regarding Appointment of Mr. Jayant Dua as Other of the company w.e.f. April 01, 2026.
ULTRACEMCO · price
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UltraTech Cement's board has approved the appointment of Mr. Jayant Dua as Managing Director (Designate) effective April 1, 2026. He will formally take over as Managing Director from January 1, 2027, for a 4-year term ending December 31, 2030, subject to shareholder approval. This transition follows the end of current MD Mr. K.C. Jhanwar's term on December 31, 2026. Mr. Dua is an internal Aditya Birla Group leader with 37 years of experience across cement, insurance, chlor-alkali, and renewables businesses, and holds an engineering degree from IIT Delhi with an MBA and Harvard AMP. The appointment was recommended by the Nomination, Remuneration and Compensation Committee.
A planned, orderly leadership succession with a seasoned internal candidate signals continuity in strategy and execution. Shareholders are likely to view this positively, though the stock is unlikely to react sharply as no surprise or disruption is involved.