StockWatch
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Cement & Cement Products
Management Change12 Sept 2026, 03:02 pm

Kesoram Industries Appoints Gautam Agarwalla as MD

AI Summary

Kesoram Industries Ltd announced significant management changes following the completion of a Share Purchase Agreement by Frontier Warehousing Limited, which acquired 42.80% of the company's equity, leading to Frontier Warehousing gaining control and becoming the promoter. The board approved the appointment of Mr. Gautam Agarwalla as Additional Director & Managing Director for five years. Mr. Amit Agarwalla was appointed as Additional Non-Executive Director. Mrs. Charu Rajgharia, Mr. Himanshu Ranjan, and Mr. Aninda Chatterjee were appointed as Non-Executive Independent Directors. The company also recorded the resignation of three directors: Ms. Jikyeong Kang, Mrs. Mangala Radhakrishnan Prabhu, and Mr. Satish Narain Jajoo. Mrs. Nikita Rateria has been appointed as Company Secretary and Compliance Officer. The registered office is also being shifted.

Key Highlights

  • Gautam Agarwalla appointed as MD and Additional Director.
  • Amit Agarwalla appointed as Additional Non-Executive Director.
  • Three new Independent Directors appointed.
  • Resignations of three existing directors recorded.
  • Frontier Warehousing completes acquisition, gains control.