StockWatch
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Cement & Cement Products
Management Change23 Apr 2026, 07:31 pm

Saurashtra Cement: Mahendra Mehta resigns as Chairman Emeritus

AI Summary

Saurashtra Cement Ltd announced the resignation of Mr. Mahendra Nanjibhai Mehta from his position as Chairman Emeritus (Non-Executive Non-Independent Director). His resignation is effective from the close of business hours on April 23, 2026. Mr. Mehta cited ageing and health issues as the reasons for his departure. The company confirmed that there are no other material reasons for his resignation beyond those stated in his letter.

Key Highlights

  • Mr. Mahendra Nanjibhai Mehta resigned from Saurashtra Cement.
  • He served as Chairman Emeritus (Non-Executive Non-Independent Director).
  • Resignation is effective from April 23, 2026, due to ageing and health.
  • No other material reasons for his departure were cited by the company.