6 Dec 2023 , 02:26 PM
Dalmia Cement (Bharat) Ltd appoints Puneet Yadu Dalmia as Managing Director & CEO for a five-year term starting December 8. Incumbent Mahendra Singhi to transition to the role of Strategic Advisor to Managing Director & CEO from December 9, 2023.
Mahendra Singhi’s tenure as Managing Director & CEO concludes on December 8, after which he assumes the position of Non-Executive Non-Independent Director and Strategic Advisor to the CEO.
The board of the company approves both appointments in its meeting on Tuesday. Dalmia Cement is the fourth largest cement maker in India, operating with a manufacturing capacity of 44.6 MTPA across 15 cement plants and grinding units in 10 states.
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