Sagar Cements appoints K.V.Vishnu Raju as chairman

26 Sep 2022 , 12:34 PM

K.Thanu Pillai was previously the chairman of the company and on completion of his term, the companys board approved the appointment of K.V.Vishnu Raju in his place. K.V.Vishnu Raju presently is on the board of Anjani Vishnu Allied Services as a whole-time director. He has been on the board of Anjani Portland Cement as its chairman and managing director from 1999 to 2014. Sagar Cements is one of Indias leading cement manufactures. The company reported a consolidated net loss of Rs 7.22 crore as against a net profit of Rs 49.92 crore in Q1 FY23 over Q1 FY22. Net sales rose 42.1% to Rs 557.72 crore in Q1 FY23. Shares of Sagar Cements declined 3.88% to Rs 197.05 on the BSE. Powered by Capital Market – Live News