Non-Executive Director Resigns from The India Cements Limited Due to Increased Commitments
The India Cements Limited has announced the resignation of Mr. Ashok Ramchandran, a Non-Executive Director on its Board. Mr. Ramchandran's resignation is effective from the close of business hours on June 23, 2026.The company stated that the change in directorship was due to a significant increase in Mr. Ramchandran’s current responsibilities and commitments, which constrained him from dedicating sufficient time to his role as a director. The India Cements Limited expressed sincere appreciation and gratitude for Mr. Ramchandran's invaluable contributions during his tenure with the company.
The resignation marks a change in the board composition of The India Cements Limited.
Key details regarding the directorship cessation are provided below:
| Particulars | Details |
|---|---|
| Director Name | Mr. Ashok Ramchandran |
| Role | Non-Executive Director |
| Cessation Date | June 23, 2026 |
| Reason for Change | Increased responsibilities and commitments constraining time to the Board role |
INDIACEM Stock Price Movement
The India Cements Limited shares today closed by gaining 0.86%, settling at ₹380.05 after trading in the commodities sector. The stock saw a volume of 131,773 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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