UltraTech Cement Reappoints Vivek Agrawal as Whole-time Director and Chief Marketing Officer
UltraTech Cement Ltd has approved the re-appointment of Mr. Vivek Agrawal as Whole-time Director and Chief Marketing Officer, effective from January 1, 2027. The appointment is set for a two-year term, running until December 31, 2028, and is subject to shareholder approval.The company's Board of Directors approved the re-appointment following a review by the Nomination, Remuneration and Compensation Committee. Mr. Agrawal will continue in his capacity as Key Managerial Personnel of UltraTech Cement Ltd. The appointment is set for the role of Whole-time Director designated as Whole-time Director and Chief Marketing Officer.
Mr. Agrawal brings extensive experience to this role, having served the company for over 30 years. He initially joined the Group in 1993 as a Zonal Manager within the Cement Marketing Division. Throughout his tenure, he held critical positions such as Head of Marketing for Birla White, Zonal Head for Grey Cement South, and Head of RMC Business.
His career progression at UltraTech included taking charge as CEO of the acquired entity Star Cement in 2010. He assumed the role of Chief Marketing Officer of the Cement Business in October 2013. Mr. Agrawal's contributions have been recognized by the company; he was named an Aditya Birla Fellow in 2017 and received the Chairman's Outstanding Leader Award in 2019.
Before joining UltraTech, Mr. Agrawal worked with Tata Motors. He holds a B.E.(Hons.) from NIT Allahabad and an MBA from FMS, Delhi, having also completed his Advanced Management Program (AMP) from Wharton Business School. There were no disclosed relationships between directors regarding this appointment.
ULTRACEMCO Stock Price Movement
Shares of UltraTech Cement Limited are rallying as of 2:50 PM, climbing 1.72% and currently trading at ₹11929. The strong upward movement is supported by heavy activity, with 310,527 shares traded in the live market 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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